Street

Warrants

Subject to the terms and conditions defined in the Warrant Agreement, which was
submitted under Appendix B of the Original Submission pursuant to Commission
Regulation §145.9, the parent of Market Maker 2 may exercise the warrants and

purchase from HedgeStreet, preferred shares in amounts defined in such Original
Submission.


Street

Market Maker 2 Program

Market Maker 2 Obligations

Commencing on or before March 1, 2007 (“Effective Date”) and continuing for an
initial period of two (2) years, unless terminated in accordance with the terms of the
market maker agreement, Market Maker 2 shall, at least 95% of the time, in normal
market conditions quote on the HedgeStreet exchange two sided markets equal to
or inside of the maximum spread at a defined minimum size in all current
HedgeStreet products defined in Table 2 at a minimum between the times of 6AM -
2PM Pacific Time.

$100 Copper Binary
$100 Gold Binary
$100 Silver Binary
$100 EUR/USD
$100 GBP/USD
$100 USD/CAD
$100 USD/CHF

$100 USD/YEN

$100 CRUDE OIL
$100 HEATING OIL,
$100 NATURAL GAS

$100 HURRICANES BINARIES
$100 ECONOMIC

DERIVATIVES BINARIES
100 Fed Funds Binarie:
(Front meeting)

Market Maker 2 Benefits

As consideration for fulfilling the aforementioned obligations, Market Maker 2 will
receive one or more of the following benefits:

No Fees

Market Maker 2 shall not be required to pay any transaction-based Exchange Fees
to HedgeStreet during the first six (6) months following the Effective date. After the
expiration of said six (6) month period, the Exchange Fees will be set by
HedgeStreet with the approval of its Board, but subject to certain conditions,
restrictions and limitations set forth in the Market Maker Agreement.


HEDGE
Street

February 14, 2007

VIA EMAIL: secretary@cftc.gov

Ms. Eileen Donovan

Acting Secretary of the Commission
Commodity Futures Trading Commission
3 Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

RE: Certification: HedgeStreet provides Additional Information on Two (2)
Market Maker Programs originally submitted to the Commission on
January 26, 2007— Submission pursuant to Commission Regulation

§40.6(a)
Dear Acting Secretary Donovan:

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, HedgeStreet, Inc. (“HedgeStreet’) certifies with the
Commission amendments to the two (2) market maker programs (collectively “Market
Maker Programs”) that were both originally submitted to the Commission on January 26,
2007 (“Original Submissions”). Additional information relating to the Market Maker
Programs was submitted under confidential treatment in the Original Submission pursuant
to Commission Regulation §145.9.

All additional information relating to each of the Market Maker Programs are found in
Exhibit A. The terms Market Maker 1 and Market Maker 2 referred to in Exhibit A are used
solely for the purpose of distinguishing the obligations and benefits of each market maker.
There were no substantive opposing views expressed in approving these amendments.

Should you have any questions regarding the above, please do not hesitate to contact the
undersigned by telephone at (650) 638-3511 or by email at sford@hedgestreet.com.

Sincerely,

Stephanie Ford
Vice President, Legal & Compliance

ce: Clarissa Manansala — HedgeStreet, Inc.
Riva Adriance - Commodity Futures Trading Commission


EXHIBIT A
Market Maker 1 Program

Market Maker 1 Obligations

Commencing on February 1, 2007 (“Effective Date”) and continuing for an initial
period of two (2) years, unless terminated in accordance with the terms of the
market maker agreement, Market Maker 1 shall, in normal market conditions
(unless prevented from doing so as a result of market anomalies or as otherwise
provided in accordance with the terms of the market maker agreement)
continuously quote on the HedgeStreet exchange competitive, non-exclusive two
sided markets inside of the maximum spread at a defined minimum size in all
current HedgeStreet products defined in Table 1 at a minimum between the times
of 6AM - 2PM Pacific Time.

$100 Copper Binary

$100 Gold Binary

$100 Silver Binary

$100 EUR/USD

$100 GBP/USD

$100 USD/CAD

$100 USD/CHF

$100 USD/YEN

$100 CRUDE OIL

$100 HEATING OIL

$100 NATURAL GAS
$100 HOUSING BINARIES
$100 HURRICANES BINARIES
$100 ECONOMIC
DERIVATIVES BINARIES
$100 Fed Funds Binaries
$100 FUTURES

Market Maker 1 Benefits

As consideration for fulfilling the aforementioned obligations, Market Maker 1 or
another related or affiliated entity will receive benefits, including, but not limited to,
the following:

Fee Waiver Period


HEDGE
Street

Market Maker 1 shall not be required to pay any transaction-based exchange fees
to HedgeStreet during the first six (6) months following the Effective Date. After
the expiration of said six (6) month period, the exchange fees will be set by
HedgeStreet with the approval of its Board in accordance with the terms of the
market maker agreement.

Warrants

Subject to the terms and conditions defined in the Warrant Agreement, which was
submitted under Appendix B of the Original Submission pursuant to Commission
Regulation §145.9, Market Maker 1 shall subscribe for and purchase, from
HedgeStreet, warrants that are exercisable into preferred shares in amounts
defined in such Original Submission.