HedgeStreet Amends Rule 1.1(a), Increases the Maximum Settlement Value for Various Binary Contracts from $10 to $100, and Modifies the Minimum Tick Size in the Same Contracts

Pursuant to Commission Regulation §40.6(a), the HedgeStreet Rule and Instrument Committees have approved the above-referenced actions.

As a result of the increase in the maximum Settlement Value amount, HedgeStreet is amending the reporting level for these Contracts and the Minimum Tick size in order to accommodate the larger maximum Settlement Value.

HedgeStreet will first issue the Contracts with the increased Settlement Value and Minimum Tick size on Wednesday, November 1, 2006. Since the current Contracts that have a Settlement Value of $10 and a Minimum Tick of $.05 have a Last Trade Date of Tuesday, October 31, 2006, there will be no open interest in such Contracts upon the close of business on Tuesday, October 31, 2006.

Click here to view the rule amendments.