OCC Welcomes IEX to its Growing Roster of Participant Exchanges
OCC announced it will provide central counterparty clearing (CCP) and settlement services for IEX Options LLC, a new options exchange from Investors' Exchange LLC. This adds IEX to OCC's growing roster of participant exchanges.
Why it matters — Expanding its roster of participant exchanges positions OCC to handle more options trading volume and broaden its clearing and settlement business.