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Industry news

OCC welcomes ISE Mercury Options Exchange


18 February 2016 Chicago
Reporter: Drew Nicol

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Image: Shutterstock
ISE鈥檚 newly launched options exchange, ISE Mercury, has become an Options Clearing Corporation (OCC) participant exchange.

With the addition of ISE Mercury, OCC now provides central counterparty clearing and settlement services to 19 exchanges and trading platforms for securities lending transactions, options, security futures, financial and commodity futures.

ISE Mercury began operations on 16 February and brings the total number of US options markets to 14.

鈥淲e congratulate the International 麻豆传媒 Exchange on the successful launch of ISE Mercury,鈥 said Michael McClain, OCC鈥檚 president and COO.

鈥淲e are pleased to provide central counterparty clearing and settlement services to our newest participant exchange. As a systemically important financial market utility and a foundation for secure markets, we are looking forward to the success of ISE Mercury.鈥
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