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Options Clearing Corporation: Established in 1973, the organization processes and guarantees the standardized options contracts that trade on the U.S. options exchanges.

Additional Comments:

It is the world?s largest equity derivatives clearing organization.

Related Terms:

Derivatives are financial instruments whose value is based on the market value of an underlying asset ...

Financial Accounting Standards Board (FASB) ...

Chicago Board Options Exchange
(CBOE): Established in 1973, the CBOE was the first organized options exchange in the United States. ...

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