Ensuring Confidence in the Financial Markets and Broader Economy — Everyday!
OCC began as a clearinghouse for listed equity options, and has grown into a globally recognized entity that clears a multitude of diverse and sophisticated products.
The basic concept of options contracts - an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a later date - goes back as far as Aristotle. Modern options contracts were standardized for the first time, 45 years ago. In 1975, OCC became the clearinghouse for all exchange-listed equity options and today is the world's largest equity derivatives clearing organization. Learn more about the history of OCC.
In 2012, OCC was designated a Systemically Important Financial Market Utility (SIFMU), as part of the Dodd-Frank legislation. OCC's role as a SIFMU is critical to providing financial stability for market participants, investors, and the economy. OCC also promotes continued education of the listed options markets through The Options Industry Council (OIC).
OCC is committed to achieving a diverse workforce through application of its equal opportunity policy. OCC provides equal employment opportunties (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, age, marital status, disability, nation origin, ancestry, miliatry or veteran status, sexual orientation, pregnancy, genetic information, gender identity and/or expression, or as otherwise protected by applicable federal, state, or local laws.