Nadex Adjusts Strike Width for its Crude Oil Binary Contracts
|Notice Type||Notice ID|
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 increased volatility in the underlying markets upon which the Nadex US Indices contracts are based, Nadex adjusted the strike width for its Daily Crude Oil Binary contracts from 0.1 to 0.2 and in its Intraday Crude Oil Binary contracts from 0.2 to 0.1. Additionally, the number Intraday Crude Oil Binary contracts was increased from 9 strikes to 19 strikes. The changes began on November 25, 2019 and are planned to continue through November 29, 2019.
Should you have any questions or require further information, please contact the Compliance Department.