Hedgestreet re-brands as Nadex, offers simplified derivatives trading

Nadex (The North American Derivatives Exchange) is a very interesting concept allowing you to trade stock indices, commodities, forex, and economic

Nadex (The North American Derivatives Exchange) is a very interesting concept allowing you to trade stock indices, commodities, forex, and economic events with Limited Risk in a transparent, regulated market.

Nadex, Inc. is a retail-orientated exchange offering simplified derivatives contracts on the world’s markets. Nadex is subject to regulatory oversight by the CFTC.

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It is also a subsidiary of the UK’s IG Index, a leader in simplified trading and spread betting. This also explains why IG Index kept its US presence so far. It also is a market maker in a way, because another fully owned IG Index’s subsidiary serves as a market maker for this exchange, ergo: trading with Nadex is trading with a market maker, just like in stocks and similar to Forex.

The full release:

Extrabet.com

New Website. New Trading Front-end. New Name. New Products. Same Exchange.

HedgeStreet becomes, Nadex, the North American Derivatives Exchange.

With our new name, we are releasing a new website on Sunday June 21st. This new website includes a significantly improved trading front-end with new content, and many new features, such as:

  • Streamlined order entry
  • Enhanced functionality and speed
  • Improved charting and resources
  • More customizable options for members

The existing website will automatically direct users to the new website, www.nadex.com, where the improved trading functionality has been available on Mock Trader for the last week.

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To celebrate the new features and functionality, existing HedgeStreet members and new Nadex members will not be charged any trading or settlement fees for 4 weeks, beginning on Sunday, June 21st 2009. Following this 4 week promotion Nadex’s new fee structure will cap trading fees at $7 per order. Orders to buy or sell 7 or fewer contracts still will incur a $1.00 per contract trading fee. Positions that expire and settle at a loss will not incur any settlement fee.

If you haven’t already opened a live trading account; please open an account on or after Sunday June 21st as this function will be unavailable after the market close on Friday June 19th through Saturday June 20.

You can login to your account on Nadex.com using the same user name and password that you have used on the HedgeStreet Exchange website as long as you have logged into your account within the last six weeks. If you have not logged into your account during that time frame, we weren’t able to confirm your password and access rights. Therefore, you will need to call us at 877-776-2339 to re-activate your account information.

Also, take a look at the binary and spread contracts in our new equity index markets, the Wall St 300, US Tech 100 and US 500 and our new Soybean and Corn commodity markets. For more information on these new markets, click here.

If you have any questions, our customer service team will be happy to assist you. Please email us or call us at 877-776-2339.

Many thanks,

Nadex Team

www.nadex.com

1 “Dow Jones,” “DJIA,” and “The Dow” are registered marks of the Dow Jones & Company, Inc. S&P 500 is a registered mark of the McGraw-Hill Companies, Inc. NASDAQ and NASDAQ-100 are registered marks of the Nasdaq Stock Market, Inc. CME is a registered mark of the Chicago Mercantile Exchange Inc. CBOT is a registered mark of the Board of Trade of the City of Chicago, Inc. Nadex, Inc. is not affiliated with these organizations and neither they nor their affiliates sponsor or endorse Nadex Inc. or its products in any way.

Futures trading and options trading involve risk, which may result in financial loss, and are not suitable for everyone. Any trading decisions that you may make are solely your responsibility. The trading activity and other information represented herein are for informational purposes only and are not guaranteed in any way. The contents of this e-mail are not an offer, or a solicitation of an offer, to buy or sell any particular financial instrument from Nadex.

This electronic mail message and any attachments may contain confidential and/or privileged information that is only intended for use by Nadex, Inc. or third-parties to whom it is directed. The contents of this electronic mail message are not to be copied, modified, published, transmitted, distributed, performed, displayed, or sold in any way. If you are not the addressee, you are prohibited from disclosing, copying, distributing or taking any action based on the contents of this message. If you have received this message by mistake, please contact the sender immediately. All email sent to or from Nadex’s corporate email system may be retained, monitored and/or reviewed by Nadex personnel.

Nadex | 311 S. Wacker | Suite 2675 | Chicago | IL | 60606

Nadex, Inc. is subject to U.S. regulatory oversight by the CFTC.

The maximum risk for any trade is fixed and required in advance so you cannot be called upon for further funds. But please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction.

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