de | cn | ru

Market News

IG’s Nadex ends 2016 with record-high trading volumes

The North America Derivatives Exchange (Nadex), one of only two US-regulated binary options exchanges, announced this week that its trading volumes in December have set a new all-time record.

 

The exchange, which is owned by UK giant IG Group, reported over 70% year-to-year growth in trade volume and total trades of binary options during the fourth quarter of 2016 compared to Q4 2015. Nadex also reported an overall increase of 50% in annual trades and volume from 2015 to 2016.

 

Guaranteed limited risk built into Nadex binary options allows traders to take positions with their maximum possible loss and profit defined in advance. This is a distinctive advantage in volatile markets, as was the case before and right after the US elections. Most traded in December were stock indexes (which lingered near all-time highs), crude oil, gold, forex, and other markets.

 

Technology enhancements probably also contributed to Nadex’s spectacular results. The latest updates to the mobile and web apps made instant document upload even easier, and withdrawals are just as easy from PC or mobile, with funds sent securely and quickly to member checking accounts.

 

What is more, the Nadex team added the Market Filter tool to both iPhone and Android apps in Q4. This feature was introduced to the web platform in Q3 and allows traders tosearch for a specific asset class, current price, length of contract, and/or time to expiration (as there are over 10,000 contracts available daily).

 

"December and the whole fourth quarter showed the unique strengths of exchange-traded binary options," commented Nadex CEO Timothy McDermott. "Whatever market conditions our members encountered, they could take advantage of those opportunities with confidence."

 

Chicago-based Nadex is the first and the largest US-based regulated exchange offering binary options and spreads to retail investors. It is regulated by the Commodity Futures Trading Commission (CFTC).

 

Nadex is the North American unit of IG Group (LON: IGG), an international forex and binary options brokerage headquartered in London, which is listed on the London Stock Exchange and is a member of FTSE-250. According to a recent forexbrokerz.com survey on the proceeds of UK companies, IG is the most profitable one for the year 2015. It is also the largest forex broker in terms of market capitalization.

TAGS: Nadex  IG  trading volumes  exchange  binary options  USA 

More news about IG

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySec MT4, Web, Gwasy $100 Review Website
Cyprus CySEC in-house mobile
app
$50 Review Website
Seychelles FinaCom MT4, Web $10 Review Website

More Forex Market News

France's AMF warns of unlicensed binary options brokers

Dec 14 2017 15:58:31

 France's financial markets and services provider AMF has added three new unregulated binary options brokers to its warning list.    According to the regulator, www.capitaldeposit.net, www.emfi-placesecurity.com, www.xfr-financial. Read more

Austria's FMA warns of YesOption binary options broker

Dec 13 2017 16:25:32

 Austria's financial markets and services providers regulator FMA warned that the binary options broker YesOption is not licensed to offer its services in Austria. Read more

Hong Kong's SFC warns of unregulated trading in Bitcoin futures, risks

Dec 12 2017 16:05:09

 Hong Kong's financial markets and services provider regulator, the Securities and Futures Commission (SFC) has issued a warning against trading in Bitcoin futures through unregulated intermediaries. Read more

Forex

Belgium’s FSMA warns of 10 forex, binaries brokers – can be fraud

Dec 08 2017 14:29:06

 Belgium’s financial markets and services providers regulator FSMA, has issued a warning against 10 forex, CFD and binary options brokers who are not authorized to offer their services in Belgium. Read more

Hackers steal Bitcoins worth over $73 mln from NiceHash pool

Dec 07 2017 15:02:20

 NiceHash, one of the major bitcoin mining pools, reported a security breach resulting in hackers stealing a yet unestablished quantity of bitcoins. According to users, 4,736.42 BTC – an amount worth more than $73 million at current prices – has been stolen. Read more

Switzerland’s FINMA warns of UBSOption, Brokers Option binary options brokers

Dec 04 2017 13:29:35

 Switzerland’s financial markets and services regulator FINMA has warned against two unlicensed binary options brokers: UBSOption and Brokers Option. In its typical laconic style, the regulator does not provide further information, except that the two companies are not licensed. Read more

Denmark’s FSA warns of forex broker SolidCFD

Dec 01 2017 14:23:30

 Denmark’s inancial Supervisory Authority (FSA) has issued a warning that the offshore forex broker SolidCFD is not licensed to provide financial services in the country. The company, however, has been offering to carry out financial services, according to the regulator. Read more

Canada’s BCSC warns of uTrader forex, binary options broker

Nov 30 2017 14:49:43

 Canada’s regional regulator, the British Columbia Securities Commission (BCSC), has issued a warning against the forex, CFD and binary options broker uTrader and its owner Day Dream Investments Ltd. Read more

Poland’s KNF warns of binary options broker NobleOption

Nov 27 2017 14:17:07

 The Polish Financial Supervision Authority (KNF) has issued a warning against the binary options broker NobleOption. According to the publication, the company owner of the brand – Spot Capital Markets Ltd. Read more

UK’s FCA warns NBLFX forex broker is a clone

Nov 23 2017 14:18:27

UK’s financial markets and services regulator, the Financial Conduct Authority (FCA), has warned that the forex broker NBLFX and more precisely – its owner Niru Bala/Numex Foreign Exchange Corporation (UK) Ltd – is a clone of an FCA-regulated company. Read more

Forex
de | cn | ru