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, securities lending transactions and over-the-counter equity options.

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
  • ISE Gemini, LLC
  • New York, NY
  • Miami International Securities Exchange, LLC
  • Princeton, NJ
  • Boston, MA
  • Philadelphia, PA
  • The NASDAQ Stock Market LLC
  • New York, NY
  • NYSE Arca, Inc.
  • Chicago, IL
  • 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
* In 2014, OCC provided counterparty and clearing services for certain NYSE Liffe US LLC futures contracts through June 27, 2014. The clearing of those futures contracts was transferred from OCC to another derivatives clearing organization by NYSE Liffe US LLC effective on June 30, 2014.

Clearing Members
as of December 31, 2014

  • 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.
  • 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.
  • Commerz Markets LLC
  • Compass Professional Services, LLC
  • ConvergEx Execution Solutions LLC
  • COR Clearing LLC
  • Cowen Equity Finance LP
  • Credit Suisse Securities (USA) LLC
  • CSS, LLC
  • D
  • Daiwa Capital Markets America Inc.
  • Dash Financial LLC
  • Deutsche Bank Securities Inc.
  • DST Market Services, LLC
  • E
  • E D & F Man Capital Markets Inc.
  • E*TRADE Clearing 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
  • ICAP Corporates LLC
  • Industrial and Commercial Bank of
      China Financial Services LLC
  • ING Financial Markets LLC
  • Ingalls & Snyder LLC
    Instinet, LLC
  • Interactive Brokers LLC
  • Itau BBA USA Securities, Inc.
  • 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 LLC
  • Jump Trading, LLC
  • K
  • KCG Americas LLC
  • L
  • Lakeshore Securities, L.P.
  • Lek Securities Corporation
  • LPL Financial LLC
  • M
  • Maple Securities U.S.A. Inc.
  • Merrill Lynch, Pierce, Fenner &
      Smith Inc.
  • Merrill Lynch Professional
      Clearing Corp.
  • Mitsubishi UFJ Securities (USA), Inc.
  • Mizuho Securities USA Inc.
  • Morgan Stanley & Co. LLC
  • Morgan Stanley Smith Barney LLC
  • N
  • NASDAQ Execution Services, LLC
  • National Financial Services LLC
  • Natixis Securities Americas LLC
  • NBCN Inc.*
  • Newedge USA, LLC
  • Nomura Securities International, Inc.
  • O
  • Oppenheimer & Co. Inc.
  • optionsXpress, Inc.
  • P
  • Pershing LLC
  • Phillip Capital 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.
  • Robert W. Baird & Co. Incorporated
  • Rosenthal Collins Group, LLC
  • S
  • Sanford C. Bernstein & Co., LLC
  • Scotia Capital Inc.*
  • Scotia Capital (USA) Inc.
  • Scottrade, Inc.
  • SG Americas Securities, LLC
  • Southwest Securities, Inc.
  • Stephens Inc.
  • Stifel Nicolaus & Company
  • StockCross Financial Services, Inc.
  • T
  • TD Ameritrade Clearing, Inc.
  • TD Securities (USA) LLC
  • TD Waterhouse Canada Inc.*
  • Timber Hill LLC
  • TradeStation Securities, Inc.
  • U
  • UBS Financial Services Inc.
  • UBS Securities LLC
  • 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, 2014

  • Bank of America, National Association
  • Bank of Montreal
  • Bank of New York Mellon
  • BMO Harris Bank, National
  • Brown Brothers Harriman and Co.
  • Citibank, N.A.
  • JPMorgan Chase Bank, National
  • PNC Bank, National Association
  • U.S. Bank National Association
  • The Depository Trust Company
    (U.S. Institutions)
  • Bank of America, National Association
  • Bank of New York Mellon
  • BMO Harris Bank, National
  • Citibank, N.A.
  • JPMorgan Chase Bank, National
  • PNC Bank, National Association
  • U.S. Bank National Association
  • Wells Fargo Bank, National
    (Non-U.S. Institutions)
  • Australia and New Zealand Banking
      Group Limited
  • Deutsche Bank AG
  • Landesbank Hessen-Thüringen
  • National Australia Bank Limited
  • Royal Bank of Canada
  • Unicredit Bank AG
  • Bank of America, National Association
  • Bank of New York Mellon
  • BMO Harris Bank, National
  • Citibank, N.A.
  • Comerica Bank
  • Fifth Third Bank
  • JPMorgan Chase Bank, National
  • 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
  • Bank of New York Mellon
  • BMO Harris Bank, National
  • JPMorgan Chase Bank, National
  • Bank of Montreal