Nadex Temporarily Amends Event contracts Strike Width

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 US Indices contracts are based, Nadex adjusted the strike width for its Daily US Tech 100 Event contracts from 12 to 24, its Daily Wall Street 30 Event contracts from 40 to 80, its Daily US 500 Event contracts from 6 to 12, its Daily US SmallCap 2000 from 4 to 8, its Daily Gold Event contracts from 1.5 to 3, its Daily Silver Event contracts from 0.05 to 0.10, and its Weekly US Tech 100 Event contracts from 24 to 48.  The changes began on March 2, 2020 and continued through March 6, 2020. 

Should you have any questions or require further information, please contact the Compliance Department.