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

2006

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 the Compliance Department.