Nadex Halts Trading in its FTSE 100 Contracts Due to Unavailability of Underlying Market on December 31, 2015
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On January 4, 2016 Nadex submitted to the Commission an emergency notice pursuant to Commission Rule 40.6(a), that on December 31, 2015, it halted trading in its FTSE 100 contracts, and refrained from listing certain Intraday FTSE contracts due to the unavailability of the underlying Liffe FTSE 100 Index Futures market upon which the Nadex FTSE 100 contracts are based, which closed early at 7:30am ET due to the New Year’s Eve holiday. Daily and Weekly contracts were settled using the regular calculation method with the last available underlying data prior to the market’s close at 7:30am ET.
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