The Option Clearing Corporation is owned by ________.
A) the exchanges on which stock options are traded
B) the Federal Deposit Insurance Corporation
C) the Federal Reserve System
D) major U.S. banks

Question

Quizplus · Accepted Answer

The Option Clearing Corporation (OCC) is owned by the exchanges on which stock options are traded, such as the Chicago Board Options Exchange (CBOE) and the New York Stock Exchange (NYSE). These exchanges are the OCC's shareholders and they appoint the OCC's Board of Directors.

The Option Clearing Corporation Is Owned by ________