Nadex Narrows Strike Width and Adds Strikes for Copper and Natural Gas Binary Contracts
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(a), Nadex has submitted to the Commission its intent to narrow the strike width in its Daily Copper Binary contracts from 0.02 to 0.01, and in its Intraday Copper Binary contracts from 0.075 to 0.005. Nadex is also narrowing the strike width in its Daily Natural Gas Binary contracts from 0.04 to 0.02, and in its Intraday Natural Gas Binary contracts from 0.20 to 0.01. Additionally, Nadex plans to add additional strikes in the Intraday Copper and Natural Gas Binary contracts for a total of nine (9) strike levels in each.
Nadex plans to implement these changes on March 16, 2015. .