Nadex Temporarily Refrains from Listing Contracts March 16 2020

2020

On trade date March 16, 2020, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”), due to the activity in the underlying markets upon which the Nadex contracts are based, and pursuant to the authority granted in Rule 12.1(h) and (i), Nadex took the following actions:

  • US Indices Daily and Weekly Binary contracts were not listed for the open of trade date March 16, 2020.These contracts were listed for trading beginning at 10:41am ET and 10:57am ET, respectively.

  • US Indices Daily Call Spread contracts were not listed for the open of trade date March 16, 2020.These contracts were listed for trading beginning at 10:45am ET.

  • US Indices 2-Hour Intraday Binary contracts were not listed for the 10:00am ET expiration.These contracts were listed for trading beginning with the 11:00am ET expiration.

  • US Indices 20-Minute Intraday Binary contracts were not listed for the 10:00am ET expiration.These contracts were listed for trading beginning with the 10:20am ET expiration.

  • US SmallCap 2000 Touch Bracket contracts will not be relisted for the remainder of the week.

  • FX 5-Minute Intraday Binary contracts were not listed for the 6:05pm ET expiration.For expirations which occurred from 6:10pm ET through 6:25pm ET, only the AUD/USD and USD/CAD 5-Minute Intraday Binary contracts were listed.No FX 5-Minute Intraday Binary contracts were listed for the 6:30pm ET through 7:05pm ET expiration times.For expirations which occurred from 7:10pm ET through 7:25pm ET, only the AUD/USD, USD/CAD, EUR/USD.All FX 5-Minute Intraday Binary contracts were relisted for the 7:30pm ET expiration.

  • For the trade date March 17, 2020 7:00am ET FX Daily Binary contracts expiration time, only the EUR/USD and GBP/USD Daily Binary contracts were initially listed.At approximately 1:15pm ET all 7:00am ET expiration FX Daily Binary contracts were listed.

  • For the trade date March 17, 2020 11:00am ET FX Daily Binary contracts expiration time, only the EUR/USD, GBP/USD, USD/JPY, and GBP/JPY Daily Binary contracts were listed.

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