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NSX Clarification Statement Regarding The NSX-Atlas Non-Binding Memorandum Of Understanding

Date 24/04/2014

The NSX-Atlas Non-Binding MOU is a non-binding basis of understanding pursuant to which NSX and Atlas may initiate discussions to explore the terms under which NSX would consider what systems, technology and/or expertise could be leveraged to assist in the regulation of the Atlas bitcoin market.  NSX has not agreed to regulate the Atlas bitcoin market nor to commit any of its regulatory or other resources, as a self-regulatory organization or otherwise, to do so.  Discussions with Atlas on the subject are preliminary and may be terminated by either party at any time.

NSX is wholly owned by CBOE Stock Exchange, LLC (CBSX), approximately 50% of which is owned by Chicago Board Options Exchange, Incorporated (CBOE).