Options Clearing Corporation

(redirected from Options Clearing Corp)

Options Clearing Corporation (OCC)

Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts.

Options Clearing Corporation

Options Clearing Corporation (OCC)

An organization established in 1972 to process and guarantee the transactions in options that take place on the organized exchanges. The OCC substitutes its own credit for that of the parties undertaking the options transactions.

Options Clearing Corporation (OCC).

The Options Clearing Corporation issues all exchange-listed securities options in the United States and guarantees all transactions in those options.

The OCC also assigns exercised options for fulfillment, and handles the processing, delivery, and settlement of all options transactions.

The OCC is responsible for maintaining a fair and orderly market in options and is overseen by the Securities and Exchange Commission (SEC). It's jointly owned by the exchanges that trade options.

For an overview of what you should know about options trading, you can check the OCC publication, "Characteristics and Risks of Standardized Options."

References in periodicals archive ?
The merger meets an opportunity in which the equity options market set a new annual trading volume record for 2009, according to last week's report of the Options Clearing Corp.
is a member of FINRA, New York Stock Exchange, NYSE Arca Exchange, NYSE Amex Equities, NYSE Amex Options, BATS Exchange, Direct Edge Exchanges (EDGA and EDGX), Chicago Board Options Exchange, Chicago Stock Exchange, International Securities Exchange, NASDAQ OMX BX, NASDAQ OMX PHLX, NASDAQ Stock Market, NASDAQ LIFFE, LLC, National Stock Exchange, Options Clearing Corp.
ICE Europe, The Clearing Corporation, Options Clearing Corp.
is a member of the New York Stock Exchange, NYSE Alternext, Chicago Stock Exchange, FINRA, the Chicago Board Options Exchange (CBOE), OneChicago, the International Securities Exchange (ISE), the NYSE Arca Exchange, the Options Clearing Corp (OCC), the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC and is a participant of the Boston Options Exchange (BOX).
NASDAQ, the Chicago Stock Exchange, the Chicago Board Options Exchange, OneChicago, the International Securities Exchange, NYSE ARCA, the Options Clearing Corp, the MSRB, NSCC, ISMA, DTC, Euroclear, SIPC, the Philadelphia Stock Exchange and is a participant of the Boston Options Exchange (BOX).
the Chicago Board Options Exchange, OneChicago, the International Securities Exchange, the NYSE Arca Exchange, the Options Clearing Corp, the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC and is a participant of the Boston Options Exchange (BOX).
the Chicago Board Options Exchange, OneChicago, the International Securities Exchange, the ARCA Exchange, the Options Clearing Corp, the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC, the Pacific Exchange and is a participant of the Boston Options Exchange (BOX).
is a member of the New York Stock Exchange, NYSE Amex LLC, Chicago Stock Exchange, FINRA, the Chicago Board Options Exchange (CBOE), OneChicago, the International Securities Exchange (ISE), the NYSE Arca Exchange, the Options Clearing Corp (OCC), the MSRB, NSCC, ICMA, DTC, Euroclear, SIPC and is a participant of the Boston Options Exchange (BOX).