Nadex Delays Initial Jobless Claims and EUR/GBP and AUD/JPY Binary Contracts


Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, Commission Regulation §40.6(a), and Nadex Rule 2.4, Nadex has submitted to the Commission notice of an emergency action that it plans to delay the listing of its Initial Jobless Claims Binary contracts for the week of October 14, 2013 as the result of the government shutdown. The Nadex Initial Jobless Claims Binary contracts are based upon the underlying Jobless Claims figures released by the U.S. Department of Labor. The next scheduled release date for the Jobless Claims is October 17, 2013. This action is being taken as the government shutdown has the potential to affect the release of those figures, thereby rendering the Nadex Initial Jobless Claims Binary contracts potentially unable to be settled, and thus materially affecting the performance of those contracts.

Additionally, Nadex will delay the implementation of its new EUR/GBP and AUD/JPY Binary contracts, which were originally scheduled to be listed for the open of trade date October 14, 2013 as noted in its self-certification submission filed on Friday, September 27, 2013. The postponement is resulting from the lapse in appropriations and the curtailment of CFTC regulatory review activity.

The next listing date for the Initial Jobless Claims Binary contracts and new Nadex EUR/GBP and AUD/JPY Binary contracts will be determined subsequent to resumption of regulatory review activity at the CFTC.

Should you have any questions or require further information, please contact the Compliance Department.