The Option Clearing Corporation is owned by
A) the Bank of Canada.
B) the exchanges on which stock options are traded.
C) the provincial securities commissions.
D) the Federal Deposit Insurance Corporation.
E) none of these.

Question

Quizplus · Accepted Answer

The Option Clearing Corporation is owned by the exchanges on which stock options are traded. It was created in 1973 by the exchanges as a clearinghouse to provide greater efficiency and transparency for the options markets.

The Option Clearing Corporation Is Owned by