Proprietary trading firms and market makers move in and out of positions at a pace that most class action administrators aren't built for. That speed — and the sheer volume of trades it generates — creates a massive footprint of eligibility across securities class action settlements. The challenge is that capturing it requires exactly the kind of meticulous back-office work that doesn't fit your operating model.
The Problem
Class action claims are built on historical trade records, and for a firm trading hundreds of thousands of lots across thousands of securities, assembling that data for every eligible settlement is a resource-intensive undertaking. Most proprietary trading firms either don't file at all, file incompletely, or outsource to generalist services that don't understand how trading firm data is structured.
The result: significant recovery left on the table, year after year.
The Solution
CCC specializes in exactly this problem. Our team includes former back-office trading specialists who understand how prop firms and market makers record, store, and access their historical data. We extract, normalize, and utilize your data to build claims that hold up — from the initial notice through distribution.
We handle the full lifecycle so your operations team doesn't have to context-switch from trading infrastructure to legal administration.
Why CCC?
CCC's CEO James Tharin is a former CBOE market maker. Our core staff are back-office trading firm specialists with over 150 combined years in finance. We built CCC to serve exactly the kind of firms that larger, custody-focused recovery services overlook. We understand your world, your data, and your operational priorities.
CCC Services for Proprietary Trading Firms & Market Makers
Let's Get Started
You've been generating eligibility with every trade. Let CCC turn that into recovered capital. Reach out today to learn more.
Since 1992
3,200+ clients
And growing
42 million+
Individual accounts
7 Trillion
In AUM
3+ Billion
Recovered for clients
404 South Wells St., Suite 600,
Chicago, IL 60607 – United States
Phone: (312) 204-6970
Email:
clientservice@chicagoclearing.com
Chicago Clearing Corporation is the
industry leader in class-action services.
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