Asigna, The Clearing House of MexDer, the Mexican Derivatives Exchange, and The Options Industry Council (OIC), a world leader in options education based in Chicago, announced today that they have entered into a licensing agreement to develop an educational program for Mexican investors and financial advisors.
This is the first educational collaboration for OIC in Latin America. As the Mexican marketplace has grown, so has the demand for new products such as options. With the help of its clearing members and MexDer, Asigna will deliver options education based on OIC's content for investors and advisors mainly through live seminars and access to website material from www.optionseducation.org.
"Working with Asigna illustrates that international interest in the U.S. options market continues to expand," said Gina McFadden, OIC President. "Through our partnership with Asigna, OIC can now reach Latin American investors with the important initial step to understanding the benefits and risks of options."
"This agreement with OIC is an extension of various efforts of MexDer and Asigna to increase awareness and use of Mexico's financial and listed derivatives markets. We believe OIC's broad experience in the industry will help to promote the advantages of using listed financial options instruments for hedging," said Luis Téllez, Chairman of MexDer and Asigna.