Article: Hurricane Risk Landfall Option HuRLO Contracts Now Available to Eligible Institutional Investors, Businesses and High Net Worth Individuals.

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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!