IG group subsidiary North American Derivatives Exchange, operating under the Nadex brand, has added further time series to two major forex pairs, Forex Magnates speaks to it's CEO-designate Timothy McDermott for comments.
With GBP and AUD experiencing trending price action over the last year relative to the USD, the North American Derivatives Exchange (Nadex), which offers US regulated binary options trading, has extended the number of expirations for these two currency pairs respectively, in order to meet greater demand from clients around-the-clock.
Previously, these pairs only had two specific expiration times including 10am and 3pm, for the short-term two-hour contract specifications, and as per the official press release an additional 16 two-hourly expirations were added, including 4pm, 5pm, 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am and 9am (all times are in EST).
Nadex Chief Comments on Recent Volumes and Retail FX Market in the US.
Forex Magnates' reporters spoke with Nadex's CEO-Designate, Timothy McDermott, who also holds the roles of General Counsel and Chief Regulatory Officer for the firm. He provided feedback following the announcement, including answers in response to questions we asked, and said, "We see a growing acceptance among traders for exchange-based markets in the United States. As OTC retail FX markets have been flat or even shrinking in terms of the volume of trading in the US, both trading volumes and number of active traders on Nadex have been growing. With respect to retail traders who have been active in the stock market, we see our markets – and particularly our Wall Street 30, US 500 and other contracts based on equity index futures – as a natural fit."
Mr. McDermott added, as part of the feedback to Forex Magnates regarding the announcement,"Nadex volumes are growing generally, and we expect the addition of the overnight expirations to add to that growth in these pairs."
Expiries Expanded to Cover Additional Time Frames
As a result of clients looking to capture short-term price movements, since these pairs have trended generally in one direction over the last year with AUD weakening versus the USD, and the GBP strengthening relative to the US currency, the short-term binary options contracts, which expire after two hours, were expanded to give a wider range of time series to choose from for intraday trading.
Timothy McDermott, CEO-Designate at Nadex
“By adding additional intraday expirations during overnight hours, we are continuing to respond to requests for additional FX trading opportunities by our members,” added Timothy McDermott, CEO-Designate at Nadex, commenting in the official press release.
Mr. McDermott concluded regarding the increase trading activity and changes to meet around-the-clock demand, "We have seen a tremendous uptick in traders leveraging our daily and intraday contracts in order to boost trading opportunities and effectively capitalize on short-term movements in the market. The currencies in these intraday contracts are some of the most actively traded in the FX market and we wanted to provide traders with even more trading opportunities from market open on Sundays.”
Binary Options in the US and the Rest of the World
In the US, Nadex is regulated as a Designated Contract Market (DCM) and Designated Clearing Organization (DCO) with the Commodity Futures Trading Commission (CFTC), and thus able to serve US clients with a product that is normally offered by OTC brokers outside of the US.
Nadex is part of the UK headquartered IG Group, and is one of the few regulated exchanges in the US to offer on-exchange binary options, covering some 2,400 different binary options contracts across multiple time frames and markets, thus providing traders a new way to speculate as well as hedge against movements in underlying and correlated asset classes.
Binary options have risen to popularity among both Forex traders (of which binary options traders are a subset), as well as both subsets of other segments such as stock options and stock market traders, as well as traders who focus mainly on binary options trading as part of their strategy to cover price movements across different markets.
With GBP and AUD experiencing trending price action over the last year relative to the USD, the North American Derivatives Exchange (Nadex), which offers US regulated binary options trading, has extended the number of expirations for these two currency pairs respectively, in order to meet greater demand from clients around-the-clock.
Previously, these pairs only had two specific expiration times including 10am and 3pm, for the short-term two-hour contract specifications, and as per the official press release an additional 16 two-hourly expirations were added, including 4pm, 5pm, 8pm, 9pm, 10pm, 11pm, 12am, 1am, 2am, 3am, 4am, 5am, 6am, 7am, 8am and 9am (all times are in EST).
Nadex Chief Comments on Recent Volumes and Retail FX Market in the US.
Forex Magnates' reporters spoke with Nadex's CEO-Designate, Timothy McDermott, who also holds the roles of General Counsel and Chief Regulatory Officer for the firm. He provided feedback following the announcement, including answers in response to questions we asked, and said, "We see a growing acceptance among traders for exchange-based markets in the United States. As OTC retail FX markets have been flat or even shrinking in terms of the volume of trading in the US, both trading volumes and number of active traders on Nadex have been growing. With respect to retail traders who have been active in the stock market, we see our markets – and particularly our Wall Street 30, US 500 and other contracts based on equity index futures – as a natural fit."
Mr. McDermott added, as part of the feedback to Forex Magnates regarding the announcement,"Nadex volumes are growing generally, and we expect the addition of the overnight expirations to add to that growth in these pairs."
Expiries Expanded to Cover Additional Time Frames
As a result of clients looking to capture short-term price movements, since these pairs have trended generally in one direction over the last year with AUD weakening versus the USD, and the GBP strengthening relative to the US currency, the short-term binary options contracts, which expire after two hours, were expanded to give a wider range of time series to choose from for intraday trading.
Timothy McDermott, CEO-Designate at Nadex
“By adding additional intraday expirations during overnight hours, we are continuing to respond to requests for additional FX trading opportunities by our members,” added Timothy McDermott, CEO-Designate at Nadex, commenting in the official press release.
Mr. McDermott concluded regarding the increase trading activity and changes to meet around-the-clock demand, "We have seen a tremendous uptick in traders leveraging our daily and intraday contracts in order to boost trading opportunities and effectively capitalize on short-term movements in the market. The currencies in these intraday contracts are some of the most actively traded in the FX market and we wanted to provide traders with even more trading opportunities from market open on Sundays.”
Binary Options in the US and the Rest of the World
In the US, Nadex is regulated as a Designated Contract Market (DCM) and Designated Clearing Organization (DCO) with the Commodity Futures Trading Commission (CFTC), and thus able to serve US clients with a product that is normally offered by OTC brokers outside of the US.
Nadex is part of the UK headquartered IG Group, and is one of the few regulated exchanges in the US to offer on-exchange binary options, covering some 2,400 different binary options contracts across multiple time frames and markets, thus providing traders a new way to speculate as well as hedge against movements in underlying and correlated asset classes.
Binary options have risen to popularity among both Forex traders (of which binary options traders are a subset), as well as both subsets of other segments such as stock options and stock market traders, as well as traders who focus mainly on binary options trading as part of their strategy to cover price movements across different markets.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
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#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
