Nadex launches AUD/USD Binaries and Bull Spreads

Nadex is a very interesting US venture - it's the only place in the US where you can trade binaries and bull spreads. This type of trading, although still small, is recently becoming quite popular in Europe and although Nadex has quite a lot of market education to do before people treat this as another mainstream trading option it is in a pole position to be North American spreads trading leader just by being the first.

Starting today, Nadex (North American Derivatives Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term) is further expanding its 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 product line by adding new AUD/USD Binaries and Bull Spreads to their product offering. To address client demand, traders now will be able to trade Binary and Bull Spread contracts with an Australian Dollar/US Dollar underlying. Additionally, Nadex has adjusted the strike intervals for its existing Forex intraday binaries to allow for more price movement.

Nadex’s Binary contracts are all-or-nothing contracts that pay out a fixed amount to the side of the trade that finishes in-the-money. Nadex’s Bull Spread contracts have a variable payout; a trader’s potential loss will not exceed the amount invested, and the potential gain is limited by the contract’s cap (for buyers) or floor (for sellers).

Nadex’s entire product line of Binary and Bull Spread contracts also includes: equity index contracts (Wall Street 30, US 500, US Tech 100, Germany 30, Korea 200, FTSE 100®), energy contracts (crude oil, natural gas), currencies (EUR, GBP, CAD, CHF, JPY), metals (gold, silver, copper), and agriculturals (corn, soybeans). Event contracts, including initial jobless claims, Fed Funds, European Central Bank rate announcements, nonfarm payrolls and unemployment, are also available on Nadex.

To learn more about trading these new products on Nadex, see Binary Options or Spread Contracts.