The OIC is the Options Industry Council. The OIC is a non-profit association intended to provide education and resources to investors in the form of educational videos, literature, software, seminars, and a call center.
The organizations that fund the OIC include the American Stock exchange, the Chicago Board Options Exchange, the Philadelphia Stock Exchange, the Pacific Exchange, the International Securities exchange, and the Options Clearing Corporation. The Options Clearing Council (OCC) is “the world’s largest equity derivatives clearing organization,” according to their website (www.theocc.com). The OCC clears transactions for put and call options on a variety of stocks, securities and foreign currencies for a number of exchanges and markets, including the NASDAQ, the International Securities Exchange, and more.