North American Derivatives Trade, Inc. (Nadex) has self-certified the phrases and situations for its new TRUMP Cryptocurrency Event Contracts.
The Trade intends to checklist the TRUMP Crypto Event Contract for buying and selling on or after January 31, 2025.
The TRUMP Crypto Event Contract will embody Intraday Contracts and shall be structured in the identical method because the Trade’s at present listed occasion contracts for Foreign exchange.
9 strike ranges shall be generated for the TRUMP Crypto Event Contract. The Expiration Worth for the TRUMP Crypto Event Contract would be the Index Worth as specified within the Contract’s product specs.
Like all the Trade’s Event Contracts, the TRUMP Crypto Event Contract could have a settlement payout vary from $10 to $100, or a payout of $0.
The TRUMP Crypto Event Contract shall be listed at 11:00 pm ET on the Begin Date, or on the Expiration of the beforehand listed Event Contract and can stop buying and selling upon expiration.
The Trade has at the very least one devoted Market Maker who’s dedicated to offering liquidity for the TRUMP Crypto Event Contract.
The LDF is distributed and maintained by Lukka, Inc., utilizing the ideas set forth within the IOSCO Ideas for Monetary Benchmarks. The LDF is disseminated to main market knowledge distributors on a one-second frequency.
