Should you have any questions or require additional information, please do not hesitate to
contact the undersigned at (650) 638-3511 or sford/@hedgestreet.com.

Sincerely,

Stephanie Ford
Vice President, Legal & Compliance

ce: Riva Adriance — CFTC
Toby Kaczensky — CFTC
Clarissa Manansala ~ HedgeStreet, Inc.

www.hedgestreet.com

1925 S. Grant Street
Suite 500

San Mateo, CA 94402
Tel: 650.638.3500
Fax: 650.638.3501


HEDGE
Street.

December 29, 2006

VIA EMAIL: secretary@efte.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: HedgeStreet, Inc. Amends the HedgeStreet Refer-A-Friend Program
and Extends such Program for One (1) Month

Dear Acting Secretary Donovan:

Pursuant to Section Sc(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 extend its current Refer-a-Friend
Program which was originally certified to the Commission on April 13, 2005 with
an amendment to such referral program submitted to the Commission on April 14,
2005 with an extension of such referral program submitted to the Commission on
January 5, 2006 (collectively “Original Referral Program”). HedgeStreet amended
the Original Referral Program on November 16, 2006 in order to replace one of the
Incentives with an iPod® shuffleTM' (“Amended Referral Program”). HedgeStreet
will now be extending the Original Referral Program for one (1) additional month
and will replace the iPod® shuffleTM Incentive offered in the Amended Referral
Program with a $50 Amazon.com? Gift Certificate in accordance with the Original
Referral Program. In other words, all of the terms and conditions of the Original
Referral Program will be in full force and effect starting on January 2, 2007. The
Referrer will receive an Amazon.com Gift Certificate in the amount of $50 for each
of the three (3) Referees that satisfy the terms and conditions of the Original

' iPod® is a registered trade mark of the Apple Computer, Inc. ShuffleTM is a trade mark of Apple
Computer, Inc. HedgeStreet, Inc. is not affiliated with the Apple Computer, Inc. and neither the
Apple Computer, Inc. nor its affiliates, sponsor or endorse HedgeStreet, Inc. in any way.

2 Amazon.com® is a registered trade mark of Amazon.com, Inc. HedgeStreet, Inc. is not affiliated

with the Apple Computer, Inc. and neither the Amazon.com, Inc, nor its affiliates, sponsor or endorse
HedgeStreet, Inc. in any way.

www.hedgestreet.com

1825 S. Grant Street
Suite 500

San Mateo, CA 94402
Tel: 650.638.3500
Fax: 650.638.3501


HEDGE
Street.

Referral Program. The Referees will receive sixty (60) days of free trading. The
Original Referral Program will be extended through Wednesday, January 31, 2007.

No substantive opposing views were expressed to HedgeStreet with respect to
amending and/or extending the Original Referral Program.

HedgeStreet hereby certifies that the Promotion complies with the Commodity
Exchange Act, as amended, and the Commissions regulations adopted thereunder.

Should you have any questions or require additional information, please do not
hesitate to contact the undersigned at (650) 638-3511 or sford@hedgestreet.com.

Sincerely,

Stephanie Ford
Vice President, Legal & Compliance

ce: Riva Adriance — CFTC
Clarissa Manansala — HedgeStreet, Inc.

1825 S. Grant Street

www.hedgestreet.com



December 29, 2006

VIA EMAIL: secretary @cfic.gov

Ms. Eileen A. Donovan

Secretary of the Commission
Commodity Futures Trading Commission
3 Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

RE: Certification: HedgeStreet Free Trade Promotional Offer — Extension
Dear Secretary Donovan:

HedgeStreet, Inc. (“HedgeStreet”), a designated contract market (“DCM”) and derivatives
clearing organization (“DCO”), hereby notifies the Commission that HedgeStreet is
extending its Special Free Trade Promotional Offer (the “Free Trade Promotion”). For the
purposes of this extension, HedgeStreet is relying on its initial filing (which introduces the
Promotion’s terms and conditions) previously submitted to the Commission on January 28,
2005. The Promotion was later amended on four separate occasions to a) extend the
Promotion period by three months (April 1, 2005 — June 30, 2005) on March 22, 2005; b)
to extend the Promotion period by an additional three months (July 1, 2005 — September
30, 2005) on June 29, 2005; c) to extend the Promotion period by an additional three
months (September 30, 2005 — December 31, 2005) on September 26, 2005; and lastly d) to
extend the Promotion period by one year from (December 31, 2005 — December 31, 2006)
on January 5, 2006.

The Promotion

As a fully electronic, non-intermediated, retail-based contract market, HedgeStreet is
primarily focused on the retail investor and optimizing his/her trading experience as an
exchange member. By providing an incentive for members to trade, HedgeStreet continues
to implement ways of increasing market liquidity while gaining new market data in the
products currently offered on the exchange. There is a limit of one (1) member participant
per household.

Regulatory Issues
HedgeStreet hereby certifies that the Promotion complies with the Commodity Exchange
Act, as amended, and the Commissions regulations adopted thereunder.

The purpose of this letter is to notify the Commission of HedgeStreet’s intention to extend
the period of effectiveness for the Special Free Trade Promotional Offer through Friday,
March 30, 2007.

1925 S. Grant Street
‘Suite 500,
San Mateo, CA 94402
Tel: 650.638.3500
www-hedgestreet.com 1 Fax: 650.638.2501