A follow-up to LeapRate’s earlier report about North American Derivatives Exchange, Inc. (Nadex) seeking to change some of the terms of its Free Trading Incentive Program in a move set to offer its Members more free trading days…
Nadex, part of IG Group Holdings plc (LON:IGG), has just announced that the new terms will be implemented from the open of trade date February 1, 2016.
The program originally provided Nadex Members with up to five days of free trading. During these days, Members taking part in the program are not charged trading or settlement fees for trading activity. Under the amended program, Nadex is increasing the number of free trading days to up to 15.
The number of free trading days correlates to a Member’s initial deposit. Let’s note that the Exchange is also planning to change the deposit requirements.
All other Program terms will stay the same.
To view the amended terms, effective February 1, 2016, click here.