The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms. More information about OCC is available at www.theocc.com.
Industry
Financial Services, Retail trade, footwear and leather goods, General traders, department and retail stores, Retail & Traders
HQ Location
125 S Franklin St
Chicago, Illinois, US
Keywords
Risk ManagementEquity Derivatives ClearingCapital MarketsOptions Industry CouncilClearingSettlementOptionsFinancial FuturesSecurities LendingSecurity Futures