On May 7, Nodal self-certified rulebook changes re customer definition.
Nodal self-certified amendments to the Nodal rulebook, effective May 21, 2025.
Provided redline versions for Nodal Rule 3.19 regarding the liquidity provider program and Nodal Rule 91.11.2 on requirements for non-US participants and customers.
Rule Summary
Nodal Rule 3.19 Liquidity provider program is being amended to include customers.
Nodal Rule 9.11.2Requirements for non-US participants and customers amended to include Germany as non-US jurisdiction where customers may place order, transaction.
Effectiveness
Nodal intends to implement the amended rules on May 21, 2025.