HedgeStreet Introduces Daily Spread Contracts in place of Weekly Bungees
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act and Commission Regulation §40.6(a) and with an effective date of Monday, April 27, 2009, HedgeStreet is amending the payout criteria and other provisions for the certain Variable Contracts (which will also be referred to as "Spread(s)" and "Narrow Spread(s)" contracts) as defined in the following Rules:
RULE 12.2 CURRENCY EXCHANGE EUR/USD VARIABLE PAYOUT CONTRACTS
RULE 12.3 CURRENCY EXCHANGE GBP/USD VARIABLE PAYOUT CONTRACTS
RULE 12.4 CURRENCY EXCHANGE USD/YEN VARIABLE PAYOUT CONTRACTS
RULE 12.5 CURRENCY EXCHANGE USD/CHF VARIABLE PAYOUT CONTRACTS
RULE 12.7 GOLD VARIABLE PAYOUT CONTRACTS
RULE 12.8 CRUDE OIL VARIABLE PAYOUT CONTRACTS
RULE 12.9 SILVER VARIABLE PAYOUT CONTRACTS
RULE 12.16 NATURAL GAS VARIABLE PAYOUT CONTRACTS
RULE 12.44 WHOLESALE GASOLINE VARIABLE PAYOUT CONTRACTS
RULE 12.49 CURRENCY EXCHANGE USD/CAD VARIABLE PAYOUT CONTRACTS
RULE 12.77 FTSE 100® FUTURE VARIABLE PAYOUT CONTRACTS
RULE 12.78 GERMANY 30 VARIABLE PAYOUT CONTRACTS
RULE 12.79 COPPER VARIABLE PAYOUT CONTRACTS
HedgeStreet will also de-list from trading all Weekly duration Variable Payout contracts contained in HedgeStreet Rules listed above until further notice to the Commission.
Click here to view the rule amendments.