Nadex Self-Certifies Block Trading Rules

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (the “Act” or “CEA”), and §40.6(a) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act, the North American Derivatives Exchange, Inc. d/b/a Crypto.com | Derivatives North America (the “Exchange” or “CDNA”), in its capacity as a registered designated contract market (“DCM”), self-certified to the Commission amendments to CDNA Rules 1.1 and 5.19, as well as the addition of CDNA Rule 5.21, which are related to block trading (collectively, the “Rule Amendments”). CDNA is amending CDNA Rule 1.1 to add a definition of “Block Trades”, as well as adding a definition of “Introducing Broker” to further clarify the Rules. CDNA is amending CDNA Rule 5.19 to clarify that block trades are not prohibited prearranged transactions. CDNA is creating CDNA Rule 5.21 to govern the products and processes related to block trades.

The Rule Amendments shall become effective on or after June 5, 2025.