Nadex has submitted to the Commodity Futures Trading Commission (CFTC) its intent to amend the rules pertaining to trading members.
This submission will become effective on December 6, 2024.
Nadex will be amending its membership rule in order to include Entities that are validly organized in a Non-US jurisdiction to be eligible for Nadex Membership as a Trading Member.
Core Principle 2 requires that the DCM establish, monitor and enforce compliance with the rules of the DCM, including Access Requirements. Non-US based Entities will be subject to the same requirements as US based Entities in order to be eligible for Nadex Membership.
Specifically, like US based Entities, non- US based Entities will be subject to an identification verification process and assessment of any other risk factors discovered by the Compliance Department.
In addition, a non-US based Entity must agree to comply with Exchange Rules, Membership Agreement, and Terms of Use.
