Chicago, Illinois — According to state and local development sources, Options Clearing Corporation plans to invest $1,500,000.00 to build out new space in Chicago. The company plans to occupy the new space at 125 S Franklin St 12th & 13th Floor in Chicago, on or about April 1, 2024. According to the company website The Options Clearing Corporation (OCC), named Risk Magazines 2022 Clearing House of the Year, is the worlds 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 19 exchanges and trading platforms.

To learn more about Options Clearing Corporation, visit http://www.theocc.com/

Company Contact:
publicrelations@theocc.com

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