Nadex Notices - 2014

Nadex service and product changes

Please use this page to stay up-to-date with any changes to our products and services.

Note: On June 21, 2009, Nadex became the new name for HedgeStreet. For Notices issued before June 21, 2009, please see HedgeStreet Notices in the 2009 archive.

Notice 537.071814

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Date July 18, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.61 and 12.63, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100 and Daily US SmallCap 2000 Binary Contracts on July 18, 2014 due to volitility in the underlying markets. Nadex plans to return to its regular listing schedule for these contracts on July 21, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 536.071214

Nadex Product Schedule for the Japan Holiday on July 21, 2014

 

For the Japan Holiday on Monday, July 21, 2014, the Japan 225 contracts will have a modified trading schedule.

 

Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

Notice 535.071114

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates July 7, 8, and 10, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.13, 12.15, 12.51, 12.59, 12.61, 12.63, and 12.65, Nadex added additional strike levels on a discretionary basis in its Weekly Corn and Soybeans Binary Contracts on July 7, 2014 due to volitility in the underlying markets. Additionally, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100, and US SmallCap 2000 Binary Contracts on July 8, 2014. Finally, Nadex added additional strike levels on a discretionary basis in its Daily US 500, US Tech 100, US SmallCap 2000, Wall Street 30, and Germany 30 Binary Contracts on July 10, 2014. Nadex returned to its regular listing schedule for these contracts on July 11, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 534.071114

Nadex Amends Expiration Value Calculation Process for All Currency Products

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend its calculation process used to determine Expiration Value for all currency products as set forth in Rules 12.26 through 12.43. The calculation process is being amended to include consecutive duplicate bid/ask quotes in the data set to determine the 25 Midpoints used in calculation of the Expiration Value for all currency products. This submission would become effective on July 28, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 533.071114

Nadex Amends Language in Rule 3.1 (Trading Members) Regarding Acceptable Deposit Methods

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend language in its Rule 3.1 (Trading Members – Applications, Classifications, and Privileges) to reference acceptable payment methods on the Nadex website, as well as its intent to offer deposits via debit card in the future. This submission would become effective on July 28, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 532.061914

Nadex Daily Bulletins May 19 through June 4, 2014

 

Please be advised, that due to the unavailability of the Daily Bulletin from May 19, 2014 through June 4, 2014, Members may contact Customer Service at (877) 776-2339 or customerservice@nadex.com to request a copy.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 531.061314

 

Nadex Product Schedule for the 2014 July 4th Independence Day Holiday

 

Nadex will observe the following modified product schedule for the 2014 July 4th Independence Day Holiday:

 

Monday, June 30, 2014: The Exchange will observe regular business hours. All Weekly contracts listed on this date will have a settlement date of Thursday of the current week.

 

Thursday, July 3, 2014: Nadex will observe the following modified schedule:

 

  • All Corn and Soybean contracts will open at their regular times and close at 1:00pm ET.
  • All Wall Street 30, US Tech 100, US 500, and US SmallCap 2000 contracts which would close at 4:15pm ET will open at their regular times and close at 1:15pm ET. Intraday contracts with a close time of 2:00pm ET, 3:00pm ET, and 4:00pm ET will not be listed.
  • All Daily and 8-hour FTSE 100 and Germany 30 contracts will open at their regular times and close at 1:00pm ET. Intraday FTSE 100 contracts with a close time of 4:00pm ET will not be listed. Intraday Germany 30 contracts with a close time of 2:00pm, 3:00pm, and 4:00pm ET will not be listed.
  • No Currency contracts with an expiration date of July 4 will be listed. All other Currency contracts will open and close at their regular times.
  • All Japan 225 contracts will open and close at their regular times.
  • All Gold, Silver, Copper, Crude, and Natural Gas contracts will open and close at their regular times.
  • Jobless Claims and Nonfarm Payrolls contracts will have a settlement date of July 3, 2014.
  • The Exchange will close for trading at 3:00pm ET.

 

Friday, July 4, 2014: Nadex will be closed on Friday, July 4, 2014.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 530.060514

June 4, 2014 Daily Soybean Contract Re-Settlement

 

Please be advised that due to an error in settlement, the June 4, 2014 2:15PM ET Daily Soybean contract has been re-settled. The expiration value for the June 4, 2014 Daily Soybean contract has been corrected to 1482.6.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 529.053014

Nadex Limits Orders Submitted via FIX Connection

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to limit the number of orders a Trading Member that is not acting as a market maker may submit to the Exchange via FIX Connection to one order every five seconds.

 

Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective June 16, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 528.052314

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Date May 20, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.61 and 12.65, Nadex added additional strike levels on a discretionary basis in its Daily Wall St 30 and US SmallCap 2000 Binary contracts on May 20, 2014 due to volitility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on May 21, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 527.052314

Notice of Disciplinary Action

 

Nadex has taken disciplinary action and issued its final decision against one of its Members. Details regarding this action are available for a period of one week. For details on this action, view the Notice of Disciplinary Action.

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 526.052014

Nadex Product Schedule for the US Memorial Day Holiday on Monday, May 26, 2014

 

Nadex will be closed for the US Memorial Day Holiday on Monday, May 26, 2014. The Exchange will observe regular exchange hours for trade date Tuesday, May 27, 2014. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

Notice 525.051614

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Date May 15, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.59, 12.61, 12.63, and 12.65, Nadex added additional strike levels on a discretionary basis in its Daily Wall St 30, US Tech 100, US 500, and US SmallCap 2000 Binary contracts on May 15, 2014 due to volitility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on May 16, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 524.051114

Nadex Clarifies Chapter 8, Fed Funds Close Time, and Holiday Product Schedule Guidelines

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to clarify the investment of member funds in Chapter 8, as well as the close time for trading the Fed Funds Binary contracts, and the Holiday Product Schedule Guidelines to indicate that a Thursday trade date preceding a Friday holiday, the Exchange will follow a “Friday” schedule.

 

Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective May 27, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 523.043014

Nadex Product Schedule for the UK and Japan Holidays on May 5 and 6, 2014

 

For the UK Holiday on Monday, May 5, 2014, the FTSE 100 contracts will have a modified trading schedule.

 

For the Japan Holidays on Monday, May 5, 2014 and Tuesday, May 6, 2014, the Japan 225 contracts will have a modified trading schedule.

 

Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

Notice 522.042514

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Date April 25, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.63, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100 Binary contracts on April 25, 2014 due to volitility in the underlying markets. Nadex plans to return to its regular listing schedule for these contracts on April 28, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 521.042414

Nadex Product Schedule for the Japan and Germany Holidays on April 29 and May 1, 2014

 

For the Japan Holiday on Tuesday, April 29, 2014, the Japan 225 contracts will have a modified trading schedule.

 

For the Germany Holiday on Thursday, May 1, 2014, the Germany 30 contracts will have a modified trading schedule.

 

Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 520.041514

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates April 10 and 15, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.5, 12.59, 12.61, 12.63, and 12.65, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100, US SmallCap 2000, US 500, and Wall Street 30 Binary contracts on April 10, 2014 due to volitility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on April 11, 2014. Additionally, Nadex added strike levels on a discretionary basis in its Daily Gold Binary contracts on April 15, 2014. Nadex plans to return to its regular listing schedule for these contracts on April 16, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 519.041014

Nadex Amends Trading Hours on April 17 and 18, 2014 for the Good Friday Holiday; No FTSE® 100 or Germany 30 on April 21, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, Commission Regulation §40.6(a), and Nadex Rule 2.4, Nadex has submitted to the Commission notice of an emergency action that it that it will be closing at 4:15pm ET on Thursday, April 17, 2014 in observance of the Good Friday holiday on April 18, 2014. Accordingly, no 2-hour intraday Currency contracts which would normally expire at 5pm ET will be listed on that day. All weekly contracts will expire at their regular expiration times, but on Thursday’s trade date. No Daily Currency contracts which would have an expiration date of April 18, 2014 will be listed on Thursday.

 

Nadex will beclosed on Friday, April 18, 2014 for the Good Friday holiday, and will reopen at its regular time for trade date April 21, 2014. No FTSE® 100 or Germany 30 contracts will be offered on Monday, April 21, 2014.

 

Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 518.040914

 

Nadex Halts Trading in its Corn Binary and Variable Payout Contracts on April 8, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, Commission Regulation §40.6(a), and Nadex Rules 2.4 and 12.1, Nadex has submitted to the Commission notice of an emergency action that it halted trading in its Corn Binary and Variable Payout contracts on April 8, 2014, as the result of technical issues in the underlying market upon which those contracts are based. Due to technical issues, the CME Group halted trading on Globex Futures and Options of Corn (ZC) at 1:38:33pm ET. As the Nadex Corn Binary and Variable Payout contracts are based upon the underlying CBOT® Corn Futures, it was deemed that the lack of an underlying market would materially affect the performance of the Corn contracts traded on Nadex. Accordingly, Nadex halted trading in its Corn contracts at 1:58:16pm ET, rather than at the regular close time of 2:15pm ET. Nadex settled its Daily Corn contracts by its regular settlement procedure, using the last 25 underlying trade prices prior to the CME’s trading halt. Nadex resumed its regular listing schedule for its Corn Binary and Variable Payout contracts on April 9, 2014.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 517.040414

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates April 1 and 4, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.61, and 12.63, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100 Binary contracts on April 1, 2014 due to volatility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on April 2, 2014.Additionally, Nadex added strike levels on a discretionary basis in its Daily US Tech 100 and US SmallCap 2000 Binary contracts on April 4, 2014. Nadex plans to return to its regular listing schedule for these contracts on April 7, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 516.032814

 

Nadex Clarifies Market Maker Permissible Order Types and Clarifies Fee Schedule

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to clarify permissible Market Maker order types in Rules 4.4 (Market Maker Obligations) and 5.10 (Acceptable Orders), and also amends its Fee Schedule to account for Market Maker balance adjustments resulting from executed non-Post-Only orders and clarify API fees.

 

Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective April 14, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

Notice 515.032114

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Date March 18, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.61 and 12.63, Nadex added additional strike levels on a discretionary basis in its Daily US Tech 100 and US SmallCap 2000 Binary contracts on March 18, 2014 due to volitility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on March 19, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 514.032114

 

Nadex Adds Overnight EUR/JPY Intraday Binary Contracts

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to add round-the-clock 2-hour intraday contracts to its EUR/JPY Binary contract listings with expirations each hour from 8pm through 9am ET, as well as 4pm and 5pm ET.

 

Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective April 7, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 513.031214

Nadex Product Schedule for the Japan Holiday on Friday, March 21, 2014

 

For the Japan Holiday on Friday, March 21, 2014, the Japan 225 contracts will have a modified trading schedule. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 512.031014

 

GBP/JPY Contracts Settled Using Bloomberg Data

 

As stated on the Nadex website, if data from Reuters is unavailable, Nadex may obtain market pricing data through Bloomberg or another day provider deemed appropriate under the circumstances. Due to the unavailability of the underlying Reuters data for the spot GBP/JPY currency pair, Expiration Values for the March 10, 2014 GBP/JPY contracts expiring at 9:00pm, 10:00pm, 11:00pm, and 12:00am ET were calculated using data obtained from Bloomberg.

 

This action was taken in accordance with Rule 7.1, which grants Nadex the authority, in its discretion, to adjust the terms of an outstanding Series to achieve fairness to holders of the affected Contracts and to delay settlement of the Series until the outcome is clear to Nadex as determined by reasonable means when Underlying data is unavailable.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 511.030714

 

Nadex Amends Tick Increment Price Adjustment for Post-Only Orders

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend the tick increment price adjustment for Post-Only orders submitted in Binary contracts from one to four, in order to equate the value of the adjustment in Binary and Variable Payout contracts to $1.00. This submission would become effective on March 24, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 510.030714

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates March 3 and 4, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.59, 12.61, 12.63, and 12.65, Nadex added additional strike levels on a discretionary basis in its Daily Wall Street 30 and US Tech 100 Binary contracts on March 3, 2014, and in its Daily Wall Street 30, US Tech 100, US 500, and US SmallCap 2000 Binary contracts on March 4, 2014 due to volitility in the underlying markets. Nadex returned to its regular listing schedule for these contracts on March 5, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 509.030714

 

Nadex Amends Rollover Schedule for its Gold Contracts

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend its rollover schedule for the underlying futures month used in the settlement calculation of its Gold contracts in order to align those contracts with the volume roll in the corresponding underlying futures month. This submission would become effective on March 24, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 508.030514

US and UK Daylight Savings Time and Contract Hours Changes

 

Nadex would like to remind its customers that the US will "spring ahead" to Daylight Savings Time (DST) starting at 2am ET on Sunday, March 9, 2014. During US daylight savings time, all Japan 225 contracts will open and close one hour later than their regular defined times. The modified hours are as follows:

 

  • Japan 225 contracts will open at 7:45pm and close at 2:25am ET
  • Japan 225 Intraday Binary contracts will expire each hour from 10:00pm ET to 2:00am ET

 

The UK and Europe do not apply Daylight Savings until Sunday, March 30, 2014. However, the close times for all FTSE 100 and Germany 30 contracts on Nadex will remain unchanged throughout this period.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 507.030414

Notice of Disciplinary Action

 

Nadex has taken disciplinary action and issued its final decision against one of its Members. Details regarding this action are available for a period of one week. For details on this action, view the Notice of Disciplinary Action.

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 506.021314

 

 

Nadex Adds Overnight AUD/USD and GBP/USD Intraday Binary Contracts

 

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to add round the clock 2-hour intraday contracts to its AUD/USD and GBP/USD Binary contracts listing with expirations each hour from 8pm through 9am ET, as well as 4pm and 5pm ET.

 

Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective March 3, 2014.

 

 

Click the following link to view the submission.

 

 

 

Should you have any questions or require further information, please contact the Compliance Department.

 

 

 

 

 

Notice 505.021114

Nadex Product Schedule for the US President’s Day Holiday on Monday, February 17, 2014

 

Nadex will be closed for the US President’s Day Holiday on Monday, February 17, 2014. The Exchange will observe regular exchange hours for trade date Tuesday, February 18, 2014. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 504.021014

 

 

Nadex Privacy Policy and Tax Information

 

 

Please be advised that 1099-B statements will be mailed no later than February 18, 2014. These documents will be sent to the mailing address on file for the Member’s account. A Member that uses a mailing address that differs from his/her residential address should contact Customer Service to have this information added to the account. If there was no activity in the Member’s Nadex account during 2013, the Member will not be sent a 1099-B statement. Click here to view the Frequently Asked Questions regarding 1099-B statement information.

 

 

 

Nadex would like to remind its Members that Nadex is a regulated contract market and is committed to the highest standards of ethics and conduct, and compliance with all applicable laws, rules, and regulations that govern its business. The privacy of Member information is important to Nadex, and all Members are encouraged read the Nadex Privacy Policy. In addition, all Nadex Members should remain familiar with the Nadex Rules,Nadex Membership Agreement , and Terms of Use which are available on the Nadex website.

 

 

 

 

 

Should you have any questions or require further information, please contact Customer Service by email, or by phone at (877) 776-2339.

 

 

 

 

 

Notice 503.020714

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates February 3 and 6, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.59, 12.61, 12.63 and 12.65 Nadex added additional strike levels on a discretionary basis in its Daily Wall Street 30, US Tech 100, US SmallCap 2000, US 500, on February 3, 2014. Nadex returned to its regular listing schedule for these contracts on February 4, 2014. Nadex also added additional strike levels in its Weekly US Tech 100 and US SmallCap 2000 Binary Contracts on this day, and plans to return to its regular listing Schedule for these contracts on February 10, 2014. Additionally, Nadex added additional strike levels in its Daily US Tech 100 Binary Contracts on February 6, 2014. Nadex returned to its regular listing Schedule for these contracts on February 7, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 502.020514

Nadex Product Schedule for the Japan Holiday on Tuesday, February 11, 2014

 

For the Japan Holiday on Tuesday, February 11, 2014, the Japan 225 contracts will have a modified trading schedule. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 501.013114

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates January 29 and 30, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.5, 12.49, 12.51, 12.59, 12.61, 12.63 and 12.65 Nadex added additional strike levels on a discretionary basis in its Daily Wall Street 30, US Tech 100, US SmallCap 2000, US 500, Germany 30, and FTSE 100 Binary Contracts on January 29, 2014. Nadex returned to its regular listing schedule for its Wall Street 30, US 500, Germany 30, and FTSE 100 Binary contracts on Janaury 30, 2014. Nadex also added additional strike levels in its Daily US Tech 100, US SmallCap 2000, and Gold Binary Contracts on January 30, 2014. Nadex returned to its regular listing Schedule for these contracts on January 31, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

Notice 500.013114

 

Nadex Amends Methodology for Determining Rollover Dates for its Corn and Soybeans Contracts

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend the methodology it uses to determine the rollover dates for its Corn and Soybeans contracts. Nadex is also removing the ‘September’ month from the underlying rotation in its Corn contracts, and removing the ‘August’ and ‘September’ months from the underlying rotation in its Soybeans contracts. These changes are being made to conform to the methodology CME Group will use beginning the week of February 18, 2014 to calculate the roll dates for the CBOT® Corn and Soybean futures contracts, the underlying contracts upon which the Nadex Corn and Soybean contracts are based. This submission would become effective on February 18, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

NOTICE 499.012714

 

Nadex Adds Additional Strike Levels on a Discretionary Basis on Trade Dates January 23 and 24, 2014

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in 12.51, 12.59, 12.61, 12.63 and 12.65 Nadex added additional strike levels on a discretionary basis in its Daily Wall Street 30 and US Tech 100 Bianry Contracts on January 23, 2014, and in its Daily Wall Street 30, US Tech 100, US SmallCap 2000, US 500, and Germany 30 Binary Contracts on January 24, 2014. Nadex returned to its regular listing schedule for these contracts on January 27, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

NOTICE 498.012414


Nadex Adds 2-Hour Intraday Japan 225 Binary Contracts, Amends Rule 5.18 and Holiday Schedule Guidelines


Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to add 2-hour Intraday Japan 225 Binary contracts to its current listing.  The new contracts would have an expiration each hour from 9:00PM ET to 1:00AM ET.  Additionally, Nadex is removing unnecessary language from its Rule 5.18 (Hours for Trading Contracts), and amending its Holiday Product Schedule Guidelines to clarify listing hours following a Monday U.S. holiday.  This submission would become effective on February 10, 2014.


Click the following link to view the submission.


Should you have any questions or require further information, please contact the Compliance Department.


Notice 497.011514

Nadex Product Schedule for the Martin Luther King, Jr. Holiday on Monday, January 20, 2014

 

Nadex will be closed for the Martin Luther King, Jr. Holiday on Monday, January 20, 2014. The Exchange will observe regular exchange hours for trade date Tuesday, January 21, 2014. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 496.011314

Nadex Implements Market Maker Incentive Program

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to implement a Market Maker Incentive Program, which would run from January 29, 2014 through April 28, 2014, and would waive trading and settlement fees for a period of time after a new Market Maker’s commencement of market making activities on the Exchange. This submission would become effective on January 29, 2014, the first day of the Program.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 495.010914

Nadex Amends Trading Hours Availability for Daily and Weekly Germany 30 and FTSE 100® Contracts

 

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to amend the trading hours for its Daily and Weekly Germany 30 and FTSE 100 Binary and Variable Payout Contracts to be available for trading 3:00am ET to 4:00pm ET Monday through Friday. Trading will no longer be available in these products from 4:00pm ET to 3:00am ET throughout the week. These changes will be effective for the beginning of trade date January 27, 2014.

 

Click the following link to view the submission.

 

Should you have any questions or require further information, please contact the Compliance Department.

 

 

Notice 494.010814

Nadex Product Schedule for the Japan Holiday on Monday, January 13, 2014

 

For the Japan Holiday on Monday, January 13, 2014, the Japan 225 contracts will have a modified trading schedule. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.


Should you have any questions or require further information, please contact the Compliance Department.