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2009 Press Releases

Chicago, December 21, 2009
OCC Announces Three Officer Promotions
In a year when the importance of effective risk management and efficient operations was unequivocal, OCC today announced the promotions of three officers in these critical areas.

Chicago, November 19, 2009
OCC Announces November Test Results Show Increasing OSI Readiness
OCC announced today that the second round of testing for the Options Symbology Initiative (OSI) concluded successfully and the industry is on track with preparations for next year's changes.

Chicago, November 16, 2009
OCC Launches Redesigned Website
OCC announced today its web site,, has been redesigned and updated with an innovative and original design, improved navigation, robust content, and expanded reports to meet the needs of investors, market participants and the 13 exchanges and platforms for options, futures and securities lending transactions OCC serves.

Chicago, October 16, 2009
OCC Applauds The SEC, CFTC Recommendations On Harmonization Of Regulation
OCC released the following statement from Michael E. Cahill, OCC President and Chief Operating Officer, regarding the release of the Joint Report of the SEC and the CFTC on Harmonization of Regulation.

Chicago, October 8, 2009
OCC Board Of Directors Welcomes Three New Members
OCC announced today the elections of Andrew D. Kolinsky, President of Citadel Execution Services; Philip A. Pendergraft, Chief Executive Officer at Penson Worldwide, Inc. and Tom Stern, CEO of optionsXpress International, to the OCC Board of Directors.

Chicago, October 6, 2009
OCC And CME Group Mark 20 Years Of Cross-Margining Partnership
OCC and CME Group today commemorate the 20th anniversary of their highly successful cross-margining partnership that has brought greater efficiency and flexibility to the marketplace.

Chicago, September 21, 2009
OCC Announces Successful Symbology Beta Test
OCC is pleased to announce voluntary beta testing for the Options Symbology Initiative (OSI) has concluded with successful results.

Chicago, September 2, 2009
Statement of Mr. Wayne Luthringshausen
Chairman and Chief Executive Officer The Options Clearing Corporation before the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Joint Meeting on Regulation Harmonization

Chicago, March 10, 2009
OCC Announces Highest Clearing Refund Ever For 2008
OCC announced today that its Board of Directors recently approved a record refund of $64,651,112 to Clearing Members for the year ended Dec. 31, 2008.

Chicago, February 17, 2009
OCC Honored With Most Effective IT Team Award By AITP
OCC announced today that it was honored with the "Most Effective IT Team" Award by The Association of Information Technologies Professionals (AITP) Chicago, Chapter.

Chicago, January 7, 2009
OCC Formalizes Agreement With Quadriserv To Launch Centralized Securities Lending Marketplace
OCC announced today that it has reached an agreement with Quadriserv, Inc. to combine their efforts to provide transparency and efficiency to the securities lending industry.