Clearinghouses Are Critical To The Health And Stability Of Markets – This Is One Of The Largest

–News Direct–

By Johnny Rice, Benzinga

Mathew Cashman, Principal at Options Clearing Corp, was a panelist at Benzinga’s 9th Annual Fintech Deal Day & Awards.

Options Clearing Corp (OCC) is a clearinghouse based in Chicago. It specializes in equity derivatives clearing, providing central counterparty clearing and settlement services to 16 exchanges. The company clears more than 40 million contracts a day.

Mr. Cashman spoke about the volume of trades exploding in the last few years and how OCC continues to operate efficiently and securely despite this extreme growth.

Watch the full panel here:

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