Intra-Day Trading to Rise at Nadex through New 5-Minute Expiry Contracts
- Nadex continues its extension of viable Binary Options products as the preferred trading venue for the financial derivative contract in North America. The firm launches 5-minute expiry contracts on FX crosses.
Leading binary options provider for US traders Nadex has enhanced its product coverage to cater to the growing number of short-term investors in the region. The firm filed an amendment to its product specification with the regulator in November, further reducing the expiration period on certain contracts. The financial regulator, the CFTC, issued a note on its website confirming the amendment and, thus, the availability of five-minute expiry contracts. The move signifies the growing importance of volatile-prone financial products.
Nadex, a regulated financial trading venue for binary options, provides access to major instruments. In its latest enhancement, the firm has extended its coverage of products.
A recent outburst in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders in global financial markets has bolstered trading activity across the board, with volumes taking a positive hit. The sharp price movements in financial instruments have given short-term traders fuel, as they explore fast-moving trading opportunities.
The details were issued in a seventy page filing document to the financial watchdog which outlined the specifications for each contract. The new five-minute expiry will be available on four 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 pairs - GBP/USD, EUR/USD, AUD/USD and USD/JPY.
The latest addition follows on from the exchange's 20-minute expiry contract launched last month on major stock indices, including the US 500, the US SMALLCAP 2000,US TECH 100 and the WALL STREET 30.
Timothy McDermott, Nadex's CEO, commented about the firm’s developments in a statement: "As the needs of the retail traders continue to evolve, Nadex is committed to offering new products to meet these demands.
"Through researching how our customers trade our current product set, we saw a large demand for shorter-duration contracts. We also expect to welcome a new set of cutting-edge retail traders who are looking for the multiple daily profit opportunities, all at a predetermined risk level, that 20-minute binary options contracts offer."
In the filing, the venue also outlined some amendments to its calculation methods. The CFTC updated its website on the twelfth of December, confirming its approval of the new contracts.
Leading binary options provider for US traders Nadex has enhanced its product coverage to cater to the growing number of short-term investors in the region. The firm filed an amendment to its product specification with the regulator in November, further reducing the expiration period on certain contracts. The financial regulator, the CFTC, issued a note on its website confirming the amendment and, thus, the availability of five-minute expiry contracts. The move signifies the growing importance of volatile-prone financial products.
Nadex, a regulated financial trading venue for binary options, provides access to major instruments. In its latest enhancement, the firm has extended its coverage of products.
A recent outburst in Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders in global financial markets has bolstered trading activity across the board, with volumes taking a positive hit. The sharp price movements in financial instruments have given short-term traders fuel, as they explore fast-moving trading opportunities.
The details were issued in a seventy page filing document to the financial watchdog which outlined the specifications for each contract. The new five-minute expiry will be available on four 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 pairs - GBP/USD, EUR/USD, AUD/USD and USD/JPY.
The latest addition follows on from the exchange's 20-minute expiry contract launched last month on major stock indices, including the US 500, the US SMALLCAP 2000,US TECH 100 and the WALL STREET 30.
Timothy McDermott, Nadex's CEO, commented about the firm’s developments in a statement: "As the needs of the retail traders continue to evolve, Nadex is committed to offering new products to meet these demands.
"Through researching how our customers trade our current product set, we saw a large demand for shorter-duration contracts. We also expect to welcome a new set of cutting-edge retail traders who are looking for the multiple daily profit opportunities, all at a predetermined risk level, that 20-minute binary options contracts offer."
In the filing, the venue also outlined some amendments to its calculation methods. The CFTC updated its website on the twelfth of December, confirming its approval of the new contracts.