OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Michael Kurd, Managing Director, Head of Americas Prime Financial Services at J.P. Morgan, as a Member Director to its Board of Directors. Kurd brings with him more than 20 years of experience, primarily in equity derivatives trading.
“We’re pleased to welcome Michael to our board as a Member Director,” said Craig Donohue, OCC Chairman. “His familiarity with our industry will serve as a valuable addition to our leadership bench. Together, our Board’s collective experience and guidance support our goals of driving operational excellence and innovation, helping OCC ensure confidence in the global financial markets.”
Kurd joined J.P. Morgan in 2017 as Managing Director, Head of Americas Single Stock Equity Derivatives Trading. He then served as Managing Director, Head of Americas Exotics and Single Stock Equity Derivatives Trading from 2021 until 2024, when he took on his present role running Americas Prime Financial Services.
Before joining J.P. Morgan, Kurd worked at Deutsche Bank for three years as an Executive Director, Head of Single Stock Equity Derivatives Trading. He began his career at Merrill Lynch in 2004, where he worked for 10 years. Kurd holds Series 7, Series 57, Series 79, Series 99, Series 63, Series 24, and Series 3 certifications.
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