News Centre

Nadex Corrects Typographical Error

Date 27/05/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) 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”) hereby provides notice that it is correcting a typographical error in its Rule 3.8 Dues, Fees, and Expenses Payable by Members.

CFTC Swaps Report Update

Date 27/05/2022

Due to the Federal Holiday on Monday May 30, the Weekly Swaps Report will be released on Tuesday May 31, 2022

Nadex Temporarily Amends Binary Contracts Strike Width

Date 27/05/2022

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) 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”) hereby provides notice that due to increased or decreased volatility, as the case may be, in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of May 23, 2022 as indicated in the Weekly Notice.

CFTC Commitments Of Traders Reports Update

Date 27/05/2022

The current reports for the week of May 24, 2022 are now available.

Nadex Refrains From Listing Certain Contracts

Date 27/05/2022

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(i), Nadex took the following actions:

Nigerian Exchange Weekly Market Report For May 27th, 2022

Date 27/05/2022

A total turnover of 1.840 billion shares worth N27.286 billion in 27,273 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.021 billion shares valued at N31.784 billion that exchanged hands last week in 29,153 deals.

SIFMA Statement On The Delay Of The CAT Customer And Account Information System

Date 27/05/2022

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the delayed implementation of the Consolidated Audit Trail (CAT) Customer and Account Information System:

“SIFMA believes the SROs were correct to delay the implementation of the Consolidated Audit Trail (CAT) Customer and Account Information System until the fourth quarter of 2022.  This will assist firms in addressing reporting challenges and allow time for other issues to be remediated. When fully implemented, the CAT will be the largest database of retail and institutional trading data ever created.  It also will include personal information on every retail brokerage customer in America, as well as identifying information for every pension fund, mutual fund, and other institutional account in America.  The need to get it right is essential.  To that end, we once again call on the Securities and Exchange Commission (SEC) to adopt its August 2020 CAT data security proposal, which is designed to significantly enhance the security of data held within CAT.”

ICYMI: CFTC Commissioner Caroline D. Pham In The Hill: Making Progress On Decentralized Regulation— It’s Time To Talk About Crypto Together - Excerpts From Commissioner Pham’s Op-Ed With SEC Commissioner Peirce In The Hill

Date 27/05/2022

“‘[D]ecentralized’ is also an apt description of the regulatory landscape for crypto. Crypto has many actual and aspirational regulators. Regulatory decentralization can have benefits, but, if not properly managed, also can aggravate the already confusing lack of regulatory clarity over crypto. Cooperation among regulators is essential to strong, effective, pragmatic crypto regulation.”

Consolidated Audit Trail (CAT) Full Customer Account Information System (CAIS) Production Certification And Compliance Deadlines Extended

Date 27/05/2022

The Participants have determined to delay the full Customer Account Information System (“CAIS”) compliance deadline from July 11, 2022, to a date projected to be in Q4 2022, which new date will be subsequently announced.

MIAX: Proposed Rule Change To Amend FINRA Rule 13000 Series, Code Of Arbitration Procedure For Industry Disputes, To Align The Code With The Ending Forced Arbitration Of Sexual Assault And Sexual Harassment Act Of 2021

Date 27/05/2022

FINRA is proposing to amend the Code to align the Code with the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act of 2021.