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The Options Industry Council (OIC) and the Chartered Institute for Securities & Investment (CISI) have signed a content sharing agreement making OIC's renowned equity options educational materials available to CISI's global membership.
OIC has been educating investors and financial advisors in the responsible use of exchange-listed options for 20 years. To ensure investors understand both the benefits and risks of options, OIC provides education on strategies from basic to advanced, and on specific topics such as volatility and options on Exchange-Trade Funds. The agreement allows CISI to provide its members access to the full suite of OIC print and digital material.
CISI is the largest and most widely respected professional body for those who work in the securities and investment industry in the UK and in a growing number of major financial centers around the world. Like OIC, CISI was founded in 1992. It now has more than 40,000 members in 89 countries. A key objective for CISI is to promote, for the public benefit, the advancement and dissemination of knowledge in the field of securities and investments.
"We are very pleased to be able to work with CISI, an organization which shares our mission and goal of educating market participants", said Gina McFadden, OIC President. "While we have worked with many exchanges around the world, this is OIC's first agreement with an international professional education organization."
Simon Culhane, Chartered FCSI, Chief Executive of the CISI, added: “With our rapidly-growing global membership base, we are delighted to have come to this arrangement with the OIC. It will enable our members wherever they are based to keep up to speed with current traded options developments, and to hone their skills for their clients’ and firms’ benefit. And it will help them pass our globally-recognised exams across the securities and derivatives fields. It is a welcome part of our campaign to ‘make geography history’ through the nimble use of technology.”
