Nadex Refrains From Listing FX Contracts
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On April 17, 2017 Nadex submitted to the Commission an emergency action pursuant to Commission Rule 40.6(a), providing notice that on trade date April 17, 2017 at 10:53:13am ET Nadex experienced an issue with its NadexFX data feed, which is used to calculate the expiration value for all foreign currency contracts, as well as the calculation of values on the Indicative Charts on the platform. The connection was re-established at approximately 2:07:03pm ET. Any foreign currency contracts that expired between 10:53:13am and 2:07:03pm were settled manually using the corresponding underlying market data from Bloomberg. 5-Minute contracts were not listed beginning with the 11:10am expiration, and resumed at 2:35pm for a 2:40pm ET expiration. 2-Hour contracts were not listed beginning with the 2:00pm ET expiration, and were relisted at 2:55:38pm ET for a 4:00pm ET expiration. This action was taken pursuant to Nadex Rule 7.1 (Adjustments), and 12.1(h).
Should you have any questions or require further information, please contact the Compliance Department.