The Options Clearing Corporation (OCC)

Overview

The Options Clearing Corporation (OCC) is a clearing house based in Delaware, with its headquarters in Chicago and additional offices in Texas and Washington, D.C. Founded in 1973, it serves as a central clearing entity for equity options markets and is recognized as the largest options clearing organization globally. It is owned by four securities exchanges that facilitate listed stock options.

OCC provides essential services including clearing and settlement for equity options, index options, futures, and other derivatives. It plays a crucial role in risk management, monitoring the financial exposure of its clearing members, and managing collateral, holding around $100 billion in deposits. OCC also facilitates stock borrowing and lending and clears over-the-counter options on major indices. Supporting at least 14 exchanges and processing billions of dollars in trades daily, OCC ensures market stability and integrity for a broad range of market participants.

Basic Information

Contact Details

• Phone: +1 312-322-6200
• Website: theocc.com
• LinkedIn: linkedin.com/company/occ

Key Focus Areas & Initiatives

• Risk management
• Equity derivatives clearing
• Capital markets
• Options industry council
• Clearing
• Settlement
• Options
• Financial futures
• Securities lending
• Security futures
• Central counterparty
• Systemically important financial market utility
• Data processing
• Volume growth
• Member services
• Options settlement
• Options contracts
• Risk monitoring
• Financial services
• Data security
• Container-based solutions
• Market data handling
• Risk management systems
• Financial system resilience
• Security
• Technology upgrades
• Investor education partnership
• Counterparty risk mitigation
• Resilience
• Scalability
• Clearinghouse services
• Market utility
• Market ecosystem
• Trade guarantee
• Financial stability
• Financial market utility
• Derivatives clearing
• Regulatory compliance
• B2B
• Equity options
• IT infrastructure modernization
• Securities and derivatives clearing
• Derivatives volume growth
• Trade clearing
• Scalability solutions
• System upgrade efficiency
• Financial technology
• Market ecosystem support
• Other financial vehicles
• Risk monitoring tools
• US options markets
• Transaction data management
• Technology modernization
• Market stability
• Stock loan transactions
• Hedge system
• Systemically important
• Market participant support
• Index options
• Stock loans
• Derivatives risk mitigation
• Compliance
• Financial market infrastructure
• Volume growth management
• Trade clearing services
• Clearing and settlement
• System resilience
• Services
• Market efficiency
• IT infrastructure
• Finance
• Education
• Computer & network security
• Information technology & services
• Finance technology

Technologies Used

• AI
• Atlassian Cloud
• CloudFlare CDN
• CloudFlare Hosting
• Cloudflare DNS
• Pardot
• Sendgrid
• VueJS
• Workday

Affiliated Organizations & Regional Branches