Options Clearing Corporation (OCC) Welcome the Small Exchange, Reports Business Wire
Jun 2, 2020
By Business Wire
"OCC, the world's largest equity derivatives clearing organization, today congratulated the Small Exchange on its successful launch. With this newest addition, OCC now provides central counterparty clearing and settlement services to 21 exchanges and trading platforms for options, security futures, financial and commodity futures, and securities lending transactions" reports Business Wire.
"As the U.S. exchange-traded derivatives industry continues to expand, we are pleased to welcome the Small Exchange as a participant exchange,” said OCC Chief Executive Officer John Davidson. “In that role, the Small Exchange will be afforded the full range of clearing and risk management services available to all of our other participating exchanges.”
The Small Exchange is making futures markets more accessible to more people with small, standard, and simple products that combine the best of futures and stocks.
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