OCC
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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. | ||
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Additional Comments:
It is the world?s largest equity derivatives clearing organization.
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Related Terms: | ||
Derivatives Derivatives are financial instruments whose value is based on the market value of an underlying asset ... FASB 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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