OCC


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OCC

Options Clearing Corporation

OCC

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 ?
Without admitting or denying the SEC's and CFTC's findings, OCC agreed to pay a combined $20 million in penalties ($15 million under the SEC's order and $5 million under the CFTC's order) and hire an independent compliance auditor to assess its remediation of the violations and subsequent compliance efforts.
Without admitting or denying the SEC’s and CFTC’s findings, OCC agreed to pay a combined $20 million in penalties ($15 million under the SEC’s order and $5 million under the CFTC’s order) and hire an independent compliance auditor to assess its remediation of the violations and subsequent compliance efforts.0x20 The respective orders detail the charges and undertakings, as well as cooperation and remedial efforts that the SEC and CFTC considered in accepting OCC’s offer of settlement.
Several fintech companies told Reuters in August that they would be cautious about applying for the OCC license while legal challenges remained unresolved.
Dr Ahmed said, 'Since 1978, OCC has symbolised the country's drive for self-reliance in its core industries.
The OCC bikes were inspired by how Okada Manila was built - meticulously conceptualized and made to represent an integrated resort like no other.
The organization previously submitted a response letter during the public comment period for the OCC's draft guidelines for fintech charters, which closed April 14.
In March, the OCC published a draft supplement to its licensing manual, which contains existing regulations for chartering national banks.
Our method allowed us to study large (see Occ. A) and very small populations (see transfers for Occ.
On April 28, 2016, the OCC approved OG&E's request to install dry scrubbers at Sooner coal unit 1 and 2, primarily to comply with EPA rules, promote fuel diversity, and protect customers from natural gas price volatility.
Optical Cable Corporation (Nasdaq GM: OCC) said its board of directors has approved a plan to purchase and retire up to 400,000 shares of OCC's common stock, or approximately six percent of the current shares outstanding.
Oman Cement Company (OCC) and Atlas Copco have released details of how their long-standing strategic relationship helps to maintain the self-reliant nature of the sultanate's cement industry.