PARTICIPANT AGREEMENTParticipant Agreement • January 14th, 2014 • CurrencyShares Singapore Dollar Trust • Commodity contracts brokers & dealers • New York
This Participant Agreement (this “Agreement”), dated as of October 31, 2011, is entered into by and between Knight Execution & Clearing Services LLC (with respect to this Agreement, the “Authorized Participant”, and with respect to the Trust Agreement referred to below, an “Authorized Participant”), The Bank of New York Mellon, a New York banking corporation, not in its individual capacity but solely as trustee (the “Trustee”) of the Trust (the “Trust”), and Rydex Specialized Products LLC, d/b/a Rydex Investments, as sponsor (the “Sponsor”) of the Trust.
