Nadex Adjusts Strike Width for Crude Oil Binary Contracts and Corrects Typo
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Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), Nadex is providing notice that due to decreased volatility in the underlying markets upon which the Nadex Crude Oil contracts are based, Nadex adjusted the strike width for its Daily Crude Oil contracts from 0.50 to 0.10, beginning on trade date March 19, 2018 and continuing through March 23, 2018.
Additionally, Nadex is correcting a typographical error in its Rule 12.7, Silver Binary Contracts. Section (f)(iii)(3) of that Rule, Number of Strikes Listed, mistakenly referred to “Gold” rather than “Silver”.
Should you have any questions or require further information, please contact the Compliance Department.