HedgeStreet® to Change Exchange Hours; Amends Order Entry Rule; Adds Express Limitation On Trading By Certain Affiliates, Amends the Underlying Futures Contract Cycle for all Binary Payout Gold, Silver, and Crude Oil Contracts; For Certain Other Binary Co
HedgeStreet certified with the CFTC its intent to effect on Monday, February 11, 2008, amendments to the Order Entry process whereby the order confirmation number for each order will be posted on the member's Order and Order History account pages instead of being sent electronically via email from the Exchange. HedgeStreet Rule 5.4(c) was amended to reflect this change.
HedgeStreet is adding Rule 2.9 to include a specific prohibition against any personal trading on HedgeStreet by any affiliate of HedgeStreet or any employee thereof, except for duly authorized market makers. HedgeStreet intends to implement this new rule starting on Monday, February 11, 2008.
Pursuant to Commission Regulation §40.6(a), the HedgeStreet Rule and Instrument Committees have approved the above-referenced actions to various binary contracts on the exchange.
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