HedgeStreet, Inc. to List Weekly Binary Options for Trading Starting on February 25th, 2008

SAN MATEO, CA, February 15, 2008 -- HedgeStreet, Inc ("Hedgestreet") will list weekly binary options for trading on the HedgeStreet Exchange starting on February 25th, 2008. Weekly binary options will be made available for seven markets: EUR/USD, GBP/USD, USD/YEN, USD/CHF, Gold, Silver, and Crude Oil.

The HedgeStreet Exchange resumed trading on February 11th, 2008 with daily binary option contracts. As a next step, HedgeStreet will be listing weekly expiration binary option contracts for the same core foreign exchange and commodity markets currently served by daily expiration contracts. The new binary options are intended to address the needs of traders who want to hold their option positions overnight or longer than one trading day.

Commenting on the listing of weekly binary options for trading, Yossi Beinart, CEO of HedgeStreet, said:

"Since we re-launched trading, our clients have been asking about when we will list weekly expiration contracts. Because of this demand, we have advanced our timetable and will be adding weekly binary options to the HedgeStreet Exchange starting on February 25th.

With the listing of weekly binary options on the HedgeStreet Exchange, we continue to fulfill our goal of adding many new products and site enhancements in 2008. "

About the Binary Option Contracts Offered for Trading:

On February 25th, 2008, four weekly foreign exchange ("Forex") $100 binary option contracts - EUR/USD, GBP/USD, USD/YEN, USD/CHF - and three weekly commodity $100 binary option contracts - Gold, Silver, and Crude Oil - will start trading.

All seven weekly contracts will trade daily from 8:00 AM to 3:00 PM ET. On settlement date, the foreign exchange contracts will trade until 3:00 PM ET, Gold will trade until 1:30 PM ET, Silver will trade until 1:25 PM ET, and Crude Oil will trade until 2:30 PM ET. All weekly binary options will be offered with a $100 nominal value.

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", "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.