Nadex Adds Additional Strike Levels to its AUD/USD, EUR/USD, and USD/JPY Intraday 2-Hour Binary Contracts, Amends Rollover Schedule for Japan 225, and Condenses Rules
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 add four additional strike levels in its AUD/USD, EUR/USD, and USD/JPY Intraday 2-Hour Binary Contracts to provide participants with greater trading opportunities in in-the-money contracts. Additionally, Nadex has provided notice that it is amending its rollover schedule for the Japan 225 underlying month, such that the last day on which the delivery month will be used as the underlying will be the third to last business day prior to the last trade date of the underlying SGX Nikkei 225 Index Futures contracts expiring delivery month. Finally, this submission condenses the contract specifications for all Currency Binary Contracts, as well as the FTSE 100, Germany 30, and Japan 225 Binary Contracts.
Nadex plans to implement these changes on December 1, 2014.