Nadex Corrects a Typographical Error in its November 28th Submission Regarding 5-Minute Binaries
|Notice Type||Notice ID|
|Rulebook & Agreement||573.120314|
Nadex is correcting a typographical error in its November 28th self-certification submission to the Commodity Futures Trading Commission with respect to the rounding value used to establish the at-the-money strike level during the contract generation process for the new Intraday 5-Minute Binary Contracts. In its original submission, Nadex indicated the rounding value for the AUD/USD, EUR/USD, and GBP/USD contracts would be 0.0005, and the value for the USD/JPY would be 0.05. The correct rounding value for the AUD/USD, EUR/USD, and GBP/USD contracts should be 0.0001, and 0.01 for the USD/JPY contracts.
Intraday 5-Minute Binary Contracts will still be implemented at the open of business on trade date December 15, 2014.
Should you have any questions or require further information, please contact the Compliance Department.