The equity derivatives clearing organisation will provide clearing and settlement services for IEX Options, expanding its network of exchange participants as the listed derivatives market continues to grow.

The Options Clearing Corporation (OCC) said it will provide central counterparty clearing and settlement services for IEX Options, the options exchange launched by Investors’ Exchange (IEX) on 2 October. The addition marks OCC’s first clearing relationship with IEX and increases the number of participant venues cleared by OCC to 20 options exchanges, two futures exchanges and one stock loan exchange. IEX’s options exchange expands beyond its equities business, which has been