Nadex Expands Offering with New Knock Outs and Call Spreads
- New Knock Outs are structured to provide a simple entry point to underlying forex and commodity markets.
Nadex, the North American Derivatives Exchange, has expanded its offering with eight new knock-outs and ten call spreads, giving traders a new way to speculate on volatility in underlying Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and commodity markets.
Knock-outs, also known as Touch Bracket™ contracts, were innovated by Nadex parent IG Group. Then the concept spread to other brokers who are still offering binary options. In this type of derivatives, the trades outcome is based on the number of pips the assets price moves before you close the position.
Knock Outs are structured to provide a simple entry point to the most popular markets, with a built-in exit strategy on each trade.
Members Can Now Trade Eight New Knock-Outs Based on Forex Pairs and Commodities:
AUD/USD
USD/CAD
EUR/GBP
AUD/JPY
GBP/JPY
EUR/JPY
Natural gas
Silver
Unlike traditional spread-bets, Knock Outs have extended expiry length, can be opened or closed at any time as well as built-in Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term attributes that make them a little binary in nature. It involves automatic trigger points as contracts will automatically close if the underlying market price reaches the upper or lower knock-out level.
"These new knock-outs and call spreads form part of our ongoing commitment to bringing traders new opportunities and building out our offering. We strive to provide more optionality, with contracts that will suit different trading styles and strategies," said Adam McAden, Platform and Product specialist.
Furthermore, Nadex has introduced new call spreads with weekly durations that are worth up to $750, one of the largest dollar value contracts on the exchange.
Weekly Call Spread Durations Have Been Introduced for the Following Ten Forex Pairs:
- AUD/USD
- AUD/JPY
- EUR/USD
- GBP/USD
- USD/JPY
- USD/CHF
- USD/CAD
- EUR/GBP
- GBP/JPY
- EUR/JPY
Nadex remains the only legal way to trade binary options and spreads in the US. The firm, which provides investors with the opportunity to trade stock indices, forex, commodities, economic events and Bitcoin, is regulated by the CFTC as a Designated Contract Market and Derivatives Clearing Organisation.
Nadex, the North American Derivatives Exchange, has expanded its offering with eight new knock-outs and ten call spreads, giving traders a new way to speculate on volatility in underlying Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and commodity markets.
Knock-outs, also known as Touch Bracket™ contracts, were innovated by Nadex parent IG Group. Then the concept spread to other brokers who are still offering binary options. In this type of derivatives, the trades outcome is based on the number of pips the assets price moves before you close the position.
Knock Outs are structured to provide a simple entry point to the most popular markets, with a built-in exit strategy on each trade.
Members Can Now Trade Eight New Knock-Outs Based on Forex Pairs and Commodities:
AUD/USD
USD/CAD
EUR/GBP
AUD/JPY
GBP/JPY
EUR/JPY
Natural gas
Silver
Unlike traditional spread-bets, Knock Outs have extended expiry length, can be opened or closed at any time as well as built-in Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term attributes that make them a little binary in nature. It involves automatic trigger points as contracts will automatically close if the underlying market price reaches the upper or lower knock-out level.
"These new knock-outs and call spreads form part of our ongoing commitment to bringing traders new opportunities and building out our offering. We strive to provide more optionality, with contracts that will suit different trading styles and strategies," said Adam McAden, Platform and Product specialist.
Furthermore, Nadex has introduced new call spreads with weekly durations that are worth up to $750, one of the largest dollar value contracts on the exchange.
Weekly Call Spread Durations Have Been Introduced for the Following Ten Forex Pairs:
- AUD/USD
- AUD/JPY
- EUR/USD
- GBP/USD
- USD/JPY
- USD/CHF
- USD/CAD
- EUR/GBP
- GBP/JPY
- EUR/JPY
Nadex remains the only legal way to trade binary options and spreads in the US. The firm, which provides investors with the opportunity to trade stock indices, forex, commodities, economic events and Bitcoin, is regulated by the CFTC as a Designated Contract Market and Derivatives Clearing Organisation.