Nadex Amends Definition of Touch Bracket Contract to Reference “Knockouts”
|Notice Type||Notice ID|
|Rulebook & Agreement||1089.122019|
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 Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commission on December 20, 2019 notice of its intent to amend the definition of Touch Bracket Contract in Rule 1.1 (Definitions) to indicate that Nadex may from time to time refer to these contracts as “Knockout Touch Bracket Contracts” or simply “Knockouts”.
Pursuant to the 10-day filing period under Regulation 40.6(a), this filing will become effective January 8, 2020.
Should you have any questions or require further information, please contact the Compliance Department.