Nadex Amends Strike Width for Daily Crude Oil Binary Contracts
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On May 18, 2018, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commodity Futures Trading Commission (the “Commission”), pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) of the regulations promulgated by the Commission under the Act (the “Regulations”), its intent to amend its Rule 12.9 (Crude Oil Binary Contracts) to amend the strike width for the Daily Crude Oil Binary Contracts, expiring daily at 2:30pm ET, from 0.50 to 0.10. This filing will be effective as of June 5, 2018.
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