High Volumes Facilitated OCC’s Reduced Fees The Options Clearing Corp. (OCC), which describes itself as “the world’s largest equity derivatives clearing organization,” is cutting its clearing fee from four-and-a-half cents ($0.045) per equity derivatives contract to two cents ($0.02) per contract effective June 1, 2021, subject to regulatory review, officials say. “The two-cent clearing fee… Read More >>
Dash Financial Debuts Data Visualization System
Agency broker-dealer Dash Financial has launched Dash360, a data visualization tool intended to help buy-side firms achieve more transparency and attribution into the order routing, execution behavior, costs and performance of securities transactions overseen by Dash, which works in U.S. options and equities markets. “We provide the transparency to see where we routed the order,… Read More >>
