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Article: Hurricane Risk Landfall Option HuRLO Contracts Now Available to Eligible Institutional Investors, Businesses and High Net Worth Individuals.
- Article from:
- Science Letter
- Article date:
- August 18, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Weather Risk Solutions (WRS) announces the opening of trading for the 2009 hurricane season in Hurricane Risk Landfall Options, or HuRLOs, which are designed to allow eligible investors and businesses alike to hedge against the financial risks of hurricane landfalls. HuRLOs are structured as call options on whether and where a hurricane will make first landfall on the U.S. Atlantic and Gulf coasts and will trade on an innovative, user friendly Internet-based electronic trading platform operated by WRS. All HuRLO transactions are cleared by CME Clearing, a federally-regulated Derivatives Clearing Organization. Every HuRLO's premium is paid fully on execution of each trade ...
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Article: It's a wrap: WRS film lab complex being sold
Tribune-Review/Pittsburgh Tribune-Review;
July 31, 2008 ;
700 words
... ... complex that once housed them. The former WRS Motion Picture and Video Laboratory building ... hopes to attract industrial tenants to the WRS complex, which has 19- and 29-foot ... the mortgage holder and became owner after WRS ran into financial problems and entered ...
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