Nadex Sets 100-Contract Minimum for Sei Perpetual Futures

North American Derivatives Exchange, Inc. (Nadex), doing business as OG.com Markets, self-certified a dollar-settled perpetual futures contract tied to Sei (SEI) on Oct. 8 under Commodity Futures Trading Commission Regulation 40.2(a). The product status is Certified; the exchange’s self-certification is not a separate CFTC approval order. The contract, identified as SEI-USD-Perp, has no expiration date and uses the CF Sei-Dollar Spot Rate as its reference. Each contract represents 1 SEI, and the minimum trading unit is 100 contracts. Its terms set a $5 million position-accountability level and a 25-contract reportable level.

Source: TokenPost