Nadex Temporarily Amends Binary Contracts Strike Width March 13 2020

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex adjusted the strike width for its Daily US Tech 100 Binary contracts from 12 to 24, its Daily Wall Street 30 Binary contracts from 40 to 80, its Daily US 500 Binary contracts from 6 to 12, its Daily US SmallCap 2000 from 4 to 8, its Daily Gold Binary contracts from 1.5 to 3, its Daily Silver Binary contracts from 0.05 to 0.10, and its Weekly US Tech 100 Binary contracts from 24 to 48.  The changes to the Daily US Indices began on March 9, 2020 and continued through March 11, 2020.  Changes to the Weekly US Tech 100 Binary contracts began March 9 and continued through March 13, 2020.  Changes to the Daily Silver and Gold Binary contracts began March 9 and continued through March 13, 2020.  Due to the significant market volatility on March 12 and 13, 2020, Nadex adjusted the strike width for its US Indices contracts as indicated in the Notice 1119 Link.