Nadex Clarifies Chapter 8, Fed Funds Close Time, and Holiday Product Schedule Guidelines
|Notice Type||Notice ID|
|Rulebook & Agreement||524.051114|
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 clarify the investment of member funds in Chapter 8, as well as the close time for trading the Fed Funds Binary contracts, and the Holiday Product Schedule Guidelines to indicate that a Thursday trade date preceding a Friday holiday, the Exchange will follow a “Friday” schedule.
Pursuant to Commission Regulation §40.6(a)(3), these new Rules and amendments would become effective May 27, 2014.
Should you have any questions or require further information, please contact the Compliance Department.