OCC to Provide Clearing Services for MEMX Group’s New MX2 Options Exchange

Quick Summary

The Options Clearing Corporation (OCC) has launched central counterparty (CCP) clearing and settlement services for MX2 Options, a new exchange from MEMX Group. This expansion strengthens the **equity derivatives clearing** landscape by bringing OCC’s total supported venues to 22, ensuring high-standard risk management for market participants.

How Does OCC Support the Launch of MX2 Options?

**Streamlined onboarding processes** allowed OCC to bring the MX2 Options exchange online rapidly by leveraging MEMX’s existing technology and connectivity infrastructure. This integration highlights the **scalability of clearing** systems required to support modern, high-frequency trading environments. By acting as the central counterparty, OCC ensures that all trades on the new exchange meet rigorous **market integrity standards**.

"MX2 reflects the kind of growth we're built to support," said Andrej Bolkovic, Chief Executive Officer of OCC. "As MEMX expands, we're glad to extend the same clearing and risk management standards our participants rely on every day."

• 22 participant venues now served by OCC.
• 19 options exchanges currently integrated into the network.
• 100+ clearing members benefiting from the expansion.

What Benefits Do Clearing Members Receive from This Expansion?

**Diversified market access** is the primary advantage for clearing members, who can now trade across a wider array of venues under a single central counterparty. This consolidated approach to **equity derivatives clearing** reduces operational complexity and optimizes capital efficiency for institutional traders. The addition of MX2 Options fosters **increased market competition**, driving innovation in trading solutions and flexible options for participants.

"We are proud to extend MEMX Group’s partnership with OCC through the expansion of our options business – MX2 Options,” said Geralyn Endo, Head of Options at MEMX Group. "The addition of MX2 further advances MEMX Group’s commitment to fostering competition and delivering flexible, innovative solutions designed around the evolving needs of market participants. We appreciate the support and expertise of OCC in the launch of this new exchange."

Why is Infrastructure Scalability Critical for MEMX Group?

**Flexible technology stacks** enable MEMX Group to launch new venues like MX2 Options without rebuilding core connectivity from scratch. This efficiency is vital for **maintaining market stability** while expanding service offerings in the competitive U.S. listed derivatives space. OCC’s role as a **Systemically Important Utility** provides the necessary backbone for this growth, ensuring that as volume increases, the clearing and settlement infrastructure remains resilient.

FF NEWS TAKE:

This move significantly bolsters the U.S. options market by providing a robust, centralized framework for a new, competitive exchange. By integrating MX2 Options, OCC proves that its infrastructure is not just a legacy system but a dynamic engine for growth. For the industry, this means more choice and better liquidity, further cementing OCC's dominance in the **equity derivatives clearing** sector and proving that scalability is the ultimate currency in modern tradetech.