Explore
Close

Schedule of Fees

Clearing Member

Clearing

Clearing Fees
Trades with contracts of 0-2,750 $0.02/contract
Trades with contracts of greater than 2,750 $55.00/trade
Linkage per side $0.02

*A Linkage Transaction that includes more than 2,750 contracts will be charged a flat fee of $55.00 per trade per side.
 
Minimum Monthly Clearing Fee $200.00
New Products  
Unless otherwise agreed to by OCC and the applicable exchange, from the first day of listing through the end of the following calendar month $0.00
Exercise Fee — per line item on exercise notice $1.00
Membership
New Clearing Member Qualification Fee $4,000.00
Stock and Market Loan Program Transaction Fees
Per transaction assessed against each lender and borrower $1.00
Stock and Market Loan Program Borrower Fees
Monthly annualized charge on average daily notional outstanding balance 0.4 basis point
Stamps
Clearing Member Authorization Stamp $23.00/stamp

Ancillary Services

Per Month
TIER I $1,500.00
ENCORE Access • MyOCC Access • Data Service - proprietary position and trade data (includes transmission to service bureau) • Report Bundle • Series File • Special Settlement File • Open Interest File • Prices File • Stock Loan File • Theoretical Profit and Loss Values • Leased line charges are additional  
TIER II $1,000.00
ENCORE Access • MyOCC Access • Data Service - proprietary position and trade data (includes transmission to service bureau) • Report Bundle • Leased line charges are additional  
TIER III $650.00
ENCORE Access • MyOCC Access
TIER IV (Stock Loan only) $300.00
ENCORE Access • MyOCC Access
Additional Clearing Member No Charge
Leased Line Service Destinations Per month, per line
Midwest $1,000.00
East Coast $1,500.00
West Coast $2,000.00

Cash Management Fee

Monthly annualized charge on Clearing Member's average daily cash balance in OCC's Federal Reserve bank account. 5 basis points

Operational Loss Fee

Maximum Operational Loss Fee** $157,000,000.00 less the aggregate amount of Operational Loss Fees previously charged and not refunded as of the date calculated, divided by the number of Clearing Members at the time charged.
** OCC would charge the Operational Loss Fee if OCC's shareholders' equity less the Minimum Corporate Contribution  falls below $241,200,000.00 at any time or falls below $268,000,000.00 for a period of 90 consecutive calendar days. If less than the maximum Operational Loss Fee is needed to return OCC's shareholders' equity to $294,800,000.00, OCC will charge only that amount.

OCC Capital Management Reporting

Unaudited as of June 30, 2022

Q2 2022
in millions Act Bgt B(W)
Total Revenue Before Expenses  $224.0 $206.1 $17.9
Average Daily Contract Volume 41.2 35.0 6.2
Liquid Net Assets Funded by Equity 1 $428.3 $294.8 $133.5
1 Liquid Net Assets Funded by Equity represents cash and cash equivalents, less any approved adjustments.
 
Total Equity $544
Early Warning $294
Target Capital $268
Trigger Event $241

Clearing Member & Non-Clearing Member

Publications
Disclosure Documents $0.45
OCC/ICC By-Laws and Rules Updates can be obtained on a subscription basis for $47.00 per year.

Non-Clearing Member

Series Information Per Month
Non-Distribution $1,750.00
Distribution $3,000.00
Real Time Data (in addition to fees listed above) $250.00
Prices Information $3,000.00
Theoretical Profit and Loss Values $1,000.00

. As of  January 2022. ALL FEES ARE SUBJECT TO CHANGE.
For further information, contact Member Services at 1-800-621-6072.

 

Your acceptance of all cookies will permit robust site functionality. If you don't allow cookies, some features and functionality of OCC's site may not operate as expected. If you do not choose either cookie setting for our site, or if you close this window, this message will continue to display on each page you visit. Cookie settings can be controlled in your Internet browser to automatically reject some forms of cookies. For more details on cookies this site uses, see our OCC Site Cookies page. In addition to using cookies, we retain other information, including your Internet Protocol (IP) address, for the purposes listed in the Privacy Policy. Do not accept analytic cookies Accept analytic cookies