The Options Clearing Corporation
OneChicago trades are cleared at the AA+ rated Options Clearing Corporation (OCC), which functions as a central counterparty (CCP) to each trade participant. Firms that are approved to clear Single Stock Futures at OCC are qualified to trade for their firm and for customers at OneChicago.
OCC Clearing Contact
CMTA and Post-trade Give Ups
OneChicago supports CMTA (Clearing Member Trade Assignment) and post-trade Give Ups/Allocations for all OneChicago products.
All open shorts at the close of business on expiration day deliver stock and all long open interest pay for the delivered stock. The delivery process occurs through the National Securities Clearing Corporation (NSCC), the central counterparty clearing house for all US equities and the related Depository Trust Company (DTC) where the actual settlement occurs. The Options Clearing Corporation (OCC) and the NSCC guarantee delivery and payment of all OneChicago physically settled futures.
For more information regarding types of products and their delivery cycles visit products.
Stock delivery and payment occur on the first business day after expiration.
Stock delivery and payment occur on the third business day after expiration.