Nadex Halts Trading in its Bitcoin Contracts Due to Unavailability of Underlying Market
On February 9, 2016 Nadex submitted to the Commission an emergency notice pursuant to Commission Rule 40.6(a), that on that day it halted trading in its Weekly and Daily Bitcoin Binary contracts due to the unavailability of the underlying Tera® Bitcoin Price Index market upon which the Nadex Bitcoin contracts are based. No additional Daily Bitcoin contracts will be listed until further notice. Nadex plans to resume trading in the Weekly Bitcoin contracts when the Tera® Bitcoin Price Index becomes available.
Should you have any questions or require further information, please contact the Compliance Department.