New Member Trading Incentive Program, Effective on Friday November 17, 2006; Refer-A-Friend Program also Amended

108.111706

HedgeStreet will grant an Apple iPod® Shuffle™ to a participant that (i) opens an account on HedgeStreet, (ii) funds the account for the first time with a minimum of $100, (iii) executes at least one (1) trade during the Promotion Period and (iv) is not in violation of any HedgeStreet Rule or the Act ("Incentive Program"). A participant that satisfies all of the terms and conditions of the Incentive Program will be a participant that is eligible to receive an iPod® Shuffle™ by no later than one month after the end of the Promotion Period. The Promotion Period will commence on Friday, November 17, 2006 and will continue on through Friday, December 29, 2006.

In addition, HedgeStreet intends to amend its current Refer-A-Friend Program. The terms and conditions of the Original Referral Program will remain in full force and effect except that the Referrer will receive an iPod® Shuffle™ (valued at approximately $79) for the first Referee that satisfies the requirements of the Original Referral Program. The Referrer will receive an Amazon.com Gift Certificate in the amount of $50 for each of the other two (2) Referees that satisfy the terms and conditions of the Referral Program. The Amended Referral Program will commence on December 1, 2006 and will continue on through December 31, 2006.

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Should you have any questions or require further information, please contact the Compliance Department.