Exchange Currency

OCC

Options Clearing Corporation. The organization that handles clearing of the options trades for the various options exchanges and regulates the listing of new options. It is regulated by the Securities and Exchange Commission, and is owned jointly by the U.S. stock exchanges that trade options (American Stock Exchange, Chicago Board Options Exchange, Pacific Exchange, and Philadelphia Stock Exchange). The fact that all listed options are cleared through OCC means that all options are free of default risk, since the OCC guarantees all option contracts. Therefore, the buyer or a seller of an option only faces the credit risk of the OCC (which is minimal), not the credit risk of the counterparty. In order to manage risk, the OCC imposes margin requirements on all options brokers. The margin requirement depends on the particulars of each specific contract.

Related information about OCC:
  1. OCC: Home Page
    11/30/2012 OCC 2012-40, Notice of Comptroller of the Currency Fees for Year ... The OCC is informing all national banks, federal savings associations, and ...
     
  2. Orange Coast College
    About OCC · Academic Senate · Accreditation · College Facts · Communications & Marketing · Community Education · Directory · Employment · Events · Facilities ...
     
  3. Orange County Choppers
    Chopper Gallery; Chopper Builder; Current Inventory; Get A Quote. Services. Custom Paint; Custom Parts; Maintenance Services; Maintenance Tips. Inside OCC ...
     
  4. Onondaga Community College
    Onondaga Community College is a college of the State University of New York system. Onondaga County is the local sponsor.
     
  5. The Options Clearing Corporation (OCC)
    OCC is the world's largest equity derivatives clearing organization.
     
  6. Oakland Community College
    Oakland Community College, OCC, Oakland County, Michigan. ... Dec 6: The OCC Jazz Band Holiday Concert. • Dec 6: 26 Annual Wassail. • Dec 7: OCC's Got ...
     
  7. Obsessive Compulsive Cosmetics | Professional Cosmetics ...
    Obsessive Compulsive Cosmetics: Professional Cosmetics including High- Definition Airbrush Makeup, complete Airbrush Makeup Systems and Equipment, ...
     
  8. Oklahoma Corporation Commission Home Page
    Home page for the Oklahoma Corporation Commission.