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What Is OCC?

The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 21 exchanges and trading platforms.

OCC also provides free and engaging educational resources about the benefits and risks of options through its Options Industry Council (OIC). 

OCC Toolkit

To learn more about what OCC does, the markets it serves and the products it clears, download a PDF below.

OCC At a Glance


A Brief Introduction


Products Cleared + Markets Served


How OCC is Structured


OCC Stock Loan Programs

 

 

Primers


What is a SIFMU?


Intro to Trading Halts


Clearing Membership Criteria


OCC Financial Safeguards


Exchange Listed Options Ecosystem


How CCPs Support Financial Stability


Exercise and Assignment


Life Cycle of a Trade


What is Margin?

Performance Highlights


Total Annual Volume


2023 Highlights


2022 Highlights


2021 Highlights


2020 Highlights