North American Derivatives Exchange, Inc., 200 West Jackson Blvd., Suite 1400, Chicago, IL 60606

US Toll-Free +1 (877) 77 NADEX info@nadex.com www.nadex.com

No. 20201231(1)

December 31, 2020

Via CFTC Portal Submissions

Mr. Christopher Kirkpatrick

Secretary of the Commission

Office of the Secretariat

Commodity Futures Trading Commission

3 Lafayette Centre 

1155 21st Street, N.W. 

Washington D.C. 20581

RE: Weekly Notification of Rule Amendments: Nadex Amends Strike Widths -

Submission Pursuant to Commission Reg. §40.6(d)

Dear Mr. Kirkpatrick:

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 amended the strike widths of 

various contracts during the week of December 28, 2020 due to increased volatility in the 

underlying markets upon which the Nadex contracts are based.

Amended strike widths are reflected in Exhibit A.

Nadex hereby certifies that the additions and amendments contained herein comply with 

the Act, as amended, and the Commission Regulations adopted thereunder. No substantive 

opposing views were expressed to Nadex with respect to these additions. Nadex hereby certifies 

that notice of these events was posted on its website at the time of this filing.

Should you have any questions regarding the above, please do not hesitate to contact me 

by telephone at (312) 884-0927 or by email at jaime.walsh@ig.com.

 Sincerely, 

Jaime M. Walsh

Legal Counsel
EXHIBIT A

Week of December 28, 2020

Contract Trade Date of Change Strike Width Adjusted 

From

Strike Width Adjusted To

Daily Gold Binary December 28, 2020 1.5 6

2-Hour Intraday Gold Binary December 28, 2020 1 3

Daily Silver Binary December 28, 2020 0.05 0.1

2-Hour Intraday Silver Binary December 28, 2020 0.03 0.06

Daily Crude Oil Binary December 28, 2020 0.1 0.4

Weekly AUD/USD Binary December 28, 2020 0.005 0.01

5-Minute Intraday AUD/USD Binary December 28, 2020 0.0004 0.0002

Weekly EUR/USD Binary December 28, 2020 0.005 0.01

Weekly GBP/USD Binary December 28, 2020 0.005 0.01

Daily GBP/USD Binary December 28, 2020 0.002 0.004

5-Minute Intraday GBP/USD Binary December 28, 2020 0.0004 0.0002

Weekly USD/CAD Binary December 28, 2020 0.005 0.01

Weekly USD/CHF Binary December 28, 2020 0.005 0.01

Weekly USD/JPY Binary December 28, 2020 0.5 1

Weekly EUR/JPY Binary December 28, 2020 0.5 1

Weekly GBP/JPY Binary December 28, 2020 0.5 1

Daily GBP/JPY Binary December 28, 2020 0.2 0.4

Weekly EUR/GBP Binary December 28, 2020 0.005 0.01

Weekly AUD/JPY Binary December 28, 2020 0.5 1

20-Minute Wall St 30 (Narrow) December 28, 2020 4 16

20-Minute Wall St 30 (Wide) December 28, 2020 6 16

2-Hour Wall St 30 Binary December 28, 2020 12 24

Weekly US 500 Binary December 28, 2020 24 48

20-Minute US 500 (Wide) December 28, 2020 0.75 3

20-Minute US 500 (Narrow) December 28, 2020 0.5 2

2-Hour US 500 Binary December 28, 2020 1.5 3

20-Minute US Tech 100 (Wide) December 28, 2020 2 16

20-Minute US Tech 100 (Narrow) December 28, 2020 1 12

Daily US Tech 100 Binary December 28, 2020 12 24

Weekly US Tech 100 Binary December 28, 2020 24 144

20-Minute US SmallCap 2000 (Wide) December 28, 2020 0.7 1.4

20-Minute US SmallCap 2000 

(Narrow)

December 28, 2020 0.6 1.2

2-Hour US SmallCap 2000 Binary December 28, 2020 1.4 2.8

Weekly US SmallCap 2000 Binary December 28, 2020 12 24

Daily Japan 225 Binary December 28, 2020 40 80

Weekly Japan 225 Binary December 28, 2020 100 200

Daily China 50 Binary December 28, 2020 20 40

Weekly China 50 Binary December 28, 2020 100 200