Nadex Self-Certification to Amend Market Maker Agreement
|Notice Type||Notice ID|
|Rulebook & Agreement||889.120117|
On December 1, 2017, 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 Market Maker Agreement to provide relief from market-making obligations in the event a Market Maker is holding a position in certain specified contracts that reaches or exceeds a level set forth in the applicable contract specifications in the Nadex Rules. Nadex plans to implement this change on trade date December 18, 2017.
Should you have any questions or require further information, please contact the Compliance Department.