HEDGE
Street

June 28, 2006
VIA EMAIL: secretary@cftc.gov

Ms. Eileen A. Donovan

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

1155 21st Street, N.W.

Washington, D.C. 20581

RE: Rule Certification: HedgeStreet® Delists All Monthly Contracts and
Modifies the Trading Schedule of Certain Spot and Weekly Contracts due
to the 4" of July Holiday - Submission pursuant to Commission Regulation

$40.6

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 submits to
the Commission its intent to (i) temporarily delist all Classes of Monthly Variable Payout
Contracts; and (ii) modify the trading cycle of certain Binary and Variable Contracts due to
the 4” of July holiday as described in Exhibit A.

Delisting of Monthly Variable Payout Contracts

HedgeStreet intends to delist the following Classes of Monthly Contracts upon the
Settlement Date of such contracts until further notification to the Commission. Therefore,
there will be no open interest in any of the Contracts to be delisted.

Rule 12.30 Currency Exchange EUR/USD Variable Payout Contracts
Rule 12.31 Currency Exchange GBP/USD Variable Payout Contracts
Rule 12.32 Currency Exchange USD/YEN Variable Payout Contracts
Rule 12.33 Currency Exchange USD/CHF Variable Payout Contracts
Rule 12.34 Gasoline Variable Payout Contracts

Rule 12.35 Gold Variable Payout Contracts

Rule 12.36 Crude Oil Variable Payout Contracts

Rule 12.37 Silver Variable Payout Contracts

Rule 12.51 Natural Gas Variable Payout Contracts

1825 8, Grant Street

Suite 500

‘San Mateo, CA 94402

Tel: 650.638.3500
www.hedgestreet.com Fax: 650.638.3501


HEDGE
Street

Modifications to Trading Cycle for Certain Binary Spot Contracts

HedgeStreet will also modify the trading cycle for the Contracts listed in Exhibit A due to
the 4" of July holiday.

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

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@hedgestrect.com.

Sincerely,

Stephanie Ford
Vice President, Legal & Compliance

ce: Clarissa Manansala — HedgeStreet, Inc.

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


HEDGE
Street

Exhibit A

Rule Number Type of. * Duration Spot Contract Modification due to July 4TM
‘ Contract+ . Js. \ Underlying .” Holiday

Contracts not available for
trading on 7/3 or 7/4 to
commence trading on 7/5 until
7/7 and will settle in accordance
with the listing cycle defined in
HedgeStreet Rules.

Rule 12.36(f)(i) Variable Weekly Crude Oil

Contracts not available for
trading on 7/3 and 7/4 to
commence trading on 7/5 and
will settle in accordance with
the listing cycle defined in
HedgeStreet Rules.

Rule 12.66()() | Binary Spot Gold

Contracts not available for
trading on 7/3 and 7/4 to
commence trading on 7/5 and
will settle in accordance with
the listing cycle defined in
HedgeStreet Rules.

Rule 12.68()(i) | Binary Spot Natural Gas

Contracts not available for
trading on 7/3 and 7/4 to
commence trading on 7/5 and
will settle in accordance with
the listing cycle defined in
HedgeStreet Rules.

Rule 12.70((3) | Binary Spot Silver

Contracts not available for
trading on 7/3 and 7/4 to
commence trading on 7/5 and
will settle in accordance with
the listing cycle defined in
HedgeStreet Rules.

Rule 12.77(9(i) | Binary Spot Copper

Contracts not available for
trading on 7/3 and 7/4 to
commence trading on 7/5 and
will settle in accordance with
the listing cycle defined in
HedgeStreet Rules.

Rule 12.59(f)(i) | Binary Spot Crude Oil

1025 S. Grant Street

Suite 500

San Mateo, CA 94402

Tel: 650.638.3500
www.hedgestreet.com Fax: 650.638.3501