Nadex Amends Initial Deposit Bonus Program

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.6(a) 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”) submitted to the Commission on April 7, 2020 its intent to amend the Initial Deposit Bonus Program which was implemented on March 30, 2020.  The amendment will remove the requirement that participants must make the initial deposit within 60 days of the application date requirement.  All other terms will remain the same.   Amended Terms and Conditions of the Program were also submitted to the Commission. 

Pursuant to the 10-day filing period under Regulation 40.6(a)(3), this filing will become effective April 23, 2020.