Modification to the Gold Futures Contract delivery month that is used to calculate the Underlying for both the Gold Variable and Gold Binary Contracts (from October 2006 to December 2006)

2006

In summary, HedgeStreet intends to implement these rule amendments for the Daily Gold Binary Contracts on Thursday, August 3, 2006 and the Weekly Binary and Variable contracts on Monday, August 7, 2006.

Daily Gold Binary Contracts - HedgeStreet will change from the October 2006 GFC to the December 2006 GFC on Thursday, August 3, 2006. All Daily Gold Binary Contracts have an Expiration Date of Wednesday, August 2, 2006. Therefore, there will be no open interest in any Daily Gold Binary Contracts that currently have an Underlying of the October 2006 GFC as of the close of business on Wednesday, August 2, 2006.

Weekly Gold Binary and Variable Contracts - HedgeStreet will change from the October 2006 GFC to the December 2006 GFC on Monday, August 7, 2006. All Weekly Gold Binary and Gold Variable Contracts have an Expiration Date of Friday, August 4, 2006. Therefore, there will be no open interest in any Weekly Gold or Binary Contracts that currently have an Underlying of the October 2006 GFC as of the close of business on Friday, August 4, 2006.

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