Derivatives Exchange Nadex Seeks CFTC Approval for Bitcoin Binary Options

Derivatives Exchange Nadex Seeks CFTC Approval for Bitcoin Binary Options

Derivatives exchange Nadex plans to offer bitcoin binary options to customers in the US next month, if its filing to register the options with the country's commodities regulator is accepted. Nadex will offer daily and weekly bitcoin binary options contracts, taking prices from the bitcoin price index published by TeraExchange, a derivatives trading platform. Both Nadex and TeraExchange are regulated by the US Commodity Futures Trading Commission (CFTC). The exchange is one of three 'designated contract markets' offering binary options in the US that are subject to CFTC oversight. It is....


Related News

U.S. Binary Options Exchange Resumes Bitcoin Trading

The North American Derivatives Exchange (Nadex) on Monday resumed the listing of bitcoin contracts after suspending the contracts in February on account of technical difficulties, according to SMN Weekly, which covers forex, binary options, and regulation news. Nadex, the largest U.S. binary options exchange, has resumed the listing now that it has the Tera Bitcoin Price Index available. Nadex Held Binary Contracts. On Feb. 9, Nadex advised the U.S. Commodity Futures Trading Commission (CFTC) of its decision to hold its daily and weekly bitcoin binary contracts. The exchange did not have....

Crypto.com to acquire two US exchanges for derivatives and futures offerings

Crypto.com aims to offer derivatives and futures products to its U.S. customers with the acquisition of Nadex and the Small Exchange. Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States with the acquisition of IG Group's stakes in two exchange platforms.Crypto.com announced that it is purchasing the U.S.-regulated North American Derivatives Exchange (Nadex) and the Small Exchange for a reported $216 million. The deal is expected to close in the first half of 2022, following regulatory approval. Both based in Chicago, Nadex offers retail investors....

NADEX Halts Bitcoin Contracts; Cites Price Feed Unavailability

NADEX just announced it was halting its bitcoin daily and weekly contracts in its binary options offerings. Here's what we know. On February 9, 2015 north American Derivatives Exchange, Inc. (NADEX) published a notice concerning its bitcoin contracts. The company detailed a halt in trading of its daily and weekly bitcoin binary contracts, based on the so called unavailability of the price index that underlies the contracts – the Tera Bitcoin Price Index. The release went on to detail that NADEX would not be issuing any new daily bitcoin contracts until further notice (no specifics given),....

Bitcoin binary options are a simplified version of traditional options

Bitcoin Binary options are a simplified version of traditional options. Instead of estimating multiple details at once, binary options streamline the estimation process and allow an investor to make one decision: will an asset increase in price by a given date? Binary options limit loss potential, and are a great place to start for options beginners. They can be traded on FOREX, NADEX, and CBOE (Chicago Board Options Exchange). Investors can purchase options that expire several hours in the future, weeks, or months. Different than previous binary option offerings, the new service which is....

Bright Future(s) with Bitcoin Derivatives

The impact that derivatives have had on the stock market has long been something academics and industry experts alike, have tried to quantify. In finance, a derivative is a contract that derives its value directly from the value of another asset. This underlying entity can be various things, ranging from individual stocks right up to the whole index, plus commodities and many others. By design, derivatives are used to insure against price variations. To the members of the financial field outside those that advocate Bitcoins’ revolutionary potential, Bitcoins are generally considered a....