CHICAGO--(BUSINESS WIRE)--Today, the North American Derivatives Exchange (Nadex) - the first and only regulated retail-focused futures exchange in the United States - announced the expansion of its equity index product line to include US SmallCap 2000 Binaries and Bull Spreads, which settle based on an Expiration Value calculated with reference to the ICE Russell 2000® Index Mini Futures.
The Russell 2000 measures the performance of the small-cap segment of the US equitymarket. This index includes approximately 2,000 of the smallest US-listed securities and is constructed to provide a comprehensive and unbiased small-cap barometer.
“Nadex continues to see rapid growth in trading volume on our equity index based contracts” says Yossi Beinart, CEO and President of Nadex. “We believe our US SmallCap 2000 products will be a welcome addition for retail traders looking to take a position on near-term movements in the Russell 2000 Index Mini Futures.”
Nadex’s Binaries 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 and potential gain are limited by the contract’s cap and floor. In neither case can a trader lose more than the amount they are required to place in collateral.
Nadex’s product line of Binaries and Bull Spreads includes a wide range of equity index contracts (Wall Street 30, US 500, US Tech 100, Germany 30, Korea 200, US SmallCap 2000, FTSE 100®), energy contracts (crude oil, natural gas), currency contracts (EUR, GBP, CAD, CHF, JPY, AUD), metal contracts (gold, silver, copper), and agricultural contracts (corn, soybeans). Event contracts, including Initial Jobless Claims, Fed Funds, European Central Bank Rate and Nonfarm Payrolls announcements, are also available.
About NADEX
Nadex, headquartered in Chicago, is a
wholly-owned subsidiary of the U.K.-based IG Group Holdings, subject to
regulatory oversight by the CFTC. Through Nadex, traders can use Binary
Options and Bull Spreads to hedge against or speculate on price
movements in currency, commodity, event, and equity index markets.
To learn more about Nadex, please visit www.nadex.com. For information on becoming a Nadex member, call 1-877-776-2339 or e-mail Peter.Lee@nadex.com.
RUSSELL 2000® is a registered mark of Frank Russell Company. ICE Futures® and ICE Data® are a registered marks of IntercontinentalExchange, Inc. All rights in the Futures Trading Data of ICE Futures and its affiliate ICE Data LLP vest in IntercontinentalExchange, Inc. Nadex Contracts are not sponsored, endorsed, sold or promoted by Frank Russell Company or IntercontinentalExchange, Inc.