Nadex Now Offering 20-Minute Binary Option Contracts

- Retail traders now able to trade top Nadex U.S. indices contracts at shortened intervals

CHICAGO--()--The North American Derivatives Exchange (Nadex), a regulated online binary options exchange in the United States, today announced the launch of 20-minute binary options contracts.

These new short-term contracts come as a result of increasing demand for more intraday products that can be traded during the most popular trading times on the exchange. Prior to the launch, Nadex options have had hourly, daily and weekly expiration times. Nadex’s new binary contracts will have durations of 20 minutes, with expirations on the hour, at 20 minutes after the hour and 40 minutes after the hour. Nine strike levels will be listed for each expiration period. The indices that these will be available on are:

  • US 500 (underlying CME® E-mini S&P 500 Index® Futures)
  • US SMALLCAP 2000 (underlying ICE® Mini Russell 2000 Index® Futures)
  • US TECH 100 (underlying CME® E-mini NASDAQ 100 Index® Futures)
  • WALL STREET 30 (underlying CBOT® E-mini Dow® Futures)

“As the needs of the retail traders continue to evolve, Nadex is committed to offering new products to meet these demands,” said Timothy McDermott, Nadex CEO. “Through researching how our customers trade our current product set, we saw a large demand for shorter-duration contracts. We also expect to welcome a new set of cutting-edge retail traders who are looking for the multiple daily profit opportunities, all at a predetermined risk level, that 20-minute binary options contracts offer.”

Nadex is the first and largest regulated, retail-focused, online binary options exchange in the U.S. Market. Participants in the United States, Canada and Mexico have full access to Nadex’s binary options trading platforms, including browser, mobile options and the recently launched desktop platform, Nadex Pro. Through Nadex’s platforms, traders can hedge against or speculate on price movements in currency, commodity, event and equity index markets. The new 20-minute binary contracts will be listed between the hours of 9:40am and 4pm EST, Monday through Friday and will only be available on the top US Index products.

Notes to Editors

About Nadex

Nadex, a US-regulated exchange, offers traders a unique way to trade binary options and spreads on a wide range of the most heavily traded forex, commodities and stock indices markets. Nadex, is headquartered in Chicago, and is subject to regulatory oversight by the CFTC.

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To learn more about Nadex, please visit http://www.nadex.com. For information on becoming a Nadex member, call 1-877-776-2339 or email customerservice@nadex.com.

Futures, options, and swaps trading involves risk and may not be appropriate for all investors.

Contacts

Press Contacts:
Cognito
Jacqueline Gogel
Nadex@cognitomedia.com
+1 646 395 6300
or
Nadex
Nancy Robles
nancy.robles@nadex.com
+1 312 884 0947

Release Summary

Nadex, a regulated online binary options exchange in the United States, today announced the launch of 20-minute binary options contracts.

Contacts

Press Contacts:
Cognito
Jacqueline Gogel
Nadex@cognitomedia.com
+1 646 395 6300
or
Nadex
Nancy Robles
nancy.robles@nadex.com
+1 312 884 0947