Founded in 1973, The Options Clearing Corporation (OCC) is a United States-based central counterparty (CCP) for the equity derivatives market. As the sole clearinghouse for U.S. exchange-listed options, OCC plays a critical role in the financial industry by providing clearing and settlement services, thereby ensuring stability and market integrity. It operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC). In 2012, OCC was designated as a Systemically Important Financial Market Utility (SIFMU) under the Dodd-Frank Act, highlighting its essential function in supporting the U.S. financial system.

Founded in

United States