Options Clearing Corporation
Budget
€10 — €0
EP Access
0
accredited persons
Staff
1
0.1 FTE
EU Grants
None
Mission & Goals
Founded in 1973, OCC is the world's largest clearing organization 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, currencies and stock indexes. OCC’s clearing membership consists of over 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. OCC provides clearing services for options, financial and commodity futures, and securities lending transactions. OCC primarily services clearing members established in the US, although it does also provide services to clearing members from Canada. The OCC is recognized in Europe as a Tier 1 third-country CCP.
EU Legislative Interests
Our priority topics remain: 1. EMIR 3 (Regulation (EU) 2024/2987) [including ESMA Final Report on AAR Regulatory Technical Standards, and the Participation Requirements RTS]. 2. European Regulation on CCP Recovery and Resolution and Level 2 ongoing implementation, RTSs and Guidance. 3. EU T+1 Settlement Cycle Proposal.
Communication Activities
In 2025, participated in public consultation on RTSs related to margin transparency requirements published by ESMA, both individually as well as through trade associations. Previously, participated in public consultation on EMIR 2.2 Level 2 RTSs and Guidance and CCPRRR Level 2 RTSs and Guidance through trade associations of which OCC is member.
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
OCC is a member of the following associations, networks and other bodies: - Future Industry Association (FIA) - International Swaps & Derivatives Association (ISDA) - Securities Industry and Financial Markets Association (SIFMA) - Financial Services Sector Coordinating Council (FSSCC) - World Federation of Exchanges (WFE) - CCP Global (CCPG) - Affiliate Member Consultative Committee (AMCC) of the International Organization of Securities Commission (IOSCO) - National Association of Corporate Directors
Organisation Members
https://www.theocc.com/company-information/member-directory
Commissioner Meetings
No recorded meetings with EU commissioners.