Nadex Adds Strike Levels and Amends Strike Width for Indices Contracts
Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, and Commission Regulation §40.6(d)(2)(iv), and by the authority granted by Nadex Rules in Chapter 12, due to volatility in the underlying markets Nadex added strike levels on a discretionary basis in its Daily US Tech 100, US 500, US SmallCap 2000, and Wall Street 30 Binary contracts on September 12 and 13, 2016, and returned to its regular listing schedule for these contracts on September 14, 2016. Additionally, due to volatility in the underlying markets, Nadex added discretionary strike levels in its Daily US Tech 100 Binary contracts on September 15, 2016, and returned to its regular listing schedule for these contracts on September 16, 2016.
Additionally, Nadex amended the strike width for its Daily Bitcoin Binary contracts from 1 to 2 for all contracts listed during the week of September 12, 2016.
Beginning on September 12, 2016 and continuing throughout the week, the strike width for all 20-Minute Intraday US Tech 100 Binary contracts expiring 10:00am through 11:20 am, and from 2:40pm through 4:00pm was changed from 3 to 2, and for expirations between 11:40am and 2:20pm was changed from 2 to 1. Also on this day and continuing for the week, the strike width for all 20-Minute Intraday US 500 Binary contracts expiring 10:00am through 11:20 am, and from 2:40pm through 4:00pm was changed from 1 to .75, and for expirations between 11:40am and 2:20pm was changed from .7 to .5. The strike width for all 20-Minute Intraday US SmallCap 2000 Binary contracts expiring 10:00am through 11:20 am, and from 2:40pm through 4:00pm was changed from 1 to .75, and for expirations between 11:40am and 2:20pm was changed from .7 to .5. Finally, on this day and continuing for the week, the strike width for all 20-Minute Intraday wall Street 30 Binary contracts expiring 10:00am through 11:20 am, and from 2:40pm through 4:00pm was changed from 9 to 6, and for expirations between 11:40am and 2:20pm was changed from 7 to 4.
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