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Options Clearing announced it raised $740,000 in an amended filing

Mar 19, 20259 months ago

Amount Raised

$740,000

Round Type

seed

ChicagoFinancial Services

Company Information

Company

OPTIONS CLEARING CORP

Location

125 South Franklin Street

Chicago, Illinois, United States

About

The Options Clearing Corporation (OCC), named Risk Magazine’s 2022 Clearing House of the Year, is the world's largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures and securities lending transactions. As a Systemically Important Financial Market Utility (SIFMU), OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms.

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