Derivatives Exchange Nadex Seeks CFTC Approval for Bitcoin Binary Options

By November 25, 2014Bitcoin Entertainment

Derivatives exchange Nadex plans to offer bitcoin binary options to customers in the US next month, if its filing to register the options with the country’s commodities regulator is accepted.

Nadex will offer daily and weekly bitcoin binary options contracts, taking prices from the bitcoin price index published by TeraExchange , a derivatives trading platform. Both Nadex and TeraExchange are regulated by the US  Commodity Futures Trading Commission (CFTC).

The exchange is one of three ‘designated contract […]

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