Participants wishing to utilize the OCC Collateralization procedures must first contact a representative from OCC’s Risk Management Department. In addition to contacting OCC, interested Participants must contact their DTC Relationship Manager and request access to the OCCD function and the OCCA sub-function. Pledgees planning to accept OCC collateralization requests must also contact their Relationship Managers and request access to the OCCD function and the OCCP sub-function.
Participants and pledgees interested in participating in OCC’s Collateralization service should request eligibility for their respective OCCD functions and sub-functions with their Relationship Managers at least two days prior to the actual day they anticipate using the service.
Note- All collateralization requests by Participants must be approved by OCC. Therefore, OCC must be contacted before a request is submitted through the OCCD function.