OCC Welcomes the Small Exchange

June 01, 2020
Chicago -

OCC, the world's largest equity derivatives clearing organization, today congratulated the Small Exchange on its successful launch. With this newest addition, OCC now provides central counterparty clearing and settlement services to 21 exchanges and trading platforms for options, security futures, financial and commodity futures, and securities lending transactions.

"As the U.S. exchange-traded derivatives industry continues to expand, we are pleased to welcome the Small Exchange as a participant exchange," said OCC Chief Executive Officer John Davidson. "In that role, the Small Exchange will be afforded the full range of clearing and risk management services available to all of our other participating exchanges."

Chief Operating Officer Scot Warren added, "As a Systemically Important Financial Market Utility, we look forward to working with the Small Exchange and promoting operational excellence and innovation to support the continued growth of exchange-traded options and futures in the U.S."


About the Small Exchange - Based in Chicago, the Small Exchange is backed by award-winning industry innovators and powered by a proprietary matching engine. The company facilitates trading for all types of market participants, and its initial product offering consists of cash-settled futures contracts based on proprietary indices in equities, metals, and foreign exchange. Products are smaller in notional size and have a corresponding margin requirement, with standardized expirations and tick sizes that facilitate ease of use for retail customers.

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