Hedge Street, Inc. engages in the ownership and operation of an Internet-based marketplace that enables traders to hedge against or speculate on economic events and price movements. The company’s site, www.hedgestreet.com, enables members to trade event derivative contracts in various markets, including commodities and currencies, economic indicators, employment, fuel, housing prices, inflation, and interest and mortgage rates. It has strategic relationships with Susquehanna International Group and DRW Trading Group.
Hedge Street, Inc. was founded in 2004 and is based in Chicago, Illinois. As of December 6, 2007, Hedge Street, Inc. operates as a subsidiary of IG Group Holdings Plc.