Nadex’s Q4 Volumes Secure Sizable Gains on YoY Basis

by Jeff Patterson
  • Nadex managed to see higher volumes in 2016, also closing out the year higher despite waning volatility.
Nadex’s Q4 Volumes Secure Sizable Gains on YoY Basis
Finance Magnates

Nadex, a North American derivatives and binary options Exchange , has released its latest quarterly metrics, covering its total volumes and trading statistics – the latest Q4 2016 report highlights a strong growth in binary options, as well as other instruments, per a company filing.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Q4 2016 featured the most volatile trading periods of the calendar year – the passage of the US election, which also saw a surprise victory by Donald Trump, helped jolt markets with Volatility not seen in years. On a quarterly basis, total binary options trades and volumes managed to benefit in Q4 2016, soaring 70.0% YoY from Q4 2015.

A 2016 snapshot also yielded positive results, with Nadex seeing an aggregate 50% annualized increase in trading volumes, relative to 2015. This was driven mainly by a rising demand for alternatives to conventional trading instruments, such as binary options and exposure to digital currencies.

Timothy McDermott

Timothy McDermott

Isolating December 2016 however, Nadex’s trading volumes also reported a fresh all-time high, which bucked an industry trend that saw lower volumes on a MoM basis. Binary options were the largest source of growth during this period, ultimately seeing higher volumes than other instruments such as foreign exchange, futures, and stocks.

According to Nadex’s CEO Timothy McDermott in a recent statement on the metrics: "December and the whole fourth quarter showed the unique strengths of exchange-traded binary options. Whatever market conditions our members encountered, they could take advantage of those opportunities with confidence."

Nadex, a North American derivatives and binary options Exchange , has released its latest quarterly metrics, covering its total volumes and trading statistics – the latest Q4 2016 report highlights a strong growth in binary options, as well as other instruments, per a company filing.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong.

Q4 2016 featured the most volatile trading periods of the calendar year – the passage of the US election, which also saw a surprise victory by Donald Trump, helped jolt markets with Volatility not seen in years. On a quarterly basis, total binary options trades and volumes managed to benefit in Q4 2016, soaring 70.0% YoY from Q4 2015.

A 2016 snapshot also yielded positive results, with Nadex seeing an aggregate 50% annualized increase in trading volumes, relative to 2015. This was driven mainly by a rising demand for alternatives to conventional trading instruments, such as binary options and exposure to digital currencies.

Timothy McDermott

Timothy McDermott

Isolating December 2016 however, Nadex’s trading volumes also reported a fresh all-time high, which bucked an industry trend that saw lower volumes on a MoM basis. Binary options were the largest source of growth during this period, ultimately seeing higher volumes than other instruments such as foreign exchange, futures, and stocks.

According to Nadex’s CEO Timothy McDermott in a recent statement on the metrics: "December and the whole fourth quarter showed the unique strengths of exchange-traded binary options. Whatever market conditions our members encountered, they could take advantage of those opportunities with confidence."

About the Author: Jeff Patterson
Jeff Patterson
  • 5343 Articles
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About the Author: Jeff Patterson
Head of Commercial Content
  • 5343 Articles
  • 90 Followers

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