Unlike futures contracts, options are traded electronically through an option dealer network known as the Options Clearing Corporation (OCC).

Question

Quizplus · Accepted Answer

The Options Clearing Corporation (OCC) is not a network for trading options but rather acts as a central clearinghouse for option transactions, ensuring the fulfillment of obligations under options contracts. Options are traded on various exchanges, such as the Chicago Board Options Exchange (CBOE), and can be traded electronically or through other means, but the OCC's role is in clearing and settlement, not trading.

Unlike Futures Contracts, Options Are Traded Electronically Through an Option