The Options Clearing

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.

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 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.

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.

This web site discusses listed securities options, futures contracts, and options on futures contracts issued by The Options Clearing Corporation. No statement in this web site is to be construed as a recommendation to purchase or sell any such contracts or to provide investment advice. Securities options, futures contracts, and options on futures contracts involve risk and are not suitable for all investors. Prior to buying or selling a securities option, a person must receive a copy of Characteristics and Risks of Standardized Options .

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