Pursuant to Commission Regulation §40.6(a), the HedgeStreet Rule and Instrument Committees have approved the re-listing of Weekly Crude Oil contracts, represented by the single rule referenced above. In addition, HedgeStreet is increasing the Settlement Value for such Contracts to $100. As a result of the increase in the Settlement Value amount, HedgeStreet is amending i) the Payout Criteria for the Contracts; and ii) both the reporting level and speculative position limits for these Contracts.
These rule amendments were made effective at the start of business on Tuesday, June 20, 2006. Click here to view the rule amendments.
Should you have any questions or require further information, please contact the Compliance Department.