On Tuesday, the Options Industry Council (OIC) announced 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 agreement terms had been finalized in April and represents OIC’s first content licensing agreement with a financial institution in mainland China.
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From the terms, SSE will now be able to provide options education based on OIC’s content for financial professionals and investors. This comes as China continues to expand access to various investment products; both entities recognize the need to create an options education program to contribute to the development and responsible use of suitable financial products.
Mary Savoie, Executive Director of OIC, said of the agreement,?”It is an honor to work with the Shanghai Stock Exchange. 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.”