Nadex Corrects a Typographical Error in its November 28th Submission Regarding 5-Minute Binaries
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.