Aim is to help investors better navigate the characteristics and risks of standardized options.
Equity derivatives clearing organization also elected member and public directors at stockholder meeting.
Enhancements are meant to increase market transparency and establish a new approach to liquidity stress testing.
OCC reports total cleared contract volume of 545.3 million contracts.
OCC cites lessons pertaining to fat tails, aggregation and liquidity.
Options industry group navigates technological and regulatory change.