NYSE ARCA Options: Q3 Enhancements to Risk Controls

Discussion in 'Options' started by ETJ, Jun 30, 2023.

  1. ETJ

    ETJ

    If anyone cares.




    [​IMG] TRADER UPDATE

    06/30/2023, 16:18:54 EDT
    NYSE ARCA OPTIONS: Q3 ENHANCEMENTS TO RISK CONTROLS


    NYSE Pillar Risk Controls & FAQ





    Risk Management is the Firm’s Responsibility


    A Firm’s use of Exchange-offered risk controls are intended to be supplemental to -- and not meant to replace -- the Firm’s internal monitoring and risk control procedures related to risk management. The Exchange-offered risk controls are not designed to be the sole means of risk control and should not be relied upon as such. A Firm’s use of Exchange-offered risk controls are configurable and under the direct control and supervision of the Firm. As such, the Exchange expressly disclaims all responsibility for the configuration of the risk control features. Moreover, use of the risk controls will not automatically constitute compliance with any exchange or federal rules, including but not limited to SEC Rule 15c3-5 (the “Market Access Rule”), and it is the firm’s sole responsibility to ensure its own compliance with the Market Access Rule and all other exchange and federal rules. For more information, please see Arca Options Rule 6.40P-O.