The Chicago Board Options Exchange® (CBOE®) today announced it is collaborating with the Singapore Exchange (SGX) to launch the first international extension of the world-renowned CBOE Options Institute. The “CBOE Options Institute at SGX” is expected to launch in the fourth quarter of 2015.
The CBOE–SGX educational collaboration leverages CBOE’s options education expertise and the trusted “CBOE Options Institute” brand with SGX’s position as a gateway to Asian financial markets.
The CBOE Options Institute at SGX will be dedicated to engaging Asian investors in the effective use of options and volatility strategies to manage risk. The program will be part of the Singapore Exchange’s SGX Academy, combining SGX’s Asian investor reach as well as its track record in investor education with The Options Institute’s leadership in developing options content and educating investors.
“CBOE’s Options Institute continues to grow and pave the way for greater understanding of our evolving products and markets. We’re delighted to collaborate with the SGX team to launch the first international extension of The Options Institute. This joint endeavor leverages the strengths of both companies to quickly and efficiently ramp up to respond to the tremendous interest we see for options and volatility trading in Asia,” said CBOE Holdings CEO Edward T. Tilly.
Commenting on the announcement, Chew Sutat, Executive Vice President of SGX, said, “We are delighted to be partnering with CBOE, the pioneer in securities options education, and to be selected as its first international collaboration partner. This collaboration is an important step in our aim to further engage, educate and enable investors in Asia.”
CBOE’s copyrighted curriculum and content will be adapted for the programs by CBOE, and program materials will be available in English and Mandarin. Instructors at SGX will be trained by veteran experienced instructors from The Options Institute at CBOE.
The Options Institute, now in its 30th year, has seen strong demand for options education from Asian market participants, many of whom travel to Chicago to attend weeklong options programs at CBOE’s state-of-the-art learning facilities. The Options Institute’s curriculum is taught by options trading professionals and covers all levels of options trading — from basic options primers, to trading complex strategies, to managing client positions. For additional information on the Options Institute, see http://www.cboe.com/Education