Binary exchange Nadex has record volume.
Nadex, the first and largest CFTC-regulated online exchange in the U.S offering binary options and spreads to individual traders announced this week December 2016 saw the highest monthly trading volume in Nadex’s history.
Nadex also reported over 70% year-to-year growth in trade volume and total trades of binary options during the fourth quarter of 2016 compared to Q4 2015.
Furthermore, Nadex saw an overall 50% increase in annual trades and volume from 2015 to 2016. Being that December 2016 volume was the highest in Nadex’s history, it reflects a sustained mainstream demand for limited-risk alternatives to conventional trading.
The binary options trading venue also informed that the Nadex mobile and web apps were streamlined to make instant document upload easier, giving new Nadex members a smoother online application process than ever.
Nadex CEO Timothy McDermott said:
December and the whole fourth quarter showed the unique strengths of exchange-traded binary options. Whatever market conditions our members encountered, they could take advantage of those opportunities with confidence.
