Nadex Temporarily Refrains From Listing 5-Minute Contracts on Trade Date April 16, 2018

Notice Type Notice ID
Exchange 920.041618

On April 16, 2018, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) temporarily refrained from listing its Intraday 5-Minute Currency contracts, at various periods from 6:45pm ET through 1:55am ET.  Specific listing times were as follows:

  • No 5 Minute Intraday AUD/USD Binary contracts were listed with expirations occurring between 6:45pm ET – 7:20pm ET, 8:20pm ET – 1:20am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday EUR/JPY Binary contracts were listed with expirations occurring between 7:20pm ET - 1:25am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday EUR/USD Binary contracts were listed with expirations occurring between 6:45pm ET – 1:25am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday GBP/JPY Binary contracts were listed with expirations occurring between 7:25pm ET – 1:25am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday GBP/USD Binary contracts were listed with expirations occurring between 7:25pm ET – 1:25am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday USD/CAD Binary contracts were listed with expirations occurring between 6:45pm ET – 7:20pm ET, 8:20pm ET – 1:25am ET, and 1:35am ET – 1:55am ET;
  • No 5 Minute Intraday USD/JPY Binary contracts were listed with expirations occurring between 6:45pm ET – 7:20pm ET, 8:20pm ET – 1:25am ET, and 1:35am ET – 1:55am ET;

The decision to refrain from listing these contracts was due to a technical issue with the underlying data feed, and action was taken pursuant to Nadex Rule 12.1(h). 

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