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The Options Clearing
Distance: 0.0 Mi1 N Wacker Dr Ste 500
60606 Chicago -
Jaypee USA
Distance: 0.1 Mi30 S Wacker Dr Ste 1918
60606-7488 Chicago -
Townsend Analytics, Ltd
Distance: 0.1 Mi100 S Wacker Dr Ste 2040
60606-4050 Chicago -
ODL Securities
Distance: 0.2 Mi125 S Wacker Dr Ste 300
60606-4421 Chicago -
AlphaMetrix, LLC
Distance: 0.2 Mi181 W Madison St Ste 3825
60602-4500 Chicago
The Options Clearing Corporation
- 1 N Wacker Dr Ste 500
- Chicago, Illinois
- 60606
- Phone: (312) 463-6193
- Website
Description
OCC, founded in 1973, is the world's largest equity derivatives clearing organization. OCC is dedicated to promoting stability and financial integrity in the marketplaces that it serves by focusing on sound risk management principles. By acting as guarantor, OCC ensures that the obligations of the contracts it clears are fulfilled.
OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 16 exchanges and trading platforms for options, financial futures, security futures and securities lending transactions. More information about OCC is available at www.theocc.com .
In addition to the resources available through the Help Desk, each clearing member is paired with a designated Member Services Representative. These Representatives develop and maintain strong relationships with their firms by providing personalized service, coordinating ancillary services and communicating important business information. Representatives also conduct training and operations orientations and perform member visits and service reviews. Member Services Representatives ensure that the concerns and needs of its membership are fully addressed by OCC's corporate objectives.
OCC's mission is to provide market participants with innovative risk management solutions. OCC prides itself by offering industry leading efficiencies in the clearing and settlement of financial transactions. Its systems facilitate fulfillment of margin and settlement obligations and improve the effectiveness of back-office operations. By striving to achieve the highest possible standards of service, OCC promotes stability and integrity in every market it serves.
OCC is dedicated to promoting stability and financial integrity in the marketplaces it serves by focusing on sound risk management principles, including rigorous initial and ongoing membership standards, prudent margin requirements and a substantial clearing fund.