Nadex Adds Intraday 20-Minute Binary Contracts, Condense Rules, and Amends its Market Maker Agreement and Fee Schedule
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to add new Intraday 20-Minute Binary Contracts to its current listing of US 500, US Tech 100, SmallCap 2000, and Wall Street 30 Binary Contracts. Additionally, Nadex has condensed the contract specifications in these Rules into a more readable format. Nadex has also amended its Market Maker Agreement to remove specific duration of fast markets leading up to expiration and its Fee Schedule to note that adjustments to market makers’ balance based on the tiered fee schedule will be made on at least a monthly basis.
Should you have any questions or require further information, please contact the Compliance Department.Notice 560