Nadex Self-Certification to List New Mini Bitcoin Spread Contracts
On February 27, 2018, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commodity Futures Trading Commission (the “Commission”), pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.2(a) of the regulations promulgated by the Commission under the Act (the “Regulations”), its intent to list new Mini Bitcoin Spread Contracts, based on the underlying USD TeraBit Price Index. The new Mini Bitcoin Variable Payout contract will have a duration of one month, and will be listed on the first trade date of each new month and expire on the last trade date of the month.
Nadex plans to launch the new contracts on or after March 1, 2018.