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The Options Clearing Corporation

Verified Employer

Visa Rank: 765 | LCA for H-1B: 230 | LC for Green Card: 43 | Denied or withdrawn: 5

Overview

Update(2/21/25): In the first quarter of fiscal year 2025, The Options Clearing filed 21 LCAs for H-1B visas, 1 labor petition for green card, and 4 requests for prevailing wage determination.

Founded: 1973 - Main Office: Chicago, IL - NAICS Industry: Finance and Insurance
H-1B Dependent: No - Willfull Violator: No

The Options Clearing Corporation filed 230 labor condition applications (LCAs) for H-1B visas and 43 labor certifications (LCs) for green cards during fiscal years 2022 - 2024. The Options Clearing was ranked number 765 among all visa sponsors. Additionally, 2 LCAs and 3 LCs were denied or withdrawn during the same period.

Before The Options Clearing can hire foreign workers, whether permanently or temporarily, it must submit labor certifications to the Department of Labor (DOL). These certifications confirm compliance with wage requirements for the specified job locations.The reports below summarize Labor Condition Applications (LCA) for H-1B visas and Labor Certifications (LC) for green cards filed by The Options Clearing. This data represents only the number of applications submitted and does not guarantee visa approvals or worker hires.

The LCA data includes applications for various purposes: new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions. Typically, only LCAs for new employment require an H-1B visa cap if the employer is not cap-exempt.For example, The Options Clearing submitted 295 LCAs and LCs during fiscal years 2022 - 2024. However, this figure does not necessarily reflect the number of foreign workers hired, as visa applications can be denied. Additionally, employees renewing or transferring H-1B visas or changing work locations may need to file new LCAs.

The DOL generally certifies more than three times the number of foreign worker requests compared to the H-1B visas issued by USCIS. Therefore, there is no direct correlation between the number of workers certified by the DOL and the H-1B visas issued by the United States Citizenship and Immigration Services (USCIS).

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Worker Backgrounds

Overview of the backgrounds of foreign workers sponsored by The Options Clearing for permanent employment, highlighting up to 12 categories in each field along with the number of workers. The fields include citizenship, colleges attended, degrees earned, fields of study, and visa status.

Citizenship: where they came from

India(70)China(7)Iran(2)South Korea(1)Mexico(1)Canada(1)Australia(1)

College: where they studied

Jawaharlal Nehru Technological University(4)Tulane University(4)Illinois Institute Of Technology(3)Osmania University(3)Bharathidasan University(2)Jai Narain Vyas University(2)Kuvempu University(2)Lamar University(2)Loyola University(2)University Of Central Missouri(2)University Of Illinois At Urbana Champaign(2)Indiana State University(1)Indian Institute Of Technology, Bombay(1)Banaras Hindu University(1)Arizona State University(1)Andhra University, Gandhi Institute Of Technology And Management(1)

Class of Admission: current visa status

H-1B(81)TN(1)E-3(1)

Degree: Highest Education achieved

Master's(53)Bachelor's(25)Doctorate(4)Other(1)

Major: Major field(s) of study

Computer Science(13)Business Administration(8)Computer Engineering(5)Information Technology And Management(5)Mechanical Engineering(5)Electrical Engineering(4)Information Technology(4)Computer Science Engineering(3)Chemical Engineering(2)Computer Information Systems(2)Electrical And Computer Engineering(2)Financial Engineering(2)Financial Mathematics(2)Information Systems(2)Physics(2)Software Engineering(2)

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Visas

Summary of Labor Condition Applications (LCAs) for H-1B visas and Labor Certifications (LCs) for green cards filed by The Options Clearing. The data includes new employment, continuation or changes to previously approved employment, new concurrent employment, changes in employer, and amended petitions.

Labor Condition Applications(LCAs) for H-1B Jobs

Year	Certified	Withdrawn	Certified-Withdrawn
2024	96	1	0
2023	72	1	0
2022	59	0	1
2021	37	0	0
2020	57	0	0
2019	37	1	0
2018	19	1	0
2017	24	2	0

Labor Certifications(LCs) for Green Card Job

Year	Certified	Denied	Withdrawn	Certified-Withdrawn
2024	7	0	0	9
2023	10	1	1	0
2022	6	0	1	8
2021	5	0	0	4
2020	6	0	1	2
2019	6	1	0	3
2018	10	1	0	0
2017	0	0	1	0

Annual Average Salaries

H-1B and Green Card Jobs Proffered Salaries

Year	H-1B Salary	Green Card Salary
2024	$151,845	$146,967
2023	$146,688	$118,087
2022	$139,930	$136,764
2021	$131,752	$125,771
2020	$127,266	$116,728
2019	$122,322	$120,766
2018	$116,536	$122,160
2017	$118,963	$150,000

Occupations & Job Titles

Summary of the occupations and job titles of foreign workers sponsored by The Options Clearing for permanent employment, highlighting up to 12 roles in each field along with the number of workers. To increase your chances of receiving visa sponsorship, focus on positions that The Options Clearing has historically hired foreign workers for.

H-1B Occupations

Software Developers(110)Software Developers, Applications(99)Software Developers, Systems Software(64)Financial Quantitative Analysts(22)Computer and Information Systems Managers(16)Financial Specialists, All Other(13)Computer Systems Analysts(11)Operations Research Analysts(10)Software Quality Assurance Analysts and Testers(10)Business Intelligence Analysts(7)

Green Card Occupations

Software Developers, Applications(23)Software Developers, Systems Software(13)Computer Systems Analysts(10)Computer Occupations, All Other(6)Software Developers(6)Statisticians(6)Computer Network Architects(2)Financial Quantitative Analysts(2)Financial Specialists, All Other(2)Software Developers, System Software(2)

H-1B Job Titles

Associate Principal, Software Engineering(50)Senior Application Developer(15)Associate Principal, Cloud Engineering (14)Associate Principal, Data Analytics Engineering (11)Associate Principal, Quantitative Risk Management(10)Associate Principal, Software Engineering: Devops(10)Application Developer(7)Lead Application Developer(7)Associate Principal, Identity And Access Management Systems (5)Lead Quality Assurance Analyst(5)

Green Card Job Titles

Software Developers, Applications(8)Computer Systems Analysts(7)Associate Principal, Clearing, Pricing & Risk Developer(5)Associate Principal, Software Engineering(5)Application Developer(4)Computer Occupations, All Other(4)Statisticians(3)Associate Principal, Quantitative Risk Management(2)Data Scientist(2)Software Development Engineer In Test(2)

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Contacts

The individuals listed in this section are employees of The Options Clearing Corporation authorized to represent the company in labor certification matters. They cannot be agents or attorneys unless they are direct employees of The Options Clearing. Furthermore, they may not be Human Resources professionals directly involved in hiring or resume screening. In smaller companies, these representatives are often decision-makers, such as the president or operations director.

H-1B Visa Job Contacts

Jose Perez - Senior Associate, Talent Management [+]

125 S. Franklin Street Chicago, IL

Phone: Premium Member Only, Sign Up Now!
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Fatima Sabanovic - Senior Associate, Talent Management [+]

125 SOUTH FRANKLIN STREET CHICAGO, IL

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Email: Premium Member Only, Sign Up Now!

Green Card Job Contacts

Jose Perez [+]

125 South Franklin Chicago, Illinois

Phone: Premium Member Only, Sign Up Now!
Email: Premium Member Only, Sign Up Now!

Fatima Sabanovic [+]

125 South Franklin Chicago, ILLINOIS

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Email: Premium Member Only, Sign Up Now!

Office Locations

Summary of the Top Locations with the Highest Number of Foreign Workers. The main office ranks as the primary worksite for foreign workers, hosting the largest number among all locations.

Main Office:125 S. Franklin Street Suite 1200 Chicago, IL 60606

H-1B Visa Job Work Sites

Chicago,IL(192) Dallas,TX(178) Chicago,Illinois(14) Coppell,TX(9) Dallas,Texas(4) Jersey City,NJ(4) Keller,TX(4) Gastonia ,NC(2) Hillsboro,OR(2) Coppell,TN(2)

Green Card Job Work Sites

Dallas,TX(43)Chicago,IL(38)Coppell,TX(2)

FAQs

Has The Options Clearing sponsored H-1B Visa in the past? - [+]

Yes, during the past three years, The Options Clearing has filed 230 LCAs for H-1B Visa positions.

Has The Options Clearing sponsored employment based green card in the past? - [+]

Yes, during the past three years, The Options Clearing has filed 230 LCs for employment based green card positions.

Is The Options Clearing an H-1B dependent employer? - [+]

No, The Options Clearing is not an employer that has a certain number of H-1B nonimmigrant workers relative to its total workforce.

What types of roles do The Options Clearing typically sponsor for H-1B visas or green cards? - [+]

The most common roles for H-1B Visa positions are Associate Principal, Software Engineering(50), Senior Application Developer(15), Associate Principal, Cloud Engineering (14), Associate Principal, Data Analytics Engineering (11), Associate Principal, Quantitative Risk Management(10), Associate Principal, Software Engineering: Devops(10). The most common roles for green card positions are Software Developers, Applications(8), Computer Systems Analysts(7), Associate Principal, Clearing, Pricing & Risk Developer(5), Associate Principal, Software Engineering(5), Application Developer(4), Computer Occupations, All Other(4).

Reviews

Number of Reviews: 4 - Average Review Score: 4.3 -

Rate and Review The Options Clearing Corporation

★★★☆☆ - - - - 3/14/2025 - flag as inappropriate - comment
Things I like: Positive Work Environment, Good Immigration Support, Inclusive and Diverse Workplace
Things I don't like: Rigid Work Hours with Little Flexibility, Limited Career Advancement Opportunities, Lack of Teamwork or Collaboration

★★★★★ - - - - 2/1/2025 - flag as inappropriate - comment
Things I like: Opportunities for Growth, Supportive Management, Competitive Salary
Things I don't like: Limited Career Growth

★★★★★ - - - - 2/1/2025 - flag as inappropriate - comment
Things I like: Opportunities for Growth, Health Benefits, Competitive Salary
Things I don't like: Limited Career Growth

★★★★☆ - - - - 2/1/2025 - flag as inappropriate - comment
Things I like: Opportunities for Growth, Good Immigration Support
Things I don't like: Limited Career Growth, Office Politics

You are welcome to share your working, interview or application experience with The Options Clearing Corporation as well as its owners or employees. Please avoid mentioning any names or using profanity and obscene languages when you are making comments.

Many of the reviews about H1B visa and green card sponsors on our web site are negative. Though this somewhat reflects one aspect of real immigrant labor market, you should do more research and use your own judgment to make decisions. Please be also aware that some reviews and comments were submitted by employers, competitors or disgruntled employee of The Options Clearing Corporation.

Under federal law (Section 230 of the Communications Decency Act) MyVisaJobs.com is not legally responsible for the information posted by the third parties, even if the posted information contains remarks that are defamatory. If you find any review about The Options Clearing Corporation is inappropriate, please use the Flag As Inappropriate link next to the review to report.

If you find an employer has violated any proceeding under the Immigration and Nationality Act (INA) or it has committed either a willful failure or a misrepresentation of a material fact of the Labor Condition Application (LCA) attestations, please do not post your review here. You should contact Dept of Labor, Dept of Justice or U.S. Immigration and Customs Enforcement (ICE).

For additional information, visit DOL Wage and Hour Division Website: http://www.wagehour.dol.gov and/or call their toll-free information and helpline, available 8 a.m. to 5 p.m. in your time zone, 1-866-4USWAGE (1-866-487-9243).

Employer: The Options Clearing

Review Result: 4.3 out of 5 stars 4 votes

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