OCC meaning in Stock Exchange ?

Answer:

What is Options Clearing Corporation mean?

Options Clearing Corporation (OCC) is a United States clearing house based in Chicago. It specializes in equity derivatives clearing, providing central counterparty (CCP) clearing and settlement services to 16 exchanges. Started by Wayne Luthringshausen and carried on by Michael Cahill, trust in the company was built. Instruments include options, financial and commodity futures, security futures and securities lending transactions.

Like all clearing houses, the OCC acts as guarantor between clearing parties, ensuring that the obligations of the contracts it clears are fulfilled. It currently holds approximately $100 billion of collateral deposited by clearing members and moves billions of dollars a day. In 2016, cleared contract volume totaled 4.17 billion making it the fifth highest annual total in OCC's history.

As of 2011, OCC was the largest equity derivatives clearing organization in the United States and operates under the jurisdiction of both the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Under its SEC jurisdiction, OCC clears transactions for put and call options on common stock and other equity issues, stock indexes, foreign currencies, interest rate composites and single-stock futures. As a registered Derivatives Clearing Organization (DCO) under CFTC jurisdiction and a designated Systemically Important Financial Market Utility (SIFMU) under the Dodd-Frank Act, OCC offers clearing and settlement services for transactions in futures and options on futures contracts. OCC, in conjunction with the U.S. Option Exchanges, fund an educational organization called the Options Industry Council (OIC). OIC is dedicated to helping individual investors, financial advisers and institutions understand the benefits and risks of exchange-listed options.

OCC is overseen by a clearing member dominated board of directors and operates as a financial market utility, receiving most of its revenue from clearing fees charged to its members.

reference

Full Form	Category
Orange Coast College's	Academic & Science
Oral Communication Center	Academic & Science
Occurrence	Academic & Science
Office of The Comptroller of The Currency	Accounts and Finance
Other Charges and Credits	Accounts and Finance
Coca	Airport Code
Open Cash Credit	Banking
Outer Case Code	Business
O'okiep Copper Company	Business
Optical Cable Corporation	Business
Oklahoma Corporation Commission	Business
Ohno Continuous Casting	Business
Off Camber Crawler	Business
Old Corrugated Cardboard	Business
Orange County Choppers	Business
Old Corrugated Container	Business
organization of the Caribbean community	Business
Osteopathic Continuous Certification	Certifications
Ohio Cardinal Conference	Community
Overlake Christian Church	Community
Operation Christmas Child	Community
Orange County Canaanites	Community
Original Character Creation	Community
Oswaldtwisle Community Church	Community
Obligatory Cinema Content	Community
Office of Child Care	Community
Old Corrugated Containers	Community
Owensboro Community College	Community
Office of Community Care	Community
Overseas Committee Chair	Community
Ocean Cruising Club	Community
Obscure Canon Character	Computer Assembly Language
Occasionally Connected Computing	Computing
One Click Computer	Computing
Obligatory Classical Content	Computing
Optical Cable Code	Computing
Open Code Collection	Computing
Output Control Cell Counter	Computing
Originating Call Control	Computing
Overclockers Club	Computing
Oracle Compute Cloud	Computing
Oracle Commerce Cloud	Computing
Oracle Cloud at Customer	Computing
Open Cooperative Computing	Computing
Orange C Compiler	Computing
Open Cloud Computing	Computing
Occam.Fi	Cryptocurrency
Object Class Cardinality	Database Management
Object Component Control	Database Management
Off-campus College	Educational Institute
Orange Coast College	Educational Institute
Oakland Community College	Educational Institute
Onondaga Community College	Educational Institute
Ozark Christian College	Educational Institute
Owens Community College, Toledo, Ohio	Educational Institute
Ocean County College	Educational Institute
Olney Central College	Educational Institute
Open Circuit Characteristics	Electronics
Old Chrysler Corporation Auto Club	General
Octagon Car Club	General
Oldtimer and Cars Club	General
Opel Corsa Club	General
Opala Clube Catanduva	General
Osprey Custom Cars	General
Old Concept Cars	General
Operational Control Center	General
Oregon Convention Center	General
Operation Care and Comfort	General
Online Curriculum Centre	General
Output Circuit Check	General
Oblique Coherent Contrast	General
Old Classic Car	General
Obsessive Compulsive Cosmetics	General
Ozaukee Corvette Club	General
Off Camber Crawlers	General
Open Cloud Consortium	General
Ohio Corvette Club	General
Original Corvette Club	General
Ouachita Correctional Center	General
Okanagan Corvette Club	General
Okoboji Classic Cars	General
Opel Car Collection	General
Outside the Classroom Curriculum	General
Oxidation Catalytic Converter	General
Ottawa Citroen Club	General
Oldsmobile Club of Canada	General
Organic Cotton Coil	General
Oldsmobile Cutlass Coupes	General
Ohio Cobra Club	General
Old Celica Club	General
Outsiders Car Club	General
Oldtimer Classic Cars	General
Oldie Car Cover	General
Ontario Camaro Club	General
Open Charging Station Controller	General
On Command Connection	General
Old Car Club	General
Order of Chaos and Corruption	General
Over-the-Counter Choppers (generic false teeth)	General
Osiris Chess Club, Homewood, Alabama	General
Obsessive Complusive Cosmetics	General
Owl City Concert	General
Open Commons Consortium	General
Operation Control Center	General
OHNO Continuous Cast	General
Operating and Control Console	General
Open Characteristic Curve	General
Officer Course Code	General
Ohio Consumers Counsel	General
Olympic Corrections Center	General
Office of Consumer Counsel	General
Over Cutter Camera	General
OpenCitations Corpus	General
Optical Cross Connect	General
Object Class Code	Governmental
Counsellor to the Commissioner	Governmental
Organic Commodity Commission	Governmental
Officer's Candidate	Governmental
Omaha Cornbelt Council	Governmental
Occupational Character Class	Jobs
Odd Cross-correlation	Maths
Occasionally	Medical
Occiput	Medical
Occupation	Medical
Out of Character Chat	Messaging
Operations Computer Center	Military and Defence
Orange County Chapter	Regional
Ontario Chamber of Commerce	Regional
Object-oriented Compiler Construction	Softwares
Office of Contract Compliance	Space Science
Operations Control Center	Space Science
One City Challenge	Sports
Options Clearing Corporation	Stock Exchange
Online Credit Charging	Telecommunication
Optical Communication Channel	Telecommunication
Other Common Carrier	Telecommunication