Nadex Amends Methodology for Determining Rollover Dates for its Corn and Soybeans Contracts
|Notice Type||Notice ID|
|Rulebook & Agreement||500.013114|
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 amend the methodology it uses to determine the rollover dates for its Corn and Soybeans contracts. Nadex is also removing the ‘September’ month from the underlying rotation in its Corn contracts, and removing the ‘August’ and ‘September’ months from the underlying rotation in its Soybeans contracts. These changes are being made to conform to the methodology CME Group will use beginning the week of February 18, 2014 to calculate the roll dates for the CBOT® Corn and Soybean futures contracts, the underlying contracts upon which the Nadex Corn and Soybean contracts are based. This submission would become effective on February 18, 2014.
Should you have any questions or require further information, please contact the Compliance Department.