CHICAGO (May 20, 2014) - The Options Industry Council (OIC) announced today that it has entered into a content licensing agreement with The Shanghai Stock Exchange (SSE) to create an educational program for financial professionals and investors in China. The terms of the agreement were finalized in April and mark the first time a content licensing agreement for OIC has been executed with a financial institution in mainland China.
SSE will now be able to provide options education based on OIC’s content for financial professionals and investors. As China continues to expand access to various investment products, both OIC and SSE recognize the need to create an options education program to contribute to the development and responsible use of suitable financial products.
OIC has been the premier, independent source of equity options education in the U.S. for more than 20 years. Internationally, OIC works with partners throughout North America, Europe and Asia to provide options education.
“It is an honor to work with the Shanghai Stock Exchange,” said Mary Savoie, Executive Director of OIC. “We look forward to developing a mutually beneficial relationship that will help increase awareness, knowledge and the responsible use of exchange-listed options among Chinese investors.”
OIC is an industry cooperative funded by all the U.S. options exchanges and OCC. OIC was formed in 1992 to educate investors and their financial advisors about the benefits and risks of exchange-traded equity options. OIC's resources include: Investor Services live help at 1-888-OPTIONS, its educational website at www.OptionsEducation.org, live seminars throughout the continental United States and Canada, and educational literature.