On June 22, 2017, North American Derivatives Exchange, Inc. (Nadex) has submitted to the Commodity Futures Trading Commission (the Commission) a self-certification submission providing notice that the underlying asset class for the Nadex US SmallCap 2000 Variable Payout and Binary contracts, namely the Russell 2000® Index Futures, would be moving from the Intercontinental Exchange (ICE) to CME Group.
This submission also indicated that following the change of trading venue that would occur on July 10, 2017, Nadex would monitor the activity in the underlying market, and would not relist its US SmallCap 2000 contracts until it is satisfied sufficient activity exists in the new underlying market in order to settle the contracts with an expiration value which appropriately reflects the market.
Accordingly, Nadex now plans to resume the listing of its US SmallCap 2000 Daily and Weekly contracts for the open of business on trade date August 16, 2017. Nadex will resume listing its Intraday contracts for the open of business on trade date August 17, 2017.