Nadex adds "UpDown Options" as Alternate Reference to Touch Bracket Contracts


Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (the “Act”), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act, North American Derivatives Exchange, Inc. (“Nadex”) d/b/a | Derivatives N.A., hereby provides notice that it is amending 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 “UpDown Touch Bracket Contracts” or simply “UpDown Options”. Nadex is adding the alternate references to provide for more descriptive and accessible terminology which it believes will benefit its marketing efforts of these contracts.

Should you have any questions or require further information, please contact the Compliance Department.
Document 20230313 Weekly Notification - Add UpDowns