OCC leverages its partnership with the Securities Industry and Financial Markets Association (SIFMA) to produce a powerful message that promotes resilient markets. The two organizations work to protect the integrity of the listed options market and provide a strong, vibrant future for the U.S. capital markets. OCC, which is dedicated to promoting stability and financial integrity, has been a receptive partner to many of SIFMA's initiatives.
CalPERS and OCC’s relationship is innovative in nature and shapes what can be done in future business dealings. In 2015, OCC established a first-of-its-kind pre-funded, $1 billion committed repurchase facility with CalPERS, the largest public pension fund in the U.S. The agreement allows CalPERS to invest a large sum of money with a strong counterparty, and it enables OCC to diversify its committed lenders and provide a source of timely access to liquidity.
Promoting operational excellence is at the core of OCC’s mission. OCC maintains a safe and sound central counterparty for the options industry as the foundation for secure markets. The financial guarantee that OCC provides its users instills confidence that the financial markets can perform under any market circumstance and that any transactions they have will clear and settle properly.