– USA, IL – The Options Clearing Corporation (OCC), the world’s largest equity derivatives clearing organization, today announced the appointment of Meaghan Dugan to its Board of Directors, bringing more than 20 years of experience in listed options trading and market-making.
“Meaghan brings extensive experience in listed options, market structure, and electronic trading technologies. She is a valuable addition to OCC, and we are pleased to welcome her to our Board,” said Executive Chairman, Craig Donohue.
About Meaghan Dugan
In her current role with the NYSE, Meaghan Dugan is responsible for oversight of the NYSE Amex Options and the NYSE Arca Options markets. She leads competitive strategy and development as well as managing the NYSE Options team’s business strategy, including commercial incentive programs and market structure initiatives.
Before joining the NYSE, Meaghan Dugan spent 11 years at Bank of America, most recently as the Head of Product for US Electronic Options and Global Future Algorithms. Before that, Dugan worked for Morgan Stanley, originally in San Francisco as a Lead Market Maker in its Automated Market Making business then later in MSET, an Electronic Trading Team delivering trading algorithms and solutions to institutional and buy-side trading.
About OCC
The Options Clearing Corporation is the world’s largest equity derivatives clearing organization. Founded in 1973, OCC is dedicated to promoting stability and market integrity by delivering clearing and settlement services for options, futures, and securities lending transactions. As a Systemically Important Financial Market Utility, OCC operates under the jurisdiction of the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, and the Board of Governors of the Federal Reserve System. OCC has more than 100 clearing members and provides central counterparty clearing and settlement services to 19 exchanges and trading platforms.
SOURCE: https://www.theocc.com/
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