Notices - HedgeStreet

The HedgeStreet Rule Committee has approved revisions to HedgeStreet Rules 4.4, 5.4 and 5.5, which allows Market Makers to place both buy and sell orders in the order book without having the necessary funds/contracts at the time the order is entered. Instead, for sell orders, the market maker must have those contracts in its account at the time the order is executed or must have sufficient funds to subscribe for the number of Hedgelet Pairs necessary to fill that sell order at the time the order is executed. Conversely, for buy orders, market makers must have sufficient funds to purchase the number of Contracts necessary to fill the buy order at the time the order is executed. The HedgeStreet Rule Committee has amended HedgeStreet Rule 1.1(c) to stipulate that HedgeStreet's fee schedule is available on HedgeStreet's website. View the rule changes.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 2.092004

Amendments to HedgeStreet Rules 5.4(b)-(d) and 5.5(d) and the addition of Rule 5.4(e) relating to Market Maker Orders

The HedgeStreet Rule Committee has approved revisions to HedgeStreet Rules 5.4(b)-(d) and 5.5(d) and added new Rule 5.4(e), allowing a Market Maker to enter Market Maker Orders, for both Long and Short Variable Payout Hedgelets for which a Market Maker does not have an offsetting position. A Market Maker's account will not be debited the requisite amount of funds until a trade is executed on the market. Once the trade is matched on the market, HedgeStreet will automatically deduct the requisite amount of funds to cover the maximum potential loss from the Market Maker's account. View the rule changes.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 3.102604

HedgeStreet plans to initiate a new Monthly Survey Program in order to gain User Feedback

The proposed installment of a Monthly Survey Program ("Program") will be offered to visitors of the HedgeStreet web site. There is no obligation to complete the survey nor is there an obligation to become a member. The survey is expected to change in content from month-to-month, and each survey will be designed to ask approximately 10-15 questions. As an incentive to those visitors who choose to participate, the first 25 individuals who complete the survey will be awarded a $25 gift certificate. View the complete notice.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

NOTICE 4.111904

Rule certification filed which changed and defined the name of a Series of Currency Exchange Contracts from Daily Contracts to Spot Contracts and amendments to the existing terms and conditions of Gold Fixed-Payout Hedgelets by listing new Spot Gold Fixed-Payout Contracts

In accordance with Commission Regulation 40.6, the HedgeStreet Rule Committee ("HedgeStreet") has approved a change in the name of a Series of Currency Exchange Contracts from Daily Contract (Old) to Spot Contract (New) and established the new definition of Spot Contract. HedgeStreet also approved the amendments to the existing terms and conditions of the Gold Fixed-Payout Hedgelets, as defined under Rule 12.10. Further to these amendments, on November 22, 2004 HedgeStreet intends to issue new Spot Gold Fixed-Payout Contracts, which were resultantly added. The listing of the new Spot Gold Fixed-Payout Contracts will include the respective Payout Criterion for said Contracts. View the rule changes.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 5.112304

HedgeStreet announces its Year 2005 Holiday Schedule and modifies its Year 2004 Holiday Schedule

Pursuant to Section 5c(c) of the Commodity Exchange Act and Commodity Futures Trading Commission ("CFTC") Rule 40.6, HedgeStreet notifies the CFTC of its holiday schedule for 2005. In addition, HedgeStreet is modifying its holiday schedule for 2004 in order to observe New Year's Day on Friday, December 31, 2004. View the holiday schedule.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 6.112604

Terms and Conditions filed for new HedgeStreet products in the form of Fixed-Payout Residential Heating Oil and Propane Contracts

Pursuant to Commission Regulation 40.2 and 40.6, HedgeStreet files, by self-certification, the Terms and Conditions for Fixed-Payout Residential Heating Oil and Propane Contracts with the CFTC The HedgeStreet Rule Committee has approved the addition of new HedgeStreet Rules 12.26 and 12.27 (the "Rules") to reflect all of the terms and conditions of the new Contracts, referenced above. These Rules were submitted to the CFTC on Friday, November 26, 2004 and HedgeStreet implements them at the start of business on Monday, November 29, 2004. View the rule additions.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 7.113004

HedgeStreet revises its Fee Schedule and will implement a new Quarterly Maintenance Fee Plan

Pursuant to Rule 40.6, HedgeStreet revises its current fee schedule, effective December 1, 2004. Additionally, HedgeStreet introduces a Quarterly Maintenance Fee Plan (the "Plan") which shall become effective on January 1, 2005. The fee under the new Plan will be charged to all members on a quarterly basis only if the member has not executed at least three (3) trades during that particular quarter. View the revised fee schedule.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

NOTICE 8.120104

HedgeStreet Amends its current Rule 1.1(w) and also files, by self-certification, the Terms and Conditions for Fixed-Payout Crude Oil Contracts with the CFTC

Pursuant to Commission Regulation 40.2 and 40.6, the HedgeStreet Rule Committee has approved the addition of new HedgeStreet Rule 12.28 to reflect all of the terms and conditions of new Fixed-Payout Crude Oil Contracts. Additionally, pursuant to Commission Regulation 40.6, HedgeStreet amended Rule 1.1(w) in order to expand the previously defined term, "Source Agency". View the rule amendment/addition.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 9.120204

Filing of Additional Terms and Conditions relating to the Determination of the Settlement Value for new Fixed-Payout Crude Oil Contracts ("Contracts")

Pursuant to Commission Regulation 40.2 and 40.6, the HedgeStreet Rule and Instrument Committees have approved the implementation of additional terms and conditions for the above-referenced Contracts. This Certification serves as an amendment to the filing previously submitted on December 1, 2004, which was related to HedgeStreet's initial listing of Crude Oil Contracts. View the methodology summary.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 10.120204

HedgeStreet, Inc. Promotion to Waive Trading Fees for Active Members in Year-End Hedgelets

This offer will grant participating HedgeStreet members free trades during the month of December 2004 ("Promotion Period"). Free trades will be given to those active members placing more than forty (40) trades in all Year-End Hedgelet Contracts. All applied trading fees will be rebated back to those members who satisfy the minimum number of (41) trades under the Promotion. Members can expect these rebates effected to their HedgeStreet accounts within the three (3) weeks following the end of the Promotion Period. View the terms of the Promotion.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

NOTICE 11.120604

HedgeStreet Amends its current Rule 12.28 in order to accommodate the listing of 2004 Year-End Hedgelets for Crude Oil Contracts

Pursuant to Commission Regulation 40.2 and 40.6, the HedgeStreet Rule and Instrument Committees have approved the amendment to HedgeStreet Rule 12.28 in order to list 2004 Year-End Crude Oil Hedgelets and the corresponding Payout Criteria for said Hedgelets. The amendments will be represented by Rule 12.28(f)(iv). HedgeStreet intends to issue these instruments at the start of business on Tuesday, December 7, 2004. View the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 12.120604

Weekly Notification of Rule Changes: Amendments to Payout Criteria for certain Year-End Hedgelet Contracts (including amendments to Currency Exchange EUR/USD, USD/YEN, Gasoline and Gold Contracts)

In accordance with Commission Regulation 40.6(c), the HedgeStreet Rule Committee ("HedgeStreet") has approved amendments to the Payout Criteria (Strike Prices) of certain Year-End Hedgelet Contracts, as referenced above. These rule amendments were effected at the start of business on Monday, December 6, 2004. View the rule changes.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 13.122204

Terms and Conditions for Silver Fixed-Payout Hedgelet Contracts along with certain Amendments to HedgeStreet Rule 12.28(b), (k), (l) and (n) regarding the Crude Oil Fixed-Payout Hedgelet Contracts are filed

In accordance with Commission Regulation 40.2 and 40.6, the HedgeStreet Rule and Instrument Committees ("HedgeStreet") have approved the listing of Silver Fixed Payout Hedgelet contracts. This new instrument is offered and represented by new Rule 12.29. A description of an unbaised methodology for determining settlement values to be used on the HedgeStreet Exchange was also reviewed and approved along with the listing of this new product. Additionally, amendments to Crude Oil Fixed-Payout Hedgelet Contracts and the manner in which the expiration value for certain of those Contracts is to be calculated were effected.

These rule addition/amendments were incorporated into practice at the start of business on Monday, December 20, 2004. View the rule addition/amendments.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 14.122204

Certification: Rule 5.4(e) is amended to reflect certain amendments to HedgeStreet's Order as a Deriviatives Clearing Organization ("DCO")

Pursuant to Commission Regulation 40.6, the HedgeStreet Rule Committee has approved an amendment to existing Rule 5.4(e) with respect to Market Makers and the execution of orders. The HedgeStreet Rule Book is now updated to represent this separate amendment to HedgeStreet's Order as a DCO. The rule changes will be implemented on Wednesday, December 22, 2004. View the rule changes.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 15.122804

HedgeStreet revises the Settlement Schedule and Last Trading Day for the following two (2) Mortgage Rate Hedgelets: 29DEC2004 1-Yr ARM & 29DEC2004 30-Yr FRM

Due to an adjusted release date of the Primary Mortgage Market Survey (PMMS) results by Freddie Mac, initially scheduled for Thursday, December 29, 2004, (Old) to Wednesday, December 28, 2004 (New), the HedgeStreet Instrument Committee revises its settlement/ last trading day schedule for two (2) instruments currently offered on the Exchange:

Market: Real Estate
Category: Mortgage Rates
Hedgelet Bundles (2):
29DEC2004 1-Yr ARM

NOTICE 16.010305

Amendment to the Terms and Conditions relating to the Underlying as well as the Source Agency for currently offered Fixed-Payout Gold Contracts ("Contracts")

Pursuant to Commission Regulation 40.6, the HedgeStreet Rule Committee has approved an amendment to the existing terms and conditions for the above-referenced Contracts. Amended HedgeStreet Rule 12.10 (b) and (c) were submitted to the Commission along with a summary of the unbiased methodology used by HedgeStreet in the new Source Agency's calculation of the Expiration Value for Gold Contracts. This amendment to the Rules will go into effect as early as Tuesday, January 4, 2004. View the rule amendment and methodology summary.

Should you have any questions or require further information, please contact Compliance Department.

NOTICE 17.010505

Junior Market Maker Program promotes market depth and liquidity

Pursuant to Commission Regulation 40.6(a), the HedgeStreet Rule Committee submitted a Junior Market Maker Program ("Program") to the Commission, its terms requiring that each Market Maker participant be obliged to facilitate continuous two-sided markets in each of the instruments for which they act as market makers. HedgeStreet has developed this Program to educate the general public about its products as well as to create greater liquidity in certain instruments that trade on HedgeStreet. The Program will be initiated as early as the start of business on Friday, January 7, 2005. View the terms of the Program as well as a list of all eligible contracts.

Should you have any questions or require further information, please contact Compliance Department.

Notice 18.012805

Promotion Designed to Waive Trading Fees for 30 Calendar Days to all Exchange Members whose Accounts are Initially Funded within the Period Commencing January 31, 2005 through the end of business on March 31, 2005 ("Promotion Period")

On Tuesday, February 1, 2005, HedgeStreet initiated a Special Free Trade Promotional Offer which grants participating HedgeStreet members free trades over a period of 30 calendar days (to commence upon the time that the member's funds have been deposited for the first time, settled into their account, and such funds are deemed available for use towards trade). All settlement fees will still apply and members with existing funded accounts are not eligible to participate in this Promotion. Click here to view the terms of the Promotion.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 19.020205

Amendment to the Terms relating to the Underlying for currently offered Fixed-Payout Gold Contracts ("Contracts")

Pursuant to Commission Regulation 40.6, the HedgeStreet Rule Committee has approved an amendment to the Underlying of all Gold Hedgelet Contracts. Amended HedgeStreet Rule 12.10 (b), which reflects a change in the Underlying Contract Month from February 05 (Old) to April 05 (New), was submitted to the Commission on Wednesday, February 2, 2005. This Rule amendment will become effective at the start of business on Thursday, February 3, 2005. Click here to view the rule amendment.

Should you have any questions or require further information, please contact Compliance Department.

Notice 20.020905

Notice of Amendments to Rules 4.4(c), 5.4 and 5.5(d), effective March 1, 2005

Pursuant to Commission Regulation 40.6 (a)(2) and (3), the HedgeStreet Rule Committee has approved amendments to Rules 4.4(c), 5.4 and 5.5(d), in order to i) ensure full collateralization of Variable Payout Hedgelets upon trade execution; ii) employ the same process of debiting cash upon trade execution for Fixed Payout Hedgelets; and iii) remove Market Maker a) buy orders and b) sell orders to which the market maker has an offsetting transaction from the HedgeStreet Rules. The process of Subscription on Demand will still be available to Market Makers.

Said amendments require that all members have sufficient funds to satisfy their trading obligations in both Variable Payout and Fixed Payout Hedgelets upon the execution of any trade (instead of blocking cash upon order entry). As such, HedgeStreet will also be imposing a $10 Insufficient Funds Fee any time a member enters an order that is matched by another member but is rejected because he/she did not have sufficient funds to cover the transaction prior to execution.

These Rule amendments were submitted to the Commission on Wednesday, February 9, 2005.

Effectiveness will commence at the start of business on Tuesday, March 1, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice No. 21.021805

Notice of Amendments to Rule 1.1(a) & (i), and 5.14, effective February 22, 2005

Pursuant to Commission Regulation 40.6 (a) (2) and (3), the HedgeStreet Rule Committee has approved amendments to the above-referenced Rules for the purposes summarized here:

a) Amendment to Rule 1.1(a) & (i) - the definitions of both "Cap" and "Floor"; these two terms are amended to relate to the Variable Payout Hedgelet Contracts;

b) Amendment to Rule 5.14 - allows for the addition of new Rule 5.14(e), further defining the application of speculative position limits upon certain trading individuals/parties.

These Rule amendments were submitted to the Commission on Friday, February 18, 2005.

Effectiveness will commence at the start of business on Tuesday, February 22, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 22.022205

Notice of Amendments to Rule 12.10 and Rule 12.29, effective February 23, 2005

Pursuant to Commission Regulation 40.6 (a) (2) and (3), the HedgeStreet Rule Committee has approved amendments to the above-referenced Rules in order to define standardized monthly trading schedules for both Gold Hedgelet Contracts and Silver Hedgelet Contracts.

These Rule amendments were submitted to the Commission on Tuesday, February 22, 2005 and effectiveness will commence at the start of business on Wednesday, February 23, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 23.030105

Notice of Amendments to Rule 12.10(b) and Rule 12.29(b), effective March 2, 2005

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule Committee has approved amendments to the above-referenced Rules in order to further clarify the definitions of the Underlying values and the manner in which they are calculated for both Gold and Silver fixed payout Hedgelet Contracts.

These Rule amendments were submitted to the Commission on Tuesday, March 1, 2005 and effectiveness will commence at the start of business on Wednesday, March 2, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 24.032205

Quarterly Maintenance Fee Plan proposed at the start of 2005 is delayed; Expiration date is extended for the current Special Free Trade Promotional Offer

The implementation of HedgeStreet's proposed Quarterly Maintenance Fee Plan (the "Plan") has been delayed to a new effective date of July 1, 2005. As stated, the fee under the new Plan will be charged to all members on a quarterly basis only if the member has not executed at least three (3) trades during that particular quarter.

The current Special Free Trade Promotional Offer (the "Promotion") grants participating HedgeStreet Members free trades over a period of 30 calendar days (to commence upon the time that the member's funds have been deposited for the first time, settled into their account, and such funds are deemed available for use towards trade). Members are eligible for this Promotion as long as their respective HedgeStreet accounts are initially funded within the period commencing January 31, 2005 through the end of business on a new expiration date extended (from March 31, 2005) to June 30, 2005 ("Promotion Period"). All settlement fees will still apply and members with existing funded accounts (prior to the Promotion's commencement date) are not eligible to participate in this Promotion. Click here to view the terms of the Promotion.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 25.040405

Effective Tuesday, April 5, 2005, HedgeStreet Rules 12.30 through 12.37 representing new Variable Payout Hedgelet ("VPH") Contracts are added to the Rulebook while the Fee Schedule is revised to accommodate the listing of these VPH products

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Rules:

12.30 Currency Exchange EUR/USD Variable Payout Contracts
12.31 Currency Exchange GBP/USD Variable Payout Contracts
12.32 Currency Exchange USD/YEN Variable Payout Contracts
12.33 Currency Exchange USD/CHF Variable Payout Contracts
12.34 Gasoline Variable Payout Contracts
12.35 Gold Variable Payout Contracts
12.36 Crude Oil Variable Payout Contracts
12.37 Silver Variable Payout Contracts

While the fee schedule pertaining to settlement processes have been revised, all other fees related to account registration, trading, and Fixed-Payout Hedgelets, remain the same. The trading fees for Variable Payout Hedgelets will be the same as the trading fees currently represented for Fixed-Payout Hedgelets on the HedgeStreet website. Click here to view the Rule additions and revised fee schedule.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 26.041505

Refer-A-Friend Program Commences on Friday, April 15, 2005

The Refer-A-Friend Program (the "Program") allows current HedgeStreet members to extend, to other non-member participants, special referrals to register for membership with HedgeStreet and participate in a 60-day offer at no cost to the new member. The Program is set to expire at the close of business on Thursday, June 30, 2005. Click here to view the terms, conditions, and rewards of the Program.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 27.041505

All Currency Hedgelet Contracts' Terms and Conditions Amended

These rule amendments pertain to a) the calculation of the settlement value for all Variable and Fixed Payout Currency Hedgelet Contracts and b) the variable used to calculate the strike prices for all such Hedgelet Contracts. Accordingly, Rules 12.4 - 12.7 and 12.30 - 12.33 were amended in the HedgeStreet Rulebook. These amendments are effective at the start of business on Monday, April 18, 2005. Click here to view the Rule amendments.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 28.042605

Effective Thursday, April 28, 2005, HedgeStreet Rules 12.38 through 12.49 representing new NAR Hedgelet Contracts are added to the Rulebook while Quarterly and Bi-Annual duration periods are also defined

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Rules:

12.38 NAR Chicago Hedgelet Contracts
12.39 NAR Los Angeles Hedgelet Contracts
12.40 NAR Miami Hedgelet Contracts
12.41 NAR New York Hedgelet Contracts
12.42 NAR San Diego Hedgelet Contracts
12.43 NAR San Francisco Hedgelet Contracts
12.44 NAR Chicago Variable Payout Contracts
12.45 NAR Los Angeles Variable Payout Contracts
12.46 NAR Miami Variable Payout Contracts
12.47 NAR New York Variable Payout Contracts
12.48 NAR San Diego Variable Payout Contracts
12.49 NAR San Francisco Variable Payout Contracts

Furthermore, the definitions for both Quarterly Contracts and Bi-Annual Contracts were defined by new Rule additions 12.1(i) & (j). Click here to view the Rule additions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 29.050305

Amendments to existing Terms and Conditions of certain Fixed Payout Hedgelet Contracts and Variable Payout Hedgelet Contracts

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Rules:

12.3(f)(i) Crude Oil Inventory Contracts - Amendment of the Payout Criteria for the Contracts to be offered by weekly duration;

12.9(f)(ii) Gasoline Contracts - Issuance of Quarterly Fixed Payout Hedgelet Contracts;

12.22(f)(i) Natural Gas Inventory Contracts - Amendment of the Payout Criteria for the Contracts to be offered by weekly duration;

12.28(f)(iv)-(v) Crude Oil Contracts - Issuance of Quarterly Fixed Payout Hedgelet Contracts and Year-End Fixed Payout Hedgelet Contracts;

12.34(f)(ii)-(iii) Gasoline Variable Payout Contracts - Issuance of Quarterly VPH Contracts and Year-End VPH Contracts; and

12.36(f)(ii)-(iii) Crude Oil Variable Payout Contracts - Issuance of Quarterly VPH Contracts and Year-End VPH Contracts

Click here to view the Rule additions/ amendments.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 30.050505

New Contract terms is introduced while a series of Currency Exchange Fixed Payout Contracts and Silver Fixed Payout Contract change their "Spot" Contracts to "Daily" Contracts

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of Rule 12.1(e) which now defines the term Daily Contract. Additionally, amendments to Rules 12.4(i), 12.5(i), 12.6(i), 12.7(i), 12.29(i) - which represent the Currency Exchange EUR/USD, GBP/USD, USD/YEN, USD/CHF Fixed Payout Contracts, and Silver Fixed Payout Hedgelet Contracts, respectively, offer Contracts with durations formerly known as "Spot" which have now been changed to "Daily" Contract durations.

Click here to view the Rule additions/ amendments.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 31.051005

The Initial Minimum Deposit Requirement is reduced from $500 to $100 and the new Active Trader Pricing Schedule is initiated on Wednesday, May 11, 2005

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule Committee has approved the amendment of Rule 3.1(b) which now features the new initial deposit requirement of $100. Additionally, an Active Trader Pricing Schedule is established such that a) the Minimum Trading Fee of $5.00 for Standard Pricing is replaced with $0.00. (Standard Traders are Members that do not qualify for Active Trader Pricing); b) beginning in the month of April 2005, any Member that traded more than 20 times in a calendar month is qualified to receive Active Trader Pricing; and c) if, while receiving Active Trader Pricing, a Member does not execute 60 trades in 2 successive calendar quarters, the member will be changed from an active trading status to standard pricing status. Click here to view the Rule amendment and to view a chart summary of the Active Trader Pricing Schedule.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 32.051205

Amendments to all Silver Contracts and NAR Housing Price Hedgelet Contracts submitted to the Commission on Thursday, May 12, 2005

Pursuant to Commission Regulation 40.6, the HedgeStreet Rule Committee has approved various amendments to existing terms and conditions of the following Contracts:

a) Silver Fixed Payout and Variable Payout Hedgelet Contracts - adding specifications representing that the Underlying is quoted in cents (in U.S. Currency);

b) All NAR Housing Price Fixed Payout and NAR Housing Price Variable Payout Hedgelet Contracts - adjusting terms in the Payout Criteria representing that the Cap and Floor are rounded to the nearest thousand and five-thousand, respectively;

c) Bi-Annual Variable Payout NAR San Diego Contracts - adjustment of the current Dollar Multiplier; and

d) Quarterly Variable Payout NAR San Francisco Contracts - replacement of the current Dollar Multiplier.

These Rule amendments will become effective at the start of business on Friday, May 13, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 33.051305

Amendment to the Silver Contracts submitted to the Commission on Friday, May 13, 2005

Pursuant to Commission Regulation 40.6, the HedgeStreet Rule Committee has approved an amendment to Rule 12.29(f)(i), due to a change in the name of a Silver Fixed Payout Hedgelet Contract from "Daily" Contract (Old) to "Spot" Contract (New). This Rule amendment will become effective at the start of business on Monday, May 16, 2005. Click here to view the rule amendment.

Should you have any questions or require further information, please contact Compliance Department.

Notice 34.052005

Effective Monday, May 23, 2005, HedgeStreet features new Natural Gas Contracts

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Contracts, represented by Rules 12.50-12.51:

12.50 Natural Gas Hedgelet Contracts
12.51 Natural Gas Variable Payout Hedgelet Contracts

Click here to view the rule additions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 35.053105

Effective Wednesday, June 1, 2005, HedgeStreet features new California Gasoline Contracts

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Contracts, represented by Rules 12.52-12.53:

12.52 California Gasoline Fixed Payout Hedgelet Contracts
12.53 California Gasoline Variable Payout Hedgelet Contracts

Click here to view the rule additions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 36.060305

Effective Tuesday, June 7, 2005, HedgeStreet features new Diesel Contracts

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Contracts, represented by Rules 12.54-12.55:

12.54 Diesel Fixed Payout Hedgelet Contracts
12.55 Diesel Variable Payout Hedgelet Contracts

Click here to view the rule additions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 37.060905

Real-Time Account Funding Commences on Friday, June 10, 2005

HedgeStreet offers to its i) New Members and ii) Members who have not yet funded their HedgeStreet account, the ability to have immediate access to $100 worth of their initial deposit for trading purposes; this new feature is known as Real-Time Account Funding. Click here to view the terms and conditions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 38.061705

HedgeStreet Amends Rule 5.13(a) and Incorporates the addition of Rule 9.5(b), effective Monday, June 20, 2005

Amendments to HedgeStreet Rule 5.13(a) (the "Rule") defining penalties for Members who are in violation of said Rule, as well as the addition of new Rule 9.5(b) informing Members that they may be fined as a penalty of violating rules of HedgeStreet, were submitted to the Commission today. These Rule amendments are intended to impose a penalty fee and administrative action schedule if a Member violates Rule 5.13(a). Click here to view the penalty fee structure.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 39.070105

While Trading Fees are Reduced for Trades Consisting of 1-30 Hedgelets, the Quarterly Maintenance Fee Plan is Eliminated; and the Expiration Date is Extended for the Current Special Free Trade Promotional Offer

Effective July 1, 2005, HedgeStreet trading fees and the range of Hedgelets for which these trading fees apply will be adjusted such that the flat trading fee will now be reduced from $5.00 to $1.50 for trades placed in at least one (1) Hedgelet, up to a maximum of thirty (30) Hedgelets. Additionally, the current Special Free Trade Promotional Offer period has been extended through the end of business on September 30, 2005 ("Promotion Period"). All settlement fees will still apply and members with existing funded accounts (prior to the Promotion's commencement date) are not eligible to participate in this Promotion. Click here to view the revised schedule of trading fees as well as the terms of the Promotion.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 40.071505

Effective Monday, July 18, 2005, Amendment to Market Making Rules Expected to Broaden the Benefits Under Rule 4.4(b)

Pursuant to Commission Regulation §40.6(a), HedgeStreet has submitted to the Commission an amendment to Rule 4.4(b) in order to allow market makers who i) satisfy all of the market maker obligations in HedgeStreet's rules and ii) direct new members to HedgeStreet, an opportunity to share in a percentage of trading fees that are generated in the market maker's Designated Classes* ("Revenue Sharing"). This Revenue Sharing will be based on a percentage of the transaction volume in the contracts to which the market maker is designated as market maker.

* "Designated Classes" are those Classes of contracts in which a market maker has been appointed to abide by all of the market maker obligations defined in HedgeStreet Rule 4.5 as well as the respective market maker agreement.

Click here to view the Rule amendment.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 41.072505

Effective Monday, July 25, 2005, HedgeStreet features new Soybean Production Contracts and Corn Production Contracts

Pursuant to Commission Regulation §40.2 and §40.6, the HedgeStreet Rule and Instrument Committees have approved the addition of the following Contracts, represented by Rules 12.56-12.57:

12.56 Soybean Production Fixed Payout Hedgelet Contracts
12.57 Corn Production Fixed Payout Hedgelet Contracts

Additionally, Rule 12.1(l) now defines the "Two Month Contract" duration.

Click here to view the Rule additions.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 42.080405

Amendments to Crude Oil Fixed Payout Hedgelet Contracts offered under Spot duration and represented by Rule 12.28(f)(i), effective on Thursday, August 4, 2005

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria for the Crude Oil Fixed Payout Contracts, currently offered under Spot duration only.

These Rule amendments will be made effective at the start of business on Thursday, August 4, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 43.081505

Amendments to September Monthly Soybean Fixed Payout Hedgelet Contracts represented by Rule 12.56(f)(ii)(1)-(4), effective today, August 15, 2005

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria for the September Monthly Soybean Fixed Payout Contracts.

These Rule amendments were made effective at the start of business on Monday, August 15, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 44.082205

Amendments to Spot Gold and Spot Silver Fixed Payout Hedgelet Contracts represented by Rule 12.10(f)(i), and Rule 12.29(f)(i), respectively

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria for the Spot Gold and Spot Silver Fixed Payout Contracts.

These Rule amendments were made effective at the start of business on Monday, August 22, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 45.082305

Amendments to Weekly Gasoline Fixed Payout Hedgelet Contracts represented by Rule 12.9(f)(i)(1)-(3)

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria for the Weekly Gasoline Fixed Payout Contracts.

These Rule amendments were made effective at the start of business on Tuesday, August 23, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 46.091505

Amendments to Rules 12.4(f)(i), 12.5(f)(i), 12.6(f)(i), 12.7(f)(i) and 12.50(f)(i)

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the existing Payout Criteria in the Daily Currency Fixed Payout Hedgelet Contracts, listed below:

Currency Exchange EUR/USD
Currency Exchange GBP/USD
Currency Exchange USD/YEN
Currency Exchange USD/CHF

Additionally, the Payout Criteria in the Spot Natural Gas Fixed Payout Hedgelet Contracts were also amended.

These Rule amendments were made effective at the start of business on Thursday, September 15, 2005. Click here to view the Rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 47.092605

Delay in Publication of the New York Prices for the Foreign Currency Market

Due to a delay in the release of the New York prices in the spot EUR/USD, GBP/USD, USD/YEN, USD/CHF foreign currency markets (usually scheduled for daily release at approximately 5PM EST), HedgeStreet is amending the currency strike prices in the Spot Hedgelets and using the 12PM EST price samples for these instruments to be traded on the market, Tuesday, September 27, 2005. HedgeStreet will resume using the 5 PM EST currency prices for the Spot HedgeStreet strike prices to be listed for trading on Wednesday, September 28, 2005, if they are available.

Should you have any questions or require further information, please contact Compliance Department.

Notice 48.093005

Expiration date is extended for the current Special Free Trade Promotional Offer

The current Special Free Trade Promotional Offer (the "Promotion") grants participating HedgeStreet Members free trades over a period of 30 calendar days (to commence upon the time that the member's funds have been deposited for the first time, settled into their account, and such funds are deemed available for use towards trade). Members are eligible for this Promotion as long their respective HedgeStreet accounts are initially funded within the period commencing January 31, 2005 through the end of business on a new expiration date extended (from September 30, 2005) to December 31, 2005 ("Promotion Period"). All settlement fees will still apply and members with existing funded accounts (prior to the Promotion's commencement date) are not eligible to participate in this Promotion. Click here to view the terms of the Promotion.

Should you have any questions or require further information, please contact Compliance Department.

Notice 49.100705

HedgeStreet Extends the Last Trade Date for this Week's Gasoline, California Gas, and Diesel Products

Data Release of Expiration Values is Delayed by Source Agency for HedgeStreet's WEEKLY Gasoline, California Gas, and Diesel Products, due to the Columbus Day Holiday on Monday, October 10, 2005

Due to Columbus Day, the EIA will not be releasing data for Gasoline, California Gas or Diesel on Monday, October 10th. Rather, the expiration values used to settle these contracts will anticipate release on the following business day, Tuesday October 11th. In light of this change, HedgeStreet is extending the Last Trading Day for these weekly contracts by one day only.

Therefore, the Last Trading Day originally scheduled for these weekly contracts on Friday, October 7, 2005 (Old) will now be extended to a Last Trading Day of Monday, October 10, 2005 (New). Settlement for the weekly products will then occur on Tuesday, October 11, 2005 as the EIA intends to release its data on this date.

As a result, the following week's contracts will have a minimized trading schedule, only trading from Wednesday, October 12, 2005 through Friday, October 14, 2005 (Last Trading Day). Since the Last Trading Day for these weekly contracts will revert back to scheduled time, settlement will also resume on Monday October 17, 2005, as usual.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 50.101105

All Soybean and Corn Production Contracts will have a Last Trading Date of Tuesday, October 11, 2005

As of the close of business Tuesday, October 11, 2005, HedgeStreet will not list for trading any new Soybean Production or Corn Production contracts. Therefore, there will be no open interest in any Soybean or Corn Production contracts as the Settlement Date for such contracts is tomorrow, Wednesday, October 12, 2005. The Soybean and Corn Production contract specifications are contained in HedgeStreet Rules 12.56 and 12.57, respectively.

Should you have any questions or require further information, please contact Compliance Department.

Notice 51.101405

Amendment to Rule 12.1(h) - Definition of "Weekly Contracts"

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule Committee has approved an amendment to the existing definition of "Weekly Contracts". While this amendment is designed to more accurately define the listing cycle of those Weekly Contracts which are currently trading, or any Weekly Contracts that may trade in the future, this amendment does not affect the listing cycle of any actively traded Contracts on the HedgeStreet Market.

This Rule amendment was made effective at the start of business on Friday, October 14, 2005. Click here to view the rule amendment.

Should you have any questions or require further information, please contact Compliance Department.

Notice 52.111705

Amendments to the Listing Cycle of Certain Daily, Spot and Weekly Contracts due to the Thanksgiving Day Holiday on November 24, 2005

Pursuant to Commission Regulation 40.2, HedgeStreet is modifying the listing cycle for certain HedgeStreet contracts due to the Thanksgiving Day holiday. The following instruments are affected: Currencies, Gold, Silver, Crude Oil, Natural Gas, Mortgage Rates (1 year and 30 year), Natural Gas Inventories, Crude Oil Inventories, Initial Claims and Gasoline.

Click here to view the specific listing cycle amendments for the contracts listed above.

Should you have any questions or require further information, please contact Compliance Department.

Notice 53.113005

Amendment to Rules 12.29(b), (o) and 12.37(b), (o) - Amendments to the Underlying as it relates to the Listing Cycle for all Silver Contracts

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule and Instrument Committees have approved certain amendments to the current listing cycle of all Fixed Payout and Variable Payout Silver Contracts. As there are currently a limited number of trade prices available in the January 2006 Silver Futures Contracts traded on NYMEX ^® ("SFC"), HedgeStreet would therefore like to commence listing new Silver Contracts based on a sampling of closing trade prices taken from the March 2006 SFC, to commence November 30th, 2005 as there are sufficient SFC trade prices available to HedgeStreet in order to efficiently calculate the Underlying value of these products.

These Rule amendments were made effective at the start of business on Wednesday, November 30, 2005. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 54.120505

Amendment to Listing Schedule of the Non-Farm Payrolls Fixed Payout Contracts

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended, and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission under the Act, HedgeStreet, Inc. has decided not to list the December 2005 Non-Farm Payroll Contracts due to historically low volumes during the month of December. However, HedgeStreet does intend to commence listing the Non-Farm Payroll Contracts in January in accordance with the listing schedule defined in its rules on January 9, 2006.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 55.120805

Market Making Rules Broadening the Benefits Under Rule 4.4(b) are Postponed

Pursuant to Commission Regulation §40.6(a), HedgeStreet hereby withdraws its submission to the Commission dated July 12, 2005. HedgeStreet previously amended its market making rules to offer a revenue sharing benefit to eligible market makers. HedgeStreet has decided to postpone offering the revenue sharing benefit until HedgeStreet has provided the Commission with further notification and information.

Click here to view the Rule amendment.

Please visit www.hedgestreet.com. Should you have any questions or require further information, please contact Compliance Department.

Notice 56.121605

HedgeStreet announces its Year 2006 Holiday Schedule

Pursuant to Section 5c(c) of the Commodity Exchange Act and Commodity Futures Trading Commission ("CFTC") Rule 40.6, by a submission dated November 28, 2005, HedgeStreet notifies the CFTC of its holiday schedule for 2006.

Click here to view the holiday schedule.

Should you have any questions or require further information, please contact Compliance Department.

Notice 57.122905

Various Rule Amendments/ Additions Submitted to the Commission on December 29, 2005, anticipated for effectiveness on January 6, 2006

Pursuant to Commission Regulation §40.2 and §40.6, HedgeStreet has submitted the following to the Commission; i) terms and conditions for new Binary Hedgelet Contracts and amendments to corresponding Rules to accommodate the introduction of such Binary Hedgelets, ii) amendments to the Payout Criteria for certain Variable Payout Hedgelets, iii) its intent to de-list all Hedgelet pairs upon the expiration of all such actively traded Contracts, and, iv) modifications to the listing cycle of certain Contracts.

All fees for the new Binary Hedgelets will be the same fees that are currently posted for the Fixed Payout Hedgelets. The fees applicable to the amended Variable Hedgelets will also remain the same.

Additionally, HedgeStreet is changing the Underlying of its Consumer Price Index ("CPI") Hedgelets by switching from the non-seasonally adjusted CPI for all Urban Consumers to the seasonally-adjusted CPI for all Urban Consumers as reported by the US Department of Labor's Bureau of Labor Statistics.

These Rulebook amendments are anticipated to go into effect by the start of business on Friday, January 6, 2006. Click here to view a discussion of the various rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 58.010506

Introducing HedgeStreet Market Maker Subsidiary Pilot Program

HedgeStreet, Inc. introduces the HedgeStreet Market Maker Subsidiary Pilot Program ("Program"). HedgeStreet will launch the Program for a period of six (6) months to commence on January 6, 2006 until June 30, 2006 in order to promote seed liquidity on the Market.

The Program will go into effect by the start of business on Friday, January 6, 2006. Click here to view a discussion of the Program.

Should you have any questions or require further information, please contact Compliance Department.

Notice 59.010506

HedgeStreet^® to Postpone Listing of new Binary and amended Variable NAR Housing Price Hedgelet Contracts

Pursuant to the Rule certification submitted by HedgeStreet, on December 29, 2005, HedgeStreet notified its members of its intent to list for trading various contracts, including new Binary and amended Variable Real Estate Contracts that have an Expiration Value derived from data reported by the National Association of Realtors ("NAR Contracts"). HedgeStreet is now notifying its members that HedgeStreet has made the decision to postpone the launch of the new Binary and Variable NAR Contracts until further notice.

Should you have any questions or require further information, please contact Compliance Department.

Notice 60.010506

Extension of the Special Free Trade Promotional Offer and Refer-A-Friend Program

The current Special Free Trade Promotional Offer (the "Promotion") grants participating HedgeStreet Members free trades over a period of 30 calendar days (to commence upon the time that the member's funds have been deposited for the first time, settled into their account, and such funds are deemed available for use towards trade)(Notice 48). Members are eligible for this Promotion as long their respective HedgeStreet accounts are initially funded within the period commencing January 31, 2005 through the end of business on a new expiration date extended (from December 31, 2005) to December 31, 2006. All settlement fees will still apply and members with existing funded accounts (prior to the Promotion's commencement date) are not eligible to participate in this Promotion.

HedgeStreet has also extended the Refer-A-Friend Program ("Program") initiated on April 12, 2005 (Notice 26). The Refer-A-Friend Program (the "Program") allows current HedgeStreet members to extend, to other non-member participants, special referrals to register for membership with HedgeStreet and participate in a 60-day offer at no cost to the new member. The Program is set to expire at the close of business on December 31, 2006.

Should you have any questions or require further information, please contact Compliance Department.

Notice 61.011106

Amendments to Gold Binary Hedgelet Contracts offered under Spot duration and represented by Rule 12.66(f)(i)

Pursuant to Commission Regulation 40.6(c)(2)(iv), the HedgeStreet Rule and Instrument Committees have approved amendments to the Payout Criteria for the Gold Binary Contracts, currently offered under Spot duration only.

These Rule amendments will be made effective at the start of business on Wednesday, January 11, 2006. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 62.013106

HedgeStreet Delists Several Monthly Contracts in order to List Weekly Contracts of the same Class

These Rule amendments will be made effective at the start of business on Tuesday, January 31, 2006. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 63.013106

As of the close of business on Tuesday, January 31, 2006, new contracts in the Federal Funds Rate Binary Contracts will no longer be listed

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended ("Act"), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the "Commission") under the Act, the HedgeStreet Rule and Instrument Committees have approved the above-referenced amendments, for effectiveness until further notice.

The Settlement Date for all such Federal Funds Binary contracts (that traded through Monday, January 30, 2006) is today, Tuesday, January 31, 2006.

Should you have any questions or require further information, please contact Compliance Department.

Notice 64.020306

As of the close of business on Friday, February 3, 2006, new contracts in the Nonfarm Payrolls Binary Contracts will no longer be listed

The Settlement Date for all such Nonfarm Payrolls Binary contracts (that traded through Thursday, February 2, 2006) is today, Friday, February 3, 2006.

Should you have any questions or require further information, please contact Compliance Department.

Notice 65.021406

As of the start of business on Tuesday, February 14, 2006, trading commences in the Federal Funds Rate Binary Contracts and Nonfarm Payrolls Binary Contracts

The Federal Funds Rate contract specifications are contained under HedgeStreet Rule 12.64 while the Nonfarm Payrolls contract specifications may be found under HedgeStreet Rule 12.69.

Should you have any questions or require further information, please contact Compliance Department.

Notice 66.021606

HedgeStreet Re-Lists Various Monthly Contracts, Quarterly NAR Contracts and Temporarily De-Lists certain Weekly Contracts

The HedgeStreet Rule and Instrument Committees have approved the re-listing of the following Contracts: Monthly Variable Currency Exchange EUR/USD, GBP/USD, USD/YEN, USD/CHF Hedgelets, Monthly Variable Gasoline, Gold, Crude Oil, Silver, Natural Gas Hedgelets, as well as Quarterly NAR Variable and Binary Real Estate Contracts -- for trading to commence on all such products at the start of business on, Thursday February 16, 2006. HedgeStreet has also de-listed the Weekly Variable Currency Exchange EUR/USD, GBP/USD, USD/YEN, USD/CHF Hedgelets, as well as for Weekly Variable Gasoline, Gold, Crude Oil, Silver, and Natural Gas.

These Rule amendments will be made effective at the start of business on Thursday, February 16, 2006.

Should you have any questions or require further information, please contact Compliance Department.

Notice 67.022706

HedgeStreet Temporarily Reduces the Reporting Levels and Corresponding Speculative Position Limits in (4) Binary Instruments

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended ("Act"), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the "Commission") under the Act, the HedgeStreet Rule and Instrument Committees effect a proportionate reduction in both the a) reporting levels; and b) speculative position limits for the Binary contracts (as represented by their corresponding HedgeStreet Rules) referenced below:

Rule 12.59 Crude Oil Binary Hedgelet Contracts
Rule 12.66 Gold Binary Hedgelet Contracts
Rule 12.68 Natural Gas Binary Hedgelet Contracts
Rule 12.70 Silver Binary Hedgelet Contracts

These Rule amendments will be made effective at the start of business on Monday, February 27, 2006. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 68.040506

HedgeStreet Amends the Reporting Levels of Various Futures Contracts

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended ("Act"), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the "Commission") under the Act, the HedgeStreet Rule and Instrument Committees effect amendments to the reporting levels of the futures contracts referenced below (and as represented by their corresponding HedgeStreet Rules):

Rule 12.30 Currency Exchange EUR/USD Variable Payout Contracts
Rule 12.31 Currency Exchange GBP/USD Variable Payout Contracts
Rule 12.32 Currency Exchange USD/YEN Variable Payout Contracts
Rule 12.33 Currency Exchange USD/CHF Variable Payout Contracts
Rule 12.34 Gasoline Variable Payout Contracts
Rule 12.35 Gold Variable Payout Contracts
Rule 12.36 Crude Oil Variable Payout Contracts
Rule 12.37 Silver Variable Payout Contracts
Rule 12.44 NAR Chicago Variable Payout Contracts
Rule 12.45 NAR Los Angeles Variable Payout Contracts
Rule 12.46 NAR Miami Variable Payout Contracts
Rule 12.47 NAR New York Variable Payout Contracts
Rule 12.48 NAR San Diego Variable Payout Contracts
Rule 12.49 NAR San Francisco Variable Payout Contracts
Rule 12.51 Natural Gas Variable Payout Contracts

These Rule amendments will be made effective at the start of business on Wednesday, April 5, 2006. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 69.042806

Rule Additions representing the listing of Binary Copper Hedgelet Contracts, effective Friday, April 28, 2006

Pursuant to Commission Regulation §40.2 and §40.6, HedgeStreet has submitted the terms and conditions for new Copper Binary Hedgelet Contracts to the Commission.

These Rulebook additions are anticipated to go effective at the start of business on Friday, April 28, 2006. Click here to view a discussion of the rule additions.

Should you have any questions or require further information, please contact Compliance Department.

Notice 70.051606

Amendment to Rules 12.71(f), 12.72(f), 12.73(f), 12.74(f), 12.75(f), and 12.76(f) - with respect to the Payout Criteria for all Binary NAR Contracts

Pursuant to Commission Regulation §40.6, the HedgeStreet Rule and Instrument Committees have approved certain amendments to the current payout criteria of all Binary NAR Contracts represented by the Rules referenced above.

These Rule amendments were made effective at the start of business on Tuesday, May 16, 2006. Click here to view the rule amendments.

Should you have any questions or require further information, please contact Compliance Department.

Notice 71.051606

All NAR Futures Contracts Settle on Monday May 15, 2006 due to Last Trading Date of Friday, May 12, 2006

The Commission was notified that as of the close of business on Monday, May 15, 2006, HedgeStreet will not list for trading any new NAR futures contracts until further notice. The NAR futures contract specifications are contained in HedgeStreet Rules 12.44-12.49 (listed below). All NAR futures contracts that were trading on HedgeStreet had a Last Trading Date of Friday, May 12, 2006. Therefore, there is no open interest in any of the NAR futures contracts as the Settlement Date for such contracts was Monday, May 15, 2006.

Rule 12.44 NAR Chicago Variable Payout Contracts
Rule 12.45 NAR Los Angeles Variable Payout Contracts
Rule 12.46 NAR Miami Variable Payout Contracts
Rule 12.47 NAR New York Variable Payout Contracts
Rule 12.48 NAR San Diego Variable Payout Contracts
Rule 12.49 NAR San Francisco Variable Payout Contracts

Should you have any questions or require further information, please contact Compliance Department.

Notice 72.051706

Rule Additions representing the listing of the Currency Exchange USD/CAD Binary Hedgelet Contracts, effective Wednesday, May 17, 2006

Pursuant to Commission Regulation §40.2 and §40.6, HedgeStreet has submitted to the Commission the terms and conditions for the new Currency Exchange USD/CAD Binary Hedgelet Contracts.

Trading for these products commences at the start of business on Wednesday, May 17, 2006. The corresponding Rulebook additions are also effective on the same date. Click here to view a discussion of the rule additions.

Should you have any questions or require further information, please contact Compliance Department.

Notice 73.052506

Rule Addition representing the new listing of the NAR Boston Binary Hedgelet Contracts, effective Thursday, May 25, 2006

Pursuant to Commission Regulation §40.2 and §40.6, HedgeStreet has submitted to the Commission the terms and conditions for the new NAR Boston Binary Hedgelet Contracts.

Trading for this contract commences at the start of business on Thursday, May 25, 2006. The corresponding Rulebook additions are also effective on the same date. Click here to view a di