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OCC Board Of Directors Welcomes Three New Members

CHICAGO (May 8, 2013) - OCC announced today that Felix B. Davidson, Raymond J. Di Sanza and Craig C. Messinger were elected to its Board of Directors.

Mr. Davidson is President, TD Ameritrade Clearing, Inc. and Managing Director of Operations where he oversees all clearing operation functions for TD Ameritrade including the company’s clearing broker dealer.

Mr. Di Sanza is Senior Vice President of Operational Services for Charles Schwab & Co., Inc and leads the Custody & Asset Servicing group in Operational Services, which is responsible for the safe custody and servicing of client assets held by Charles Schwab on behalf of its clients.

Mr. Messinger is Executive Vice President and Head of Trading and Trading Risk at The Bank of New York Mellon. In this role, he oversees trading and risk for foreign exchange, derivatives, fixed income and equities. Mr. Messinger is also a member of the Executive Committee for Global Markets and the Operating Committee of BNY Mellon.

"It is a pleasure to welcome these distinguished, new members to OCC's Board of Directors. Their combined background and experience in the derivatives industry will further complement our board," said Wayne Luthringshausen, OCC Chairman and Chief Executive Officer.

About OCC

OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) as a Registered Clearing Agency and the Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. OCC now provides central counterparty (CCP) clearing and settlement services to 17 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions. More information about OCC is available at