The Shenzhen Stock Exchange (SZSE) and The Options Industry Council (OIC) announced today they have signed a Memorandum of Understanding regarding joint options research and education. The ceremony was held with members of the OIC and SZSE in Shenzhen, China on Tuesday October 23, 2012.
As China focuses efforts on diversifying investment products, both OIC and SZSE recognize the need for investor education and research programs to contribute to the development and responsible use of suitable financial products. The MOU also addresses mutual cooperation and sharing of information about the U.S. and Chinese financial markets.
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 the Americas, Europe and Asia to provide options education.
“It is an honor to sign this MOU with the Shenzhen Stock Exchange,” said Gina McFadden, OIC President. “This lays the foundation of a mutually beneficial relationship between our organizations, which share a common interest in educating Chinese market participants about the benefits and risks of equity options.”
“China is an emerging market with a strong need for investor education. We are honored to work with OIC, a leading institution of options education and research in the industry, in a concerted effort to enhance the investor education practices in China’s capital market” said a representative of Shenzhen Stock Exchange.