Options Clearing Corporation

The Options Clearing Corporation (OCC), founded in 1973, is the world's largest derivatives clearing organization. The OCC is dedicated to promoting stability and financial integrity in the marketplaces that it serves by focusing on sound risk management principles.

OCC operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC). Under its SEC jurisdiction, OCC clears transactions for put and call options on common stocks and other equity issues, stock indexes, foreign currencies, interest rate composites and single-stock futures. (from www.optionsclearing.com)