As the agency for all U.S. options exchanges and in our role as a Systemically Important Financial Market Utility, OCC is a strong advocate for our exchanges, clearing firms and all market participants. Our clearing members commit capital and provide a secure environment for the clearance and settlement of transactions originating with direct trading participants in the listed options market, including market makers. These market makers are critical to enhancing the overall resilience of the options markets by providing liquidity and ensuring an orderly market by taking the opposite side of trades from options buyers and sellers, especially during times of market stress. This is evidenced by the fact that registered market makers currently account for one side of approximately 90 percent of all customer originating trades executed on the Chicago Board Options Exchange.
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