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 U.S. Securities and Exchange Commission (SEC) and the U.S. 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 and stock indexes. OCC’s clearing membership consists of approximately 100 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 and public director 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 index options.

Participant Exchanges
  • BOX Options Exchange LLC
    Boston, MA
  • Cboe Exchange, Inc.
    Chicago, IL
  • Cboe BZX Options Exchange
    Lenexa, KS
  • Cboe C2 Exchange, Inc.
    Chicago, IL
  • Cboe EDGX Options Exchange
    Lenexa, KS
  • MIAX Options Exchange
    Princeton, NJ
  • MIAX PEARL, LLC
    Princeton, NJ
  • Nasdaq BX Options
    Philadelphia, PA
  • Nasdaq GEMX
    Philadelphia, PA
  • Nasdaq ISE
    Philadelphia, PA
  • Nasdaq MRX
    Philadelphia, PA
  • Nasdaq Options Market
    Philadelphia, PA
  • Nasdaq PHLX LLC
    Philadelphia, PA
  • NYSE American Options
    New York, NY
  • NYSE Arca Options
    Chicago, IL
  • Futures Markets
  • Cboe Futures Exchange, LLC
    Chicago, IL
  • Nasdaq Futures, Inc.
    Philadelphia, PA
  • OneChicago, LLC
    Chicago, IL
  • Alternate Trading Systems
  • (Securities Lending)
  • Automated Equity Finance Markets, Inc.
    New York, NY
  • Clearing Members
    as of December 31, 2018
    A
    ABN AMRO Clearing Chicago LLC
    ABN AMRO Securities (USA) LLC
    ADM Investor Services, Inc.
    Advantage Futures LLC
    American Enterprise Investment Services, Inc.
    Amherst Pierpont Securities LLC
    Apex Clearing Corporation
    Archipelago Securities, L.L.C.
    B
    Barclays Capital Inc.
    BB&T Securities, LLC
    BBS Securities Inc.
    BMO Capital Markets Corp.
    BMO Nesbitt Burns, Inc.
    BNP Paribas Securities Corp.
    Broadridge Business Process Outsourcing, LLC
    C
    C.L. King & Associates, Inc.
    Canaccord Genuity Corp.
    Cantor Fitzgerald & Co.
    CF Secured, LLC
    Charles Schwab & Co., Inc.
    CIBC World Markets Corp.
    CIBC World Markets Inc.
    Citadel Clearing LLC
    Citadel Securities LLC
    Citi Order Routing and Execution, LLC
    Citigroup Global Markets Inc.
    COR Clearing LLC
    Cowen Execution Services LLC
    Credit Suisse Securities (USA) LLC
    D
    Daiwa Capital Markets America Inc.
    Dash Financial Technologies LLC
    Davenport & Company LLC
    Deutsche Bank Securities Inc.
    E
    E D & F Man Capital Markets Inc.
    E*TRADE Securities LLC
    G
    Goldman Sachs & Co. LLC
    H
    Hilltop Securities Inc.
    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
    INTL FCStone Financial Inc.
    ITG Inc.
    J
    J.P. Morgan Securities LLC
    Janney Montgomery Scott LLC
    Jefferies LLC
    Jump Trading, LLC
    L
    Lakeshore Securities, L.P.
    Lek Securities Corporation
    LPL Financial LLC
    M
    Merrill Lynch Professional Clearing Corp.
    Merrill Lynch, Pierce, Fenner & Smith Inc.
    Mirae Asset Securities (USA), Inc.
    Mizuho Securities USA LLC
    Morgan Stanley & Co. LLC
    Morgan Stanley Smith Barney LLC
    MUFG Securities Americas Inc.
    N
    Nasdaq Execution Services, LLC
    National Bank Financial Inc.
    National Bank of Canada Financial Inc.
    National Financial Services LLC
    Natixis Securities Americas LLC
    NatWest Markets Securities Inc.
    Nomura Securities International, Inc
    O
    Oppenheimer & Co. Inc.
    P
    Pershing LLC
    Phillip Capital Inc.
    Q
    Questrade Inc.
    R
    R.J. O’Brien & Associates, LLC
    Raymond James & Associates, Inc.
    RBC Capital Markets, LLC
    RBC Dominion Securities Inc.
    Robert W. Baird & Co. Incorporated
    Robinhood Securities, LLC
    S
    Safra Securities LLC
    Sanford C. Bernstein & Co., LLC
    Scotia Capital (USA) Inc.
    Scotia Capital Inc.
    SG Americas Securities, LLC
    Stephens Inc.
    Stifel, Nicolaus & Company, Incorporated
    StockCross Financial Services, Inc.
    Straits Financial LLC
    T
    TD Ameritrade Clearing, Inc.
    TD Prime Services LLC
    TD Waterhouse Canada Inc.
    Timber Hill LLC
    TradeStation Securities, Inc.
    Tradition Securities and Derivatives Inc.
    U
    UBS Financial Services Inc.
    UBS Securities LLC
    V
    Vanguard Marketing Corporation
    Virtu Americas LLC
    Virtu Financial BD LLC
    Vision Financial Markets LLC
    Volant Execution, LLC
    W
    Wedbush Securities Inc.
    Wells Fargo Clearing Services, LLC
    Wells Fargo Securities, LLC
    Wolverine Execution Services, LLC
    X
    X-Change Financial Access, LLC
    Z
    Ziv Investment Company
    Banks and Depository
    as of December 31, 2018
    Clearing Banks
    Bank of America
    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
    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
    JPMorgan Chase Bank, National
    Association
    PNC Bank, National Association
    U.S. Bank National Association
    Wells Fargo Bank, National Association
    (non-U.S. Institutions)
    Australia and New Zealand Banking
    Group Limited
    National Australia Bank Limited
    Escrow Deposit Banks
    Bank of America, National Association
    Bank of New York Mellon
    BMO Harris Bank, National Association
    Citibank, N.A.
    Fifth Third Bank
    JPMorgan Chase Bank, National
    Association
    MUFG Union Bank, National Association
    Northern Trust Company
    PNC Bank, National Association
    State Street Bank and Trust Company
    U.S. Bank National Association
    UMB Bank, National Association
    Wells Fargo Bank, National Association
    Government Security Banks
    (U.S. Institutions)
    Bank of New York Mellon
    BMO Harris Bank, National Association
    MUFG Union Bank, National Association
    U.S. Bank National Association
    (Non-U.S. Institutions)
    Bank of Montreal