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Options Clearing Corp shakes up senior management; American Shale Companies’ Rush to Hedge Is Turning the Oil Market Upside Down; A Market Under Distribution Has No Mercy Newsletter,Options

Lead Stories Options Clearing Corp shakes up senior management Tom Polansek – Reuters The primary clearinghouse for U.S. options trades named new finance and compliance chiefs on Friday in the latest C-suite shake-up aimed at improving oversight. The Options Clearing Corp, known as OCC, also said it had hired a former CME Group Inc (CME.O) executive to fill a newly created treasurer’s position. The changes are part of an overhaul in leadership as OCC works to bolster the way it manages finances and risk after its regulator, the U.S. Securities and Exchange Commission, raised concerns in recent years. American…