Nadex definition

Nadex means the abbreviated form of North American Derivatives Exchange, Inc.; any reference to “Nadex” may be substituted with crypto.com | Derivatives North America without changing the meaning of the term.

Nadex. North American Derivatives Exchange, Inc.

Examples of Nadex in a sentence

• The date on which a new delivery month will be used as the Underlying for Nadex contracts (i.e. “Start Date”) is one calendar day after the End Date for the previous delivery month contract.

• The Start and End Date for which Nadex will use a specific delivery month as the Underlying will be set based on the Settlement date of the Underlying futures contract.

• The Payout Criterion for each Contract will be set by Nadex at the time the Variable Payout Contracts are initially issued.

• Nadex is not affiliated with the New York Mercantile Exchange, Inc.

• The Payout Criterion for each Contract will be set by Nadex at the time the Binary Contracts are initially issued.

• The last day on which a delivery month will be used as the Underlying for Nadex contracts (i.e. “End Date”) is the third to last business day of the month preceding the month of the Underlying futures contracts Expiration Date.

• Each Member and any Authorized Trader(s) thereof must also cooperate promptly and fully with Nadex, its agents, and/or the Commission in any investigation, call for information, inquiry, audit, examination, or proceeding.

• Consolidation of FMRs for the project and submission to NPIU, so as to facilitate disbursement of funds within the required timeframe.

• Such cooperation shall include providing Nadex with access to information on the activities of such Member and/or Authorized Trader in any referenced market that provides the underlying prices for any Nadex market.

• Nadex may list additional Call Spread Contracts with different ranges of Payout Criteria on a discretionary basis in accordance with the CEA and Commission Regulations.