2019 Annual Report

OCC is the foundation for secure markets.

Founded in 1973, OCC is the largest clearing organization in the world for equity derivatives. Operating under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC), OCC issues  and clears U.S.-listed options and futures on a number of underlying financial assets including common stocks and stock indexes.OCC’s clearing membership consists of approximately 100 of the largest U.S. broker-dealers, U.S. futures commission merchants and non-U.S. securities firms representing both professional traders and public customers. The stockholder exchanges share equal ownership of OCC. This ownership, along with a significant clearing member and public director presence on the Board of Directors, ensures a continuing commitment to servicing the needs of OCC’s participant exchanges, clearing members and their customers. OCC provides clearing services for options, financial and commodity futures, security futures, securities lending transactions and over-the-counter index options.

 

 

This Annual Report is issued solely for the purpose of providing information to stockholders, clearing members and other interested persons. It is not a representation, prospectus, or circular with respect to any option or other security issued by The Options Clearing Corporation. Further, this Annual Report is not transmitted in connection with a sale of or offer to sell, or purchase of or offer to purchase, any security or other interest issued or hereafter to be issued by The Options Clearing Corporation.

 

Participant Exchanges

  • BOX Options Exchange LLC
    Boston, MA
  • Cboe Exchange Inc.
    Chicago, IL
  • Cboe BZX Options Exchange
    Lenexa, KS
  • Cboe C2 Exchange Inc.
    Chicago, IL
  • Cboe EDGX Options Exchange
    Lenexa, KS
  • MIAX Emerald LLC
    Princeton, NJ
  • MIAX Options Exchange
    Princeton, NJ
  • MIAX PEARL, LLC
    Princeton, NJ
  • Nasdaq BX Options
    Philadelphia, PA
  • Nasdaq GEMX
    Philadelphia, PA
  • Nasdaq ISE
    Philadelphia, PA
  • Nasdaq MRX
    Philadelphia, PA
  • Nasdaq Options Market
    Philadelphia, PA
  • Nasdaq PHLX LLC
    Philadelphia, PA
  • NYSE American Options
    New York, NY
  • NYSE Arca Options
    San Franciso, CA

Futures Markets

  • Cboe Futures Exchange LLC
    Chicago, IL
  • Nasdaq Futures Inc.
    Philadelphia, PA
  • OneChicago LLC
    Chicago, IL
  • Alternate Trading Systems
    (Securities Lending)
  • Automated Equity Finance Markets Inc.
    New York, NY
Clearing Members
as of December 31, 2019
  • A
    • ABN AMRO Clearing Chicago LLC
    • ADM Investor Services, Inc.
    • Advantage Futures LLC
    • American Enterprise Investment Services, Inc.
    • Amherst Pierpont Securities LLC
    • Apex Clearing Corporation
    • Archipelago Securities, L.L.C.
    • Axos Clearing LLC
  • B
    • B. Riley FBR Inc.
    • Barclays Capital Inc.
    • BB&T Securities, LLC
    • BBS Securities Inc.
    • BMO Capital Markets Corp.
    • BMO Nesbitt Burns, Inc.
    • BNP Paribas Securities Corp.
    • BofA Securities, Inc.
    • Broadridge Business Process Outsourcing, LLC
  • C
    • Canaccord Genuity Corp.
    • Cantor Fitzgerald & Co.
    • CF Secured, LLC
    • Charles Schwab & Co., Inc.
    • CIBC World Markets Corp.
    • CIBC World Markets Inc.
    • Citadel Clearing LLC
    • Citadel Securities LLC
    • Citigroup Global Markets Inc.
    • Clear Street LLC
    • Cowen Execution Services LLC
    • Credit Suisse Securities (USA) LLC
    • Curvature Securities LLC
  • D
    • Daiwa Capital Markets America Inc.
    • Dash Financial Technologies LLC
    • Davenport & Company LLC
    • Deutsche Bank Securities Inc.
  • E
    • E D & F Man Capital Markets Inc.
    • E*TRADE Securities LLC
    • Electronic Transaction Clearing, Inc.
  • G
    • Goldman Sachs & Co. LLC
  • H
    • Hilltop Securities Inc.
    • HSBC Securities (USA) Inc.
  • I
    • ICAP Corporates LLC
    • Industrial and Commercial Bank of China Financial Services LLC
    • ING Financial Markets LLC
    • Ingalls & Snyder LLC
    • Instinet, LLC
    • Interactive Brokers LLC
    • INTL FCStone Financial Inc.
  • J
    • J.P. Morgan Securities LLC
    • Janney Montgomery Scott LLC
    • Jefferies LLC
    • Jump Trading, LLC
  • L
    • Lakeshore Securities, L.P.
    • Lek Securities Corporation
    • LPL Financial LLC
  • M
    • Merrill Lynch Professional Clearing Corp.
    • Merrill Lynch, Pierce, Fenner & Smith Inc.
    • Mirae Asset Securities (USA), Inc.
    • Mizuho Securities USA LLC
    • Morgan Stanley & Co. LLC
    • Morgan Stanley Smith Barney LLC
    • MUFG Securities Americas Inc.
  • N
    • Nasdaq Execution Services, LLC
    • National Bank Financial Inc.
    • National Bank of Canada Financial Inc.
    • National Financial Services LLC
    • Natixis Securities Americas LLC
    • NatWest Markets Securities Inc.
    • Nomura Securities International, Inc
  • O
    • Oppenheimer & Co. Inc.
  • P
    • Pershing LLC
    • Phillip Capital Inc.
  • Q
    • Questrade Inc.
  • R
    • R.J. O’Brien & Associates, LLC
    • Raymond James & Associates, Inc.
    • RBC Capital Markets, LLC
    • RBC Dominion Securities Inc.
    • Robert W. Baird & Co. Incorporated
    • Robinhood Securities, LLC
  • S
    • Safra Securities LLC
    • Sanford C. Bernstein & Co., LLC
    • Scotia Capital (USA) Inc.
    • Scotia Capital Inc.
    • SG Americas Securities, LLC
    • Stifel, Nicolaus & Company, Incorporated
    • StockCross Financial Services, Inc.
    • Straits Financial LLC
  • T
    • TD Ameritrade Clearing, Inc.
    • TD Prime Services LLC
    • TD Waterhouse Canada Inc.
    • Timber Hill LLC
    • TradeStation Securities, Inc.
    • Tradition Securities and Derivatives Inc.
  • U
    • UBS Financial Services Inc.
    • UBS Securities LLC
  • V
    • Vanguard Marketing Corporation
    • Virtu Americas LLC
    • Virtu ITG, LLC
    • Vision Financial Markets LLC
    • Volant Execution, LLC
  • W
    • Wedbush Securities Inc.
    • Wells Fargo Clearing Services, LLC
    • Wells Fargo Securities, LLC
    • Wolverine Execution Services, LLC
  • X
    • X-Change Financial Access, LLC
  • Z
    • Ziv Investment Company

Banks and Depository
as of December 31, 2019

  • CLEARING BANKS
    • Bank of America, National Association
    • Bank of Montreal
    • Bank of New York Mellon
    • BMO Harris Bank, National Association
    • Brown Brothers Harriman and Co.
    • Citibank, N.A.
    • JPMorgan Chase Bank, National Association
    • U.S. Bank National Association
  • APPROVED DEPOSITORY
    • The Depository Trust Company
  • LETTER OF CREDIT BANKS
    (U.S. Institutions)
    • Bank of America, National Association
    • Bank of New York Mellon
    • BMO Harris Bank, National Association
    • HSBC Bank USA, National Association
    • PNC Bank, National Association
    • U.S. Bank National Association
    • Wells Fargo Bank, National Association
  • (non-U.S. Institutions)
    • Australia and New Zealand Banking Group Limited
    • National Australia Bank Limited
  • ESCROW DEPOSIT BANKS
    • Bank of America, National Association
    • Bank of New York Mellon
    • BMO Harris Bank, National Association
    • Citibank, National Association
    • Fifth Third Bank
    • JPMorgan Chase Bank, National Association
    • MUFG Union Bank, National Association
    • Northern Trust Company
    • PNC Bank, National Association
    • State Street Bank and Trust Company
    • U.S. Bank National Association
    • UMB Bank, National Association
    • Wells Fargo Bank, National Association
  • GOVERNMENT SECURITY BANKS
    (U.S. Institutions)
    • Bank of New York Mellon
    • BMO Harris Bank, National Association
    • MUFG Union Bank, National Association
    • U.S. Bank National Association
    • (Non-U.S. Institutions)
    • Bank of Montreal
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