Press Releases
Chicago, February 17, 2010
OCC Announces Successful Symbology Conversion
OCC is pleased to announce the February 12 conversion for the Options Symbology Initiative (OSI) has successfully been accomplished with firms, clearing members, exchanges and the OCC all now using the new OSI key.
Chicago, September 21, 2009
OCC Announces Successful Beta Test
The Options Clearing Corporation (OCC) is pleased to announce voluntary beta testing for the Options Symbology Initiative (OSI) has concluded with successful results.
Symbology Information Brochure (PDF)
Chicago, March 19, 2008
The U.S. Options Industry Extends Symbology Initiative Deadline
The Symbology Committee voted today to extend the Options Symbology Initiative (OSI) implementation date by six months, from July 31, 2009 until February 12, 2010 in recognition of the many new demands facing firms in the current market environment.
Chicago, March 6, 2007
OCC Announces Availability of the First Major Deliverable from the Options Symbology Initiative
OCC announced today that the first key milestone in the Options Symbol Initiative (OSI) has been reached with the publication of the technical specifications for record layout changes.
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, 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.
