About OCC

Our Background

Founded in 1973, OCC is the largest clearing organization in the world for equity derivatives. Operating under the jurisdiction of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), OCC issues and clears U.S.-listed options and futures on a number of underlying financial assets including common stocks, currencies and stock indexes. OCC's clearing membership consists of approximately 120 of the largest U.S. broker-dealers, U.S. futures commission merchants and non-U.S. securities firms representing both professional traders and public customers. The stockholder exchanges share equal ownership of OCC. This ownership, along with a significant clearing member presence on the Board of Directors, ensures a continuing commitment to servicing the needs of OCC's participant exchanges, clearing members and their customers. OCC provides clearing services for options, financial and commodity futures, security futures and securities lending transactions.

Our Mission

As the world's largest equity derivatives clearinghouse, our mission is to provide market participants with innovative risk management solutions. We pride ourselves on offering industry leading efficiencies in the clearing and settlement of options, futures and other financial transactions. We also value the important role we play in educating investors and the public about the prudent use of options and futures markets. As a systemically important institution, we recognize our critical role in promoting financial stability and integrity in every market we serve. That is why we continually strive to achieve the highest standards possible in everything that we do.

  • Participant Exchanges

  • BATS Exchange, Inc.
  • Lenexa, KS
  • BOX Options Exchange LLC
  • Boston, MA
  • C2 Options Exchange, Incorporated
  • Chicago, IL
  • Chicago Board Options Exchange, Incorporated
  • Chicago, IL
  • International Securities Exchange, LLC
  • New York, NY
  • Miami International Securities Exchange, LLC
  • Princeton, NJ
  • NASDAQ OMX BX, Inc.
  • Boston, MA
  • NASDAQ OMX PHLX, LLC
  • Philadelphia, PA
  • The NASDAQ Stock Market LLC
  • New York, NY
  • NYSE Arca, Inc.
  • Chicago, IL
  • NYSE MKT, LLC
  • New York, NY
  • Topaz Exchange, LLC
  • (d/b/a ISE Gemini)
    New York, NY
  • Futures Markets

  • CBOE Futures Exchange, LLC
  • Chicago, IL
  • ELX Futures LP
  • New York, NY
  • NASDAQ Futures, Inc.
  • Philadelphia, PA
  • NYSE Liffe US LLC
  • New York, NY
  • OneChicago LLC
  • Chicago, IL
  • Alternate Trading Systems
    (Securities Lending)

  • Automated Equity Finance Markets, Inc.
  • New York, NY

Clearing Members

as of December 31, 2013
  • A
  • ABN AMRO Clearing Chicago LLC
  • ABN AMRO Securities (USA) LLC
  • ADM Investor Services, Inc.
  • Advantage Futures, LLC
  • Albert Fried & Company, LLC
  • American Enterprise Investment
      Services, Inc.
  • Apex Clearing Corporation
  • Archipelago Securities, L.L.C.
  • Automated Trading Desk Financial
      Services, LLC
  • B
  • Banca IMI Securities Corp.
  • Barclays Capital Inc.
  • BB&T Securities, LLC
  • Bloomberg Tradebook LLC
  • BMO Capital Markets Corp.
  • BMO Nesbitt Burns, Inc.*
  • BNP Paribas Prime Brokerage, Inc.
  • BNP Paribas Securities Corp.
  • BNY Mellon Clearing, LLC
  • Broadridge Business Process
      Outsourcing, LLC
  • C
  • C.L. King & Associates, Inc.
  • Canaccord Genuity Corp.*
  • Cantor Fitzgerald & Co.
  • Charles Schwab & Co., Inc.
  • CIBC World Markets Corp.
  • CIBC World Markets Inc.*
  • Citadel Securities LLC
  • Citigroup Global Markets Inc.
  • Compass Professional Services, LLC
  • COR Clearing LLC
  • Cowen Equity Finance LP
  • Credit Agricole Securities (USA) Inc.
  • Credit Suisse Securities (USA) LLC CSS, LLC
  • D
  • Daiwa Capital Markets America Inc.
  • Deutsche Bank Securities Inc.
  • Dorman Trading, LLC
  • E
  • E D & F Man Capital Markets Inc.
  • E*TRADE Clearing LLC
  • Electronic Brokerage Systems, LLC
  • F
  • FCStone, LLC
  • First Clearing, LLC
  • First Southwest Company
  • G
  • Goldman, Sachs & Co.
  • Goldman Sachs Execution
      Clearing, L.P.
  • H
  • HSBC Securities (USA) Inc.
  • I
  • Industrial and Commercial Bank of
      China Financial Services LLC
  • ING Financial Markets LLC
  • Ingalls & Snyder LLC
    Instinet, LLC
  • Interactive Brokers LLC
  • ITG Inc.
  • J
  • J.J.B. Hilliard, W.L. Lyons, LLC
  • J.P. Morgan Clearing Corp.
  • J.P. Morgan Securities LLC
  • Janney Montgomery Scott LLC
  • Jefferies Bache, LLC
  • Jefferies LLC
  • Jump Trading, LLC
  • K
  • Knight Capital Americas LLC
  • L
  • Lakeshore Securities, L.P.
  • Lazard Capital Markets LLC
  • Lek Securities Corporation
    LiquidPoint, LLC
  • LPL Financial LLC
  • M
  • Maple Securities U.S.A. Inc.
  • Merrill Lynch, Pierce, Fenner &
      Smith Inc.
  • Merrill Lynch Professional
      Clearing Corp.
  • Mesirow Financial, Inc.
  • Mitsubishi UFJ Securities (USA), Inc.
  • Mizuho Securities USA Inc.
  • Morgan Stanley & Co. LLC
  • Morgan Stanley Smith Barney LLC
  • N
  • NASDAQ Options Services, LLC
  • National Financial Services LLC
  • Natixis Securities Americas LLC
  • NBCN Inc.*
  • Newedge USA, LLC
  • Nomura Securities International, Inc.
  • O
  • Octeg, LLC
  • Oppenheimer & Co. Inc.
  • optionsXpress, Inc.
  • P
  • Pershing LLC
  • Phillip Futures Inc.
  • Piper Jaffray & Co.
  • R
  • R.J. O'Brien & Associates, LLC
  • Raymond James & Associates, Inc.
  • RBC Capital Markets, LLC
  • RBC Dominion Securities Inc.*
  • RBS Securities Inc.
  • RCap Securities, Inc.
  • Robert W. Baird & Co. Incorporated
  • Rosenthal Collins Group, LLC
  • S
  • Sanford C. Bernstein & Co., LLC
  • Scotia Capital Inc.*
  • Scottrade, Inc.
  • SG Americas Securities, LLC
  • Southwest Securities, Inc.
  • Stephens Inc.
  • Stifel Nicolaus & Company
      Incorporated
  • StockCross Financial Services, Inc.
  • T
  • TD Ameritrade Clearing, Inc.
  • TD Waterhouse Canada Inc.*
  • Timber Hill LLC
  • TradeStation Securities, Inc.
  • U
  • UBS Financial Services Inc.
  • UBS Securities LLC
  • USAA Investment Management
      Company
  • V
  • Vanguard Marketing Corporation
  • Virtu Financial BD LLC
  • Virtu Financial Capital Markets LLC
  • Vision Financial Markets LLC
  • W
  • Wedbush Securities Inc.
  • Wells Fargo Advisors, LLC
  • Wells Fargo Securities, LLC
  • William Blair & Company, L.L.C.
  • Wolverine Execution Services, LLC
  • X
  • X-Change Financial Access, LLC
  • Z
  • Ziv Investment Company

  • * Non-U.S. Clearing Member

Banks and Depository

as of December 31, 2013
  • CLEARING BANKS
  • Bank of America, National Association
  • Bank of Montreal
  • Bank of New York Mellon
  • BMO Harris Bank, National Association
  • Brown Brothers Harriman and Co.
  • Citibank, N.A.
  • JPMorgan Chase Bank, National Association
  • PNC Bank, National Association
  • U.S. Bank National Association
  • APPROVED DEPOSITORY
  • The Depository Trust Company
  • LETTER OF CREDIT BANKS
    (U.S. Institutions)
  • Bank of America, National Association
  • Bank of New York Mellon
  • BMO Harris Bank, National Association
  • Citibank, N.A.
  • Comerica Bank
  • Commerce Bank
  • Deutsche Bank Trust Company Americas
  • HSBC Bank USA, National Association
  • JPMorgan Chase Bank, National Association
  • Northern Trust Company
  • PNC Bank, National Association
  • State Street Bank and Trust Company
  • U.S. Bank National Association
  • Union Bank, National Association
  • Wells Fargo Bank, National Association
  • LETTER OF CREDIT BANKS
    (Non-U.S. Institutions)
  • ABN AMRO Bank NV
  • Australia and New Zealand Banking Group Limited
  • Bank of Montreal
  • Credit Suisse AG
  • Deutsche Bank AG
  • DNB Bank ASA
  • Landesbank Hessen-Thüringen Girozentrale
  • Lloyds Bank Plc
  • National Australia Bank Limited
  • Royal Bank of Canada
  • Standard Chartered Plc
  • Svenska Handelsbanken AB
  • Unicredit Bank AG
  • CUSTODIAN BANKS
  • Bank of America, National Association
  • Bank of New York Mellon
  • BMO Harris Bank, National Association
  • Citibank, N.A.
  • Comerica Bank
  • Fifth Third Bank
  • JPMorgan Chase Bank, National Association
  • KeyBank National Association
  • Northern Trust Company
  • PNC Bank, National Association
  • State Street Bank and Trust Company
  • SunTrust Bank
  • U.S. Bank National Association
  • Union Bank, National Association
  • Wells Fargo Bank, National Association