By Darrell Martin
As you know, Nadex is regulated by the CFTC (Commodity Futures Trading Commission.) In keeping in accordance with rules and regulations, Nadex has submitted notice to the Commission of some amendments that will be effective March 28, 2016, which is after the required 10-day review period.
Nadex plans to adjust the strike width on Daily “Wide” Spread contracts so that all contracts will have a width of 500. Nadex will adjust the affected contracts reportable levels accordingly.
Good news for currency traders, too. Nadex is adding three Daily “Narrow” Currency Spread contracts to each currency pair. This means more opportunities for your trades.
If you trade commodities, Nadex is adding strike levels to its Intraday Crude Oil. As you analyze your charts and prepare to place your trades, having added strike levels will be beneficial in placing your trade right where you want it.
Strike levels are also being added to the US Indices Spread contracts, as well as the Daily US Indices contracts. Again, increasing your chances of finding the strike you need to enter for the trade you want to place.
A couple of rules are being added which set forth the contract specifications for Nadex’s new offering of Daily AUD/JPY and EUR/GBP “Wide” and “Narrow” Spread contracts. Nadex is also increasing the width in its Daily US SmallCap 2000 Spread contracts, renumbering rules and sections to accommodate the changes.
All of these wonderful happenings at Nadex mean more Spread contracts on US Indices and some Commodities as well as more daily Forex Spreads. To learn strategies and systems to further utilize trading Spreads on Nadex, visit www.apexinvesting.com, where all of the education is free.