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Options Clearing Corporation (derivatives clearing organization) in Online Business Directory

The Options Clearing Corporation (OCC), founded in 1973, is the worlds largest equity derivatives clearing organization. We are dedicated to promoting stability and financial integrity in the marketplaces that we serve by focusing on sound risk management principles. By acting as guarantor, we ensure that the obligations of the contracts we clear are fulfilled. As the marketplace evolves, so do our clearing capabilities. Although we began as a clearinghouse for listed equity options, we have grown into a globally recognized entity that clears a multitude of diverse and sophisticated products. OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). Under its SEC jurisdiction, OCC clears transactions for put and call options on common stocks and other equity issues, stock indexes, foreign currencies, interest rate composites and single-stock futures. As a registered Derivatives Clearing Organization (DCO) under CFTC jurisdiction, we offer clearing and settlement services for transactions in futures and options on futures. Overseeing OCC is a clearing member dominated board of directors. OCC operates as an industry utility and receives most of its revenue from clearing fees charged to its members. We offer volume discounts on fees and, as applicable, refund excess fees to our clearing members.

Address: One North Wacker Drive, Suite 500, Chicago IL 60606
Telephone: 1-312-322-6200
Fax: 1-312-977-0611
Website: http://www.optionsclearing.com/