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2006 Press Releases

Chicago, December 22, 2006
The Options Clearing Corporation Announces Historic Milestone, Options Volume Passes 2 Billion Contracts
The Options Clearing Corporation (OCC) reported today that year-to-date total options volume surpassed 2 billion contracts. This tremendous milestone is the first time that volume has ever hit this number in a single trading year.

Chicago, December 19, 2006
The Options Clearing Corporation Announces Several Officer Promotions
The Options Clearing Corporation (OCC) today announced the following promotions.

Chicago, December 18, 2006
The Options Clearing Corporation Announces Start Of Industry Initiative To Streamline Processing Efficiency
The Options Clearing Corporation (OCC) announced today that its Board of Directors has approved the plan to change the way options contracts are represented during back-office processing.

Chicago, November 28, 2006
The Options Clearing Corporation Launches New Risk Management Methodology
The Options Clearing Corporation (OCC) announced that it has successfully launched its new risk management methodology called STANS, which is used to calculate the margin requirement of its clearing members.

Chicago, October 5, 2006
The Options Clearing Corporation Announces Options Trading Volume Surpasses 2005 Annual Record
The Options Clearing Corporation (OCC) announced today that the total number of options traded for the year reached 1,505,932,244 contracts yesterday, passing the annual volume record set in 2005 of 1,504,311,540 contracts. This also represents a 40.1% increase over the same point last year.

Chicago, August 10, 2006
The Options Clearing Corporation Cuts Clearing Fees Again As Options Volume Soars
The Options Clearing Corporation (OCC) announced today that its Board of Directors recently approved lowering clearing fees for the fourth time since April 2004.

Chicago, July 26, 2006
The Options Clearing Corporation Elects Frank J. Larocca Treasurer
The Options Clearing Corporation (OCC) announced today that its Board of Directors has elected Frank J. Larocca Treasurer of OCC following his recent promotion to Senior Vice President and Chief Financial Officer.

Chicago, June 30, 2006
The Options Clearing Corporation Announces Year to Date Options Volume Passes 1 Billion Contracts
The Options Clearing Corporation (OCC) reported that the total number of options contracts traded so far this year surpassed 1 billion contracts yesterday. This marks the third consecutive year that trading volume has achieved this level.

Chicago, June 6, 2006
George S. Hender Named Financial Services Sector Coordinator for Critical Infrastructure Protection and Homeland Security
Treasury Secretary John W. Snow has named George S. Hender, Management Vice Chairman of The Options Clearing Corporation, as the new Sector Coordinator in the ongoing effort to protect the nation’s critical financial infrastructure. Hender will play a key role in ensuring the private sector and the government continue to work together to enhance the resilience of the U.S. financial system.

Chicago, May 22, 2006
The Options Clearing Corporation Honored At The Business Marketing Association Tower Awards On May 4, 2006
The Options Clearing Corporation (OCC) announced today that its 2004 annual report was honored at the Chicago Chapter of the Business Marketing Association (BMA) Tower Awards on May 4, 2006. OCC received the Bronze Award in the Annual Report category.

Chicago, May 1, 2006
The Options Clearing Corporation Announces Industry Initiative to Streamline Processing Efficiency, Opens Comment Period
The Options Clearing Corporation (OCC) announced today that a committee of industry representatives has recommended a plan to change the way options contracts are represented during back-office processing. The method in use for the past 25 years poses a number of limitations in today’s marketplace.

Chicago, April 26, 2006
The Options Clearing Corporation Board of Directors Announces New Member and Vice Chairman
The Options Clearing Corporation (OCC) announced today the election of William D. Felder IV to the OCC Board of Directors. Dr. Richard R. Lindsey was elected to the role of Vice Chairman to succeed outgoing director Dennis W. Zank, President, Raymond James & Associates, Inc.

Chicago, March 30, 2006
The Options Clearing Corporation Board of Directors Announces New Member
The Options Clearing Corporation (OCC) announced today the appointment of a new member to its Board of Directors. The newly appointed Director is Bryce B. Engel, Executive Vice President and Chief Brokerage Operations Officer of TD Ameritrade Holding Corporation.

Chicago, March 8, 2006
The Options Clearing Corporation Receives Approval For New Risk Management Methodology
The Options Clearing Corporation (OCC) announced today that it has received approval from the Securities and Exchange Commission (SEC) to implement a new risk management methodology for determining the amount of margin deposits required of OCC Clearing Members.

Chicago, March 1, 2006
The Options Clearing Corporation Announces Record Clearing Fee Refund of Nearly $50 Million for 2005
The Options Clearing Corporation (OCC) announced today that its Board of Directors recently approved a refund of $49,648,466 to Clearing Members for the year ended Dec. 31, 2005, their largest ever clearing fee refund.

Chicago, January 23, 2006
Options Industry Kicks Off the New Year With Back-to-Back Daily Volume Records
The Options Industry Council (OIC) and The Options Clearing Corporation (OCC) announced that a new daily trading volume record was set on Friday, January 20, 2006, when 14,888,644 contracts changed hands, 29.2 percent higher than the record set the previous day on January 19, 2006 of 11,523,913 contracts.