Our record volume performance in 2013 demonstrates consistent progress for Nadex and is a measure of the success we have had in providing a fully transparent platform to trade binary options and spreads for traders.
Chicago, IL (PRWEB) January 09, 2014
The North American Derivatives Exchange (Nadex) today announced its total exchange trade volume reached all-time highs in 2013, with a 106% increase of binary options and spread contracts traded year-over-year. The most heavily traded contracts on the exchange during 2013 were the USD/JPY currency pair and the US 500.
"Our record volume performance in 2013 demonstrates consistent progress for Nadex and is a measure of the success we have had in providing a fully transparent platform to trade binary options and spreads for traders,” stated Tim McDermott at Nadex. "Our growth in volumes can also be attributed to the enhanced efficiency of our trading platform as well as building closer relationships with trading members.”
2013 highlights for Nadex include:
- Average daily volume (ADV) more than doubled year-over-year
- Record number of active traders
Nadex is the first and largest regulated, retail-focused, online futures exchange in the U.S focused on binary options and spreads. Through Nadex’s online platform, traders can hedge against or speculate on price movements in currency, commodity, event and equity index markets.
Notes to Editors
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.
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(at)nadex(dot)com.
Futures, options, and swaps trading involves risk and may not be appropriate for all investors.