OCC, the world's largest equity derivatives clearing organization, today announced the appointment of Meaghan Dugan, Head of Options at the New York Stock Exchange (NYSE), to its Board of Directors. Dugan brings more than 20 years of experience in listed options trading and market making.
“Meaghan brings extensive experience in listed options, market structure and electronic trading technologies,” said Craig Donohue, OCC Executive Chairman. “She is a valuable addition to OCC, and we are pleased to welcome her to our Board.”
In her current role with the NYSE, Dugan is responsible for oversight of the NYSE Amex Options and the NYSE Arca Options markets. She leads competitive strategy and development as well as managing the NYSE Options team’s business strategy, including commercial incentive programs and market structure initiatives.
Prior to joining the NYSE, Dugan spent 11 years at Bank of America, most recently as the Head of Product for US Electronic Options and Global Future Algorithms. Prior to that, Dugan worked for Morgan Stanley, originally in San Francisco as a Lead Market Maker in its Automated Market Making business then later in MSET, an Electronic Trading Team delivering trading algorithms and solutions to institutional and buy-side trading.
Dugan fills a vacancy left in July 2023.
OCC Public Relations
The Options Clearing Corporation (OCC) is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 19 exchanges and trading platforms. More information about OCC is available at www.theocc.com.