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OCC Named Best Clearing House by Markets Media for Second Consecutive Year

CHICAGO (April 29, 2019) – OCC, the world's largest equity derivatives clearing organization, announced today that it was named Best Clearing House by Markets Media for the second consecutive year. The award was presented on April 25 in New York as part of the publication's 6th Annual Markets Choice Awards.

"This is a great honor, as it shows our industry peers continue to recognize the crucial role OCC plays in providing resiliency and stability to the financial markets," said John Davidson, OCC Chief Executive Officer. "I would like to thank Markets Media for this distinction. I would also like to thank my OCC colleagues, as their commitment to enabling a stable tomorrow is inspiring. This award is a tribute to their hard work to serve the users of our markets."

The Markets Choice Awards (MCA) encompass important sectors of institutional trading and technology within the financial markets. Specifically, the MCA focuses on buy-side traders, sell-side execution desks, exchanges and platforms, incumbent technology providers and emerging fintech firms. Winners are determined through editorial interviews with leaders in financial markets, consultation with the MCA Advisory Board, and online polling results of the shortlist nominees.

About OCC

OCC is the world's largest equity derivatives clearing organization and the foundation for secure markets. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2019 Best Clearing House by Markets Media, and 2018 Clearing House of the Year — The Americas by FOW, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com.