Nadex Delays Initial Jobless Claims Binary Contracts Week of October 7, 2013
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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 7, 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 dates for the Jobless Claims is October 10, 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. Nadex plans to return its regular listing schedule for these contracts on Monday, October 14, 2013, unless the federal government has not resumed its regular operations as of that date.
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