Exhibit A

HEDGE
Street

(11) Binary Hedgelet Contract 4011: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0100.

(12) Binary Hedgelet Contract 412: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0125.

(13) Binary Hedgelet Contract 13: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0150.

(14) [except for renumeration, this rule is unchanged]
(iii) [unchanged]
(iv) [unchanged]
(g) - (0) [unchanged]

RULE 12.61 CURRENCY EXCHANGE GBP/USD BINARY HEDGELET
CONTRACTS

(a) - (e) [unchanged]

(f) PAYOUT CRITERION - The Payout Criterion for each Contract will
be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
GBP/USD Binary Hedgelet Contract, the Payout Criteria for the Contracts will be

set as follows:
(i) DAILY GBP/USD BINARY CONTRACTS

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0150.

(2) Binary Hedgelet Contract 42: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) ~ 0.0125.

(3) Binary Hedgelet Contract 23: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.01.

(4) Binary Hedgelet Contract 34: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0075.

(5) Binary Hedgelet Contract 45: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.005.

www.hedgestreet.com

1825 S. Grant Street
Sulte 500

San Mateo, CA 94402
Tel: 650.638.3500
Fax: 650.638.3501


Exhibit A

HEDGE
Street

(7) Binary Hedgelet Contract $7: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) + $2.50.

(8) Binary Hedgelet Contract 68: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) + $5.00.

(9) Binary Hedgelet Contract 79: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) + $7.50.

(10) Binary Hedgelet Contract 10: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest $2.50) + $10.00.

(11) Binary Hedgelet Contract 11: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest $2.50) + $12.50.

(12) [except for renumeration, this rule is unchanged]
(ii) [unchanged]
(iii) [unchanged]
(g) - (0) [unchanged]
RULES 12.67 — 12.77 [unchanged]

RULE 12.78 CURRENCY EXCHANGE USD/CAD BINARY HEDGELET
CONTRACTS

(a) - (e) [unchanged]

(f) PAYOUT CRITERION -— The Payout Criterion for each Contract will
be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
USD/CAD Binary Hedgelet Contract, the Payout Criteria for the Contracts will be

set as follows:
(i) SPOT USD/CAD BINARY CONTRACTS

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0150.

(2) Binary Hedgelet Contract 42: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0125.

werw.hedgestreet.com

1825 S. Grant Street
‘Suite 500

San Mateo, CA 94402
Tel: 650.638.3500
Fax: 650.638.3501


Exhibit A

HEDGE
Street

(2) Binary Hedgelet Contract 42: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 1.25.

(3) Binary Hedgelet Contract 23: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 1.0.

(4) Binary Hedgelet Contract 34: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 0.75.

(5) Binary Hedgelet Contract 45: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 0.50.

(6) Binary Hedgelet Contract $6: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 0.25.

(7) Binary Hedgelet Contract 67: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25).

(8) Binary Hedgelet Contract 78: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) + 0.25.

(9) Binary Hedgelet Contract 89: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) + 0.5.

(10) Binary Hedgelet Contract 910: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) + 0.75.

(11) Binary Hedgelet Contract 4011: One Contract will have a
Payout Criterion of greater than X (rounded to the nearest 0.25) + 1.0.

(12) Binary Hedgelet Contract 412: One Contract will have a
Payout Criterion of greater than X (rounded to the nearest 0.25) + 1.25.

(13) Binary Hedgelet Contract 13: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) + 1.50.

(14) [except for renumeration, this rule is unchanged]
(ii) [unchanged]

(g) - (0) [unchanged]

1825 S. Grant Street
Suite 500
San Mateo, CA 94402

Tel: 650.638.3500
www.hedgestreet.com Fax: 650.638.3501


Exhibit A

HEDGE
Street

(6) Binary Hedgelet Contract $6: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) — 0.0025.

(7) Binary Hedgelet Contract 67: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025).

(8) Binary Hedgelet Contract 78: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0025.

(9) Binary Hedgelet Contract $9: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.005.

(10) Binary Hedgelet Contract 910: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0075.

(11) Binary Hedgelet Contract 4011: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.01.

(12) Binary Hedgelet Contract 12: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0125.

(13) Binary Hedgelet Contract 13: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0150.

(14) [except for renumeration, this rule is unchanged]
(ii) [unchanged]
(g) - (0) [unchanged]

RULE 12.62 CURRENCY EXCHANGE USD/YEN BINARY HEDGELET
CONTRACTS

(a) - (e) [unchanged]

(f) PAYOUT CRITERION -— The Payout Criterion for each Contract will
be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
USD/YEN Binary Hedgelet Contract, the Payout Criteria for the Contracts will be

set as follows:
(i) DAILY USD/YEN BINARY CONTRACTS

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.25) — 1.50.

www.hedgestreet.com

1625 S. Grant Street
Sulte 500

‘San Mateo, CA 94402
Tel: 850.638.3500
Fax: 650.638.3501


* Exhibit A

HEDGE
Street

(12) Binary Hedgelet Contract H-12: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0125.

(13) Binary Hedgelet Contract 13: One Contract will have a Payout

Criterion of greater than X (rounded to the nearest 0.0025) + 0.0150.

(14) [except for renumeration, this rule is unchanged]
(ii) [unchanged]
(g) - (0) [unchanged]
RULES 12.64-12.65 [unchanged]
RULE 12.66 GOLD BINARY HEDGELET CONTRACTS

(a) - (e) [unchanged]

(f) PAYOUT CRITERION - The Payout Criterion for each Contract will

be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
Gold Binary Hedgelet Contract, the Payout Criteria for the Contracts will be set as

follows:

(i) DAILY GOLD BINARY CONTRACTS, 11:30 AM (ET)

and 1:30 PM (ET) CLOSE

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) - $12.50.

(2) Binary Hedgelet Contract 2: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) - $10.00.

(3) Binary Hedgelet Contract 43: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) - $7.50.

(4) Binary Hedgelet Contract 24: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) - $5.00.

(5) Binary Hedgelet Contract 35: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50) - $2.50.

(6) Binary Hedgelet Contract 46: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest $2.50).

www.hedgestreet.com

1825 S. Grant Street
Sulte 500

San Mateo, CA 94402
Tel: 650.638.3500
Fax: 650.638.3501


ECEIVE
ZF rai
— IMS AUG -1 PH 16

Street

OFC. GF THE SECRETARIAT
August 1, 2006

VIA EMAIL: secretary@ecfte.gov

Ms. Eileen A. Donovan, Acting Secretary
Secretary of the Commission
Commodity Futures Trading Commission
3 Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

RE: Rule Certification: HedgeStreet® Amends the Daily/ Spot Payout
Criteria in Various Binary Contracts — Submission pursuant to
Commission Regulation §40.6(a)

Dear 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’”)
hereby certifies with the Commission its intent to amend the Payout Criteria in the
following Binary Contracts:

Rule 12.60 Currency Exchange EUR/USD Binary Hedgelet Contracts
Rule 12.61 Currency Exchange GBP/USD Binary Hedgelet Contracts
Rule 12.62 | Currency Exchange USD/YEN Binary Hedgelet Contracts
Rule 12.63 Currency Exchange USD/CHF Binary Hedgelet Contracts
Rule 12.66 Gold Binary Hedgelet Contracts

Rule 12.78 Currency Exchange USD/CAD Binary Hedgelet Contracts

The amendments to the Payout Criteria for the above-referenced Contracts are
defined in Exhibit A. Any rule deletions are stricken out while the amendments
and/or additions are underlined.

HedgeStreet intends to implement these rule additions/ amendments on Wednesday,
August 2, 2006.

No substantive opposing views were expressed to HedgeStreet with respect to these
amendments.

1825 S. Grant Street
Suite 500

‘San Mateo, CA 94402
Tel: 650.638.3500

www.hedgestreet.com Fax: 650.638.3501


Exhibit A

HEDGE
Street

(3) Binary Hedgelet Contract 23: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.01.

(4) Binary Hedgelet Contract 34: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0075.

(5) Binary Hedgelet Contract 45: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.005.

(6) Binary Hedgelet Contract $6: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0025.

(7) Binary Hedgelet Contract 67: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025).

(8) Binary Hedgelet Contract 78: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0025.

(9) Binary Hedgelet Contract 89: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.005.

(10) Binary Hedgelet Contract 910: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0075.

(11) Binary Hedgelet Contract 4011: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.01.

(12) Binary Hedgelet Contract H-12: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0125.

(13) Binary Hedgelet Contract 13: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0150.

(14) [except for renumeration, this rule is unchanged]
(ii) [unchanged]
(g) - (0) [unchanged]
RULES 12.79 — 12.84 [unchanged]

[End Rulebook]

1825 S. Grant Street
Sulte 500
‘San Mateo, CA 94402
Tel: 650.638.3500
www.hedgestreet.com Fax: 650.638.3501


Exhibit A

HEDGE
Street

RULE 12.63 CURRENCY EXCHANGE USD/CHF BINARY HEDGELET
CONTRACTS
(a) - (e) [unchanged]

(f) PAYOUT CRITERION -— The Payout Criterion for each Contract will
be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
USD/CHF Binary Hedgelet Contract, the Payout Criteria for the Contracts will be
set as follows:

(i) DAILY USD/CHF BINARY CONTRACTS

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) ~ 0.0150.

(2) Binary Hedgelet Contract 42: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0125.

(3) Binary Hedgelet Contract 23: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.01.

(4) Binary Hedgelet Contract 34: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0075.

(5) Binary Hedgelet Contract 45: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.005.

(6) Binary Hedgelet Contract 56: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) — 0.0025.

(7) Binary Hedgelet Contract 67: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025).

(8) Binary Hedgelet Contract 78: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0025.

(9) Binary Hedgelet Contract 89: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.005.

(10) Binary Hedgelet Contract 910: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0075.

(11) Binary Hedgelet Contract 4011: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.01.

1825 S. Grant Street
‘Suite 500
San Mateo, CA 94402
Tel: 650.638.3500
www.hedgestreet.com Fax: 650.638.3501


Exhibit A

HEDGE
Street

(9) Binary Hedgelet Contract 79: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0075.

(10) Binary Hedgelet Contract 10: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0100.

(11) Binary Hedgelet Contract 11: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0125.

(12) [except for renumeration, this rule is unchanged]

(ii) DAILY EUR/USD BINARY CONTRACTS, 8 PM (ET)
CLOSE

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0150.

(2) Binary Hedgelet Contract 42: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0125.

(3) Binary Hedgelet Contract 22: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0100.

(4) Binary Hedgelet Contract 34: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0075.

(5) Binary Hedgelet Contract 45: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0050.

(6) Binary Hedgelet Contract 56: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0025.

(7) Binary Hedgelet Contract 67: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025).

(8) Binary Hedgelet Contract 78: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0025.

(9) Binary Hedgelet Contract 89: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0050.

(10) Binary Hedgelet Contract 910: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0075.

1825 S. Grant Street
Suite 500
‘Sen Mateo, CA 94402
Tel: 650.638.3500
wwrw.hedgestreet.com Fax: 650.638.3501


2 Exhibit A

HEDGE
Street

EXHIBIT A

Amendments to Rules 12.60-12.63, 12.66, and 12.78
(The following new Rule additions are underlined and deletions are stricken out)

’ RULE 12.60 CURRENCY EXCHANGE EUR/USD BINARY HEDGELET
CONTRACTS

(a) - (e) [unchanged]

(f) PAYOUT CRITERION — The Payout Criterion for each Contract will
be set by HedgeStreet at the time the Binary Contracts are initially issued. For the
EUR/USD Binary Hedgelet Contract, the Payout Criteria for the Contracts will be
set as follows:

(i) DAILY EUR/USD BINARY CONTRACTS, 12 PM (ET)
and 3 PM (ET) CLOSE

(1) Binary Hedgelet Contract 1: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0125.

(2) Binary Hedgelet Contract 2: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0100.

(3) Binary Hedgelet Contract 43: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0075.

(4) Binary Hedgelet Contract 24: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0050.

(5) Binary Hedgelet Contract 35: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) - 0.0025.

(6) Binary Hedgelet Contract 46: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025).

(7) Binary Hedgelet Contract $7: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0025.

(8) Binary Hedgelet Contract 68: One Contract will have a Payout
Criterion of greater than X (rounded to the nearest 0.0025) + 0.0050.

www.hedgestreet.com Fax: 650.638.3501


HEDGE
Street

Should you have any questions regarding the above, please do not hesitate to
contact Stephanie Ford by telephone at (650) 638-3511 or by email at

sford@hedgestreet.com.

Sincerely,

Stephanie Ford
Vice President, Legal & Compliance

ce: Tom Leahy — CFTC
Phil Colling - CFTC
Clarissa Manansala — HedgeStreet , Inc.

1825 S. Grant Street

Sulte 500

San Mateo, CA 94402

Tel: 650.638.3500
wwwhedgestreet.com Fax: 650.638.3501