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.
Aussies on CMC Invest Traded Local Stocks Six Times More Than US-Listed Ones
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
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
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
