New HedgeStreet Intraday Contract Features

CHICAGO, December 8, 2008 - HedgeStreet, Inc., the first regulated, retail-focused futures exchange in the US for online binary options trading, announced that it will be making certain improvements to its Intraday Contracts beginning December 08, 2008. These new intraday binary features will give HedgeStreet members the opportunity to take advantage of additional short-term binary option contracts using a more streamlined and innovative structure on the HedgeStreet Exchange.

First, HedgeStreet is removing the "<=" strike for all existing intraday assets and close times. In other words, the intraday offerings currently include both an "Up" and a "Down" contract and the Exchange is discontinuing the "Down" contracts. The intraday contracts will now consist only of ">" strikes (or the "Up") for all assets and close times. With this change, all the binary contracts on the Exchange will be ">" contracts that require the underlying price to expire above the option's strike price for a buyer to finish in-the-money.

Second, HedgeStreet will offer 3 strike levels for all intraday expirations. For each intraday asset and close time, members will be able to choose the intraday strike levels at which they want to trade.

Third, HedgeStreet will add new intraday expirations on Forex and Commodities. Intraday binary option contracts will be expanded to include the following six trading periods for Forex: 8-10am, 9-11am, 10am-12pm, 11am-1pm, 12-2pm, and 1-3pm (ET). Crude Oil, Gold and Silver intraday binary options will now cover the periods 8-10am, 9-11am, 10am-12pm, 11am-1pm and, with respect to only Crude Oil, 12-2pm (ET).

Lastly, HedgeStreet is adding intraday binaries for Equity Index assets, including the Germany 30 and FTSE 100^®. For these equity index products, intraday binary option contracts will be offered daily during the following seven trading periods: 8-10am, 9-11am, 10am-12pm, 11am-1pm, 12-2pm, 1-3pm and 2-4pm (ET).

These additional intraday intervals overlap one another by one hour. Therefore, throughout most of the trading day, members will have the chance to trade more than one interval at a time. Settled funds will be made available shortly after the specified close time for each intraday contract, when the Expiration Values have been calculated and settlement is completed for the relevant intraday trading period.

About HedgeStreet
HedgeStreet owns and operates the HedgeStreet Exchange, which allows online investors to trade innovative financial instruments. A designated contract market and a registered derivatives clearing organization, HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission.

HedgeStreet is a wholly-owned subsidiary of IG Group and is headquartered in Chicago, Illinois. For more information, visit www.hedgestreet.com.

About IG Group
IG Group is a UK-based financial services firm. IG Group is listed on the London Stock Exchange (symbol: IGG.L), and is a member of the FTSE 250 index.

IG Group has trading operations in the UK, Australia, France, Germany, Spain, and Singapore.

Warning: Forward Looking Statements
This announcement contains forward-looking statements, including such statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements concern or may affect future matters, such as HedgeStreet's future economic results, business plans and strategies, and are based upon the current expectations of the HedgeStreet management. They are subject to a number of risks and uncertainties that might cause actual results and events to differ materially from the expectations expressed in the forward-looking statements. Forward-looking statements include statements typically containing words such as "intends", "expects", "anticipates", "plans", and "estimates". Factors that could cause or contribute to differences in current expectations include, but are not limited to, regulatory developments, competitive conditions, technological developments and general economic conditions. HedgeStreet assumes no responsibility to update any of the forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise, except to the extent legally required.