How will the exchange and product sponsors be compensated?
WRS and CME Clearing House will charge a fee for executing and clearing each HuRLO™ purchase on the primary and secondary markets. Sellers in the secondary market will not incur these trading and clearing fees. The broker will charge a commission or other fees too. WRS and CME Clearing House will also retain the interest earned on the premiums that are deposited at CME Clearing House for each HuRLO™ purchased. WRS’ and CME Clearing House’s trading and clearing fees will be fully disclosed to all market participants. The seeder also receives a Seeding Fee as discussed in #12.