OCC, the world's largest equity derivatives clearing organization, announced today it has won the 2016 Clearing House of the Year - The Americas from FOW Magazine. Presentation of the award took place on December 7 at the FOW International Award gala dinner in London, honoring achievements that have supported the advancement of the global derivatives industry.
"We are truly honored to receive this award as it recognizes OCC's efforts as a leading CCP and the foundation for secure markets," said Craig Donohue, OCC Executive Chairman and CEO. "It also reflects the hard work and dedication of the OCC team which is committed to promoting stability and market integrity through effective and efficient clearing, settlement and risk management services while serving market participants and the greater public interest as a leader in the exchange-listed options industry."
FOW was launched in 1982 and serves as a respected news and data outlet for the international futures and options industry.