CHICAGO--(BUSINESS WIRE)-- John Davidson, OCC Chief Executive Officer, said, “Innovation is the cornerstone of what we do at OCC to help drive growth for the U.S. equity options and futures industry. The Small Exchange is a new and innovative opportunity to provide access for new segments of market participants to the products we clear. We look forward to working with them.” Created to become the world’s largest customer-centric futures exchange, the Small Exchange aims to bridge the futures product gap for investors of all sizes. The Small Exchange has realized several milestones since announcing its launch in January 2019. Most recently, the Small Exchange secured $10M in capital from Jump Capital and Citadel Securities. Don Roberts, the Small Exchange President and CEO said, “As an industry leader, OCC continues to pave the way to promoting financial and market integrity in the U.S. equity options and futures markets. They have been very supportive of our own mission to deliver access to the futures marketplace for participants at all levels. By providing us with clearing and settlement, we are closer in achieving the necessary steps to launch the exchange.” About OCC OCC is the world's largest equity derivatives clearing organization. Founded in 1973, OCC operates under the jurisdiction of both the U.S. Securities and Exchange Commission (SEC) as a registered clearing agency and the U.S. Commodity Futures Trading Commission (CFTC) as a Derivatives Clearing Organization. Named 2019 Best Clearing House by Markets Media, and 2018 Clearing House of the Year – The Americas by FOW, OCC now provides central counterparty (CCP) clearing and settlement services to 20 exchanges and trading platforms for options, financial futures, security futures, and securities lending transactions. More information about OCC is available at www.theocc.com. About the Small Exchange Based in Chicago, the Small Exchange – backed by award-winning industry innovators and powered by a proprietary matching engine – recently filed to become a registered Designated Contract Market (DCM) with the Commodity Futures Trading Commission (CFTC). The Small Exchange's mission is to become the world's largest customer-centric futures exchange, bridging the futures product gap for investors of all sizes by providing appropriately sized futures products that are capital efficient, simple to use, and easy to understand for all participants. The company will facilitate the trading of exchange-created proprietary products for all types of market participants including, but not limited to market makers/liquidity providers, Introducing Brokers (IBs), Futures Commission Merchants (FCMs), proprietary trading firms and hedge funds, all with a primary focus on the public retail customer. Please visit smallexchange.com for more information.