Susquehanna and DRW to Make Markets on HedgeStreet(R).

SIG, DRW Join CBOE as investors in Strategic Alliance with HedgeStreet

SAN MATEO, Calif. -- HedgeStreet([R]), (http://www.hedgestreet.com/), the first all-electronic Event Derivatives Exchange, announced today that Susquehanna International Group (SIG) and DRW Trading Group (DRW) have launched market-making services on the HedgeStreet Exchange.

In addition, SIG and DRW have taken investment positions in HedgeStreet. Together with a second investment from the Chicago Board Options Exchange (CBOE), HedgeStreet has closed its latest funding round.

"With SIG and DRW, two of the largest and best market-making firms in the world, we expect better pricing, larger sizes, and narrower spreads for our trading members. We expect their influence to be profound as they phase in their participation on our Exchange. In addition, HedgeStreet plans to launch a compelling institutional platform later this year. That new platform will carry a similar range of contracts, in larger denominations," said Stephen Race, Chairman and CEO of HedgeStreet.

Eric Noll, Global Head of Strategic Relationships for SIG, said, "We're very excited about the alliance with HedgeStreet. HedgeStreet reaches a broader range of traders, who we believe will benefit from our twenty years of market making expertise."

Donald Wilson, CEO of DRW, said, "HedgeStreet is breaking down barriers for the retail trading community. By introducing Binary options, HedgeStreet offers a simpler way for the average investor to trade directly on an Exchange in markets that were previously hard to access. We want to be a part of this new and growing marketplace."

William Brodsky, CBOE Chairman and CEO, added, "This strategic alliance enhances HedgeStreet's ability to launch innovative new products. CBOE's continued equity investment and alliance with HedgeStreet demonstrates our commitment to further developing this unique market."

HedgeStreet, which launched in 2004, offers Binary options on a variety of foreign currencies, commodities, real estate, hurricanes, and more. A Binary option is a contract between traders where the Buyer takes the position that a certain event will happen on the expiration date, and the Seller takes the position that it will not. This makes a Binary option a contract with a fixed payout of either $100 or $0, depending on the outcome of the event. With a deposit of just $100, any US resident can start trading on the HedgeStreet Exchange.

Susquehanna International Group, LLP is the parent company to The Susquehanna International Group of companies (SIG). Headquartered in Bala Cynwyd, Pennsylvania, SIG is a leading financial institution focusing on trading and market making, investment banking, institutional sales and research, private equity and venture capital. SIG makes markets in more than 10,000 financial products, including equities, fixed income, energy, currencies and commodities. SIG is among the nation's largest option market makers, is the leading sector index options trading firm and is one of the largest liquidity providers in ETFs. To drive its continued growth, SIG leverages its highly dynamic, internally developed quantitative trading tools and technology to assist in its market making operations. SIG's global reach spans more than 12 offices across North America, Europe and Asia. For more information, please visit www.sig.com.

DRW (www.drwtrading.com ) is a proprietary trading organization founded by Donald R. Wilson Jr. in 1992. DRW specializes in market-making with a heavy emphasis on modeling and technology. The Group has grown significantly and now trades a diverse range of financial instruments on the floors of various exchanges and from its advanced dealing rooms in Chicago, New York, and London.

The Chicago Board Options Exchange (CBOE), (www.cboe.com), the largest U.S. options exchange and the creator of listed options, is regulated by the Securities and Exchange Commission (SEC). Additional information about the CBOE and its products can be accessed through the CBOE website.

About HedgeStreet

HedgeStreet Inc. is the only U.S. designated market that lets online investors trade innovative financial instruments based on economic events. A designated contract market (DCM) and a registered derivatives clearing organization (DCO), HedgeStreet is subject to regulatory oversight by the Commodity Futures Trading Commission (CFTC). For more information, visit www.hedgestreet.com.