Explore
Close
System Status
Your acceptance of all cookies will permit robust site functionality. If you don't allow cookies, some features and functionality of OCC's site may not operate as expected. If you do not choose either cookie setting for our site, or if you close this window, this message will continue to display on each page you visit. Cookie settings can be controlled in your Internet browser to automatically reject some forms of cookies. For more details on cookies this site uses, see our OCC Site Cookies page. In addition to using cookies, we retain other information, including your Internet Protocol (IP) address, for the purposes listed in the Privacy Policy.
Search

Menu

The Foundation for Secure Markets

Clearance & Settlement

Risk Management

Careers

OCC Views
Oct. 13, 2020
OCC Marks the Passing of Cboe Founding President Joseph Sullivan III

OCC’s Board of Directors, management and colleagues join Cboe Global Markets and the U.S. exchange-listed options industry in honoring the life of Joseph Sullivan III. It was Joe’s vision and astute understanding of U.S. derivatives markets that helped lead the way to the creation of the Chicago Board Options Exchange, the trading of the first listed options contract, and ultimately the formation of the Options Clearing Corporation. Joe’s leadership, along with other knowledgeable industry experts, not only resulted in a strong and vibrant marketplace that provided a...

Insights
Sep. 22, 2020
OCC Recovery and Orderly Wind-Down Plan Participant Guide

Contents

  • OCC 
    • Designation as a Systemically Important Financial Market Utility
    • Regulatory Oversight
    • Who OCC Serves
  • Purpose of Recovery and Orderly Wind-Down Plan
  • Expected Content of Recovery and Orderly Wind-Down Plan
  • Governance of Recovery and Orderly Wind-Down Plan
  • OCC’s Critical...
Press Releases
Sep. 22, 2020
OCC Issues Paper on Central Clearinghouse Resiliency and Stability

In the midst of record cleared contract volume, OCC, the world's largest equity derivatives clearing organization, today released a paper titled, Optimizing Incentives, Resilience and Stability in Central Counterparty Clearing, on central counterparty (CCP) clearing resiliency, recovery and resolution. The paper details OCC’s approach as a market utility, to risk and capital management, ensuring industry feedback is received and considered, enhancing operational resiliency, and providing greater...

Insights
Sep. 22, 2020
Optimizing Incentives, Resilience and Stability in Central Counterparty Clearing

Key Highlights:

  • Central counterparty clearinghouses like OCC — which stand between buying and selling parties in trades and manage the risk to the market should one side of a transaction default — have worked extremely well over the course of their existence by underpinning stable markets to the benefit of the investing public during times of market stress.
OCC Views
Sep. 14, 2020
With derivatives contracts soaring due to the pandemic, so did OCC’s cash balance

Many companies have drawn down on revolving bank credit facilities to get their hands on much-needed cash. But Amy Shelly, CFO of the Chicago-based Options Clearing Corporation (the OCC), the world’s largest equity derivatives clearing organization, faced a different problem during the pandemic: She was sitting on too much cash as a result of an explosion in clearing volumes.

News Search

Go to: Press Releases, Comment Letters, OCC Views, News, Insights
View All News
Newsroom Content

This web site discusses exchange-traded options issued by The Options Clearing Corporation. No statement in this web site is to be construed as an endorsement, recommendation or solicitation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of the disclosure document, Characteristics and Risks of Standardized Options. Individuals should not enter into option transactions until they have read and understood this document. To obtain copies, contact your broker, any exchange on which options are traded, or The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606 (investorservices@theocc.com).

© 2020 The Options Clearing Corporation. All rights reserved.