Options Industry Council (OIC)
Options Industry Council (OIC) refers to a cooperative that helps educate investors and financial advisers about the benefits and risks of exchange-traded equity options. The OIC is sponsored by corporations including: International Securities Exchange (ISE) BATS Options Boston Options Exchange C2 Options Exchange Chicago Board Options Exchange NASDAQ OMX PHLX NASDAQ Options Market The OIC says its educational tools are free and unbiased. All the information provided by the OIC is fully vetted. Options Industry Council (OIC) refers to a cooperative that helps educate investors and financial advisers about the benefits and risks of exchange-traded equity options. The Options Industry Council (OIC), established in 1992, is a cooperative formed by U.S. options exchanges and the Options Clearing Corporation. The OIC educates investors and financial advisers about the benefits and risks of exchange-traded equity options.
What Is the Options Industry Council (OIC)?
Options Industry Council (OIC) refers to a cooperative that helps educate investors and financial advisers about the benefits and risks of exchange-traded equity options.
Understanding the Options Industry Council (OIC)
The OIC was established in 1992 by U.S. options exchanges and the Options Clearing Corporation (OCC). Its mission is to increase awareness and educate investors about regarding exchange-traded equity options. The OIC is sponsored by a variety of corporations, including Nasdaq Inc.'s International Securities Exchange (ISE).
An exchange-traded option is a standardized derivative contract. This product is guaranteed, trades on an exchange, and is settled through a clearinghouse. Investors trade these contracts by buying or selling a specified amount of a financial asset at a pre-determined price, which is known as the strike price, on or before a pre-determined date. An option to buy is a call and an option to sell is a put.
Understanding and trading these assets may be complicated. In order to provide investors with educational tools and demystify options, a group of U.S. exchanges teamed up with the OCC to establish the Options Industry Council.
The OIC serves as an educational resource to promote exchange-traded equity options. It offers online classes, in-person seminars, online webcasts, and podcasts to investors and other traders. It also distributes educational materials, such as DVDs and brochures. In addition, the organization maintains a website and help desk to promote and assist with options education. Included in the educational material presented on its website are options basics, advanced concepts, strategies, trading tools, calculators, and market quotes.
The OIC is sponsored by corporations including:
The OIC says its educational tools are free and unbiased.
OIC Resources
All the information provided by the OIC is fully vetted. It goes through the appropriate compliance channels to ensure its accuracy before being presented to investors and financial professionals. The experienced instructors seek to address the challenges investors face when they trade options.
The OIC's information serves three specialist areas:
- Institutional Investor Center: This area requires registration. These investors can get useful information about derivatives as well as market issues and trends that financial professionals need.
- Financial Advisor Center: Financial professionals can use materials provided through this section to research the benefits options have for their client base. Registration is also required for this area.
- Investor Services: This section provides all of the basic information investors require about all of the products that trade on OCC exchanges.
Related terms:
American Bankers Association (ABA)
The American Bankers Association (ABA) is the largest banking trade association in the United States, and it represents banks of all sizes. read more
Asset
An asset is a resource with economic value that an individual or corporation owns or controls with the expectation that it will provide a future benefit. read more
Cboe Options Exchange
The Cboe Options Exchange, formerly known as the Chicago Board Options Exchange (CBOE), is the world's largest options exchange read more
Clearinghouse
A clearinghouse or clearing division is an intermediary that validates and finalizes transactions between buyers and sellers in a financial market. read more
Derivative
A derivative is a securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset. read more
Energy Institute (EI)
The Energy Institute (EI), based in London, England, was formed by the 2003 merger between the Institute of Petroleum and the Institute of Energy. read more
Exchange
An exchange is a marketplace where securities, commodities, derivatives and other financial instruments are traded. read more
Exchange-Traded Option
An exchange-traded option is a standardized derivative contract, traded on an exchange, that settles through a clearinghouse, and is guaranteed. read more
Futures Industry Association (FIA)
The Futures Industry Association (FIA) is a global group of futures professionals. It educates and lobbies on issues relating to markets and trading. read more
International Securities Exchange (ISE)
The International Securities Exchange (ISE) is an electronic options exchange launched in 2000 which provides investors with greater liquidity. read more