HedgeTutor is an online educational and trading simulation platform provided by Commos Limited (“Commos”). Further details about HedgeTutor can be found at www.commosconsulting.com. CME Group Inc. and its subsidiaries (together, “CME”), do not endorse HedgeTutor or any other offering from Commos. While the HedgeTutor software enables market participants and potential market participants to experience certain simulated trading situations, users of HedgeTutor should note that CME has a unique market structure: further details of CME’s market structure are available at CME’s website (www.cmegroup.com). Users of HedgeTutor should also be aware that a multitude of market forces and other factors may prevail within CME’s markets and that no simulation software will be able to simulate, recreate or reflect these market forces and other factors entirely.
All functionalities contained within the HedgeTutor platform or any other platform or service offered by Commos (the “Functionality”) and accompanying materials (the “Materials”) are provided for reference and educational purposes only. They are designed to help users that are professional clients and eligible counterparties understand how financial markets work and how different types of financial instruments can be used for particular purposes. The Functionality and the Materials do not, and are not intended to, constitute investment advice, commentary or a recommendation to make any investment decision. The Functionality and the Materials do not, and are not intended to, constitute an opinion as to a particular course of action or transaction and do not take into consideration the needs or personal circumstances of the user of the Functionality or the recipient of the Materials.
CME is not acting for any person that is that chooses to use the Functionality or the Materials. Users that are given access to the HedgeTutor Platform or any other platform or service offered by Commos are not clients of CME and accordingly CME is not responsible for providing any such persons with regulatory or other protections. All users of the Functionality or the Materials should obtain independent investment, legal, tax and other relevant advice before making any decisions about their involvement in any form of trading activity.
The Functionality and the Materials are being sent only to and are directed only at, persons who are investment professionals and any other persons to whom it may lawfully be communicated (“Relevant Persons”). The Functionality and the Materials are only available to Relevant Persons. Accordingly, persons who are not Relevant Persons should not act or rely on the Functionality or the Materials.
The Functionality and the Materials are intellectual property of Commos. Access to the Functionality and the Materials provided hereunder by anyone other than the intended user or recipient is unauthorised and any disclosure, copying or redistribution is prohibited without CME’s and Commos’ prior written approval. While Commos will endeavour to ensure the accuracy, reliability and completeness of the Functionality and the Materials, neither Commos, CME, nor any of their respective affiliates makes any warranty or representation, express or implied, or accepts any responsibility or liability for, the accuracy, reliability, completeness or suitability of the Functionality and the Materials for any particular purpose. Neither Commos nor CME accepts any liability whatsoever to any person for any loss or damage arising from any inaccuracy or omission in the Functionality or the Materials or from any consequence, decision, action or non-action based on or in reliance upon the Functionality or the Materials.

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