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),....
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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....
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....
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....
31 march 2016 – BTCJam and net-ARB have been squabbling over the past few days over claims of false Bitcoin rewards issued by the former. Both companies have sent out emails to users denying responsibility for the false arbitration rewards, each blaming the other for the confusion and false reward claims. Net-ARB cites a 3rd party for verification of claims, whereas BTCJam cites the partnership between the 3rd party and net-ARB as the reason for their discontinued business. This entire dispute Highlights the need for robust, transparent smart contracts in the Bitcoin Blockchain ecosystem.
Asset management firm Valkyrie, one of the frontrunners for the first Ethereum ETF (exchange-traded fund) in the United States, has decided to pause its purchase of Ether futures contracts until the US Securities and Exchange Commission approves an Ether futures ETF. This comes barely a day after the asset manager reportedly secured approval to offer investors exposure to Ether futures under its existing strategy ETF (BTF). SEC Might Be Behind This Action, Bloomberg Expert Speculates On Friday, September 29, Valkyrie filed a 497 with the SEC, saying that it would halt the purchase of Ether....