American binary options go mobile as NADEX launches iPad app

The North American Derivatives Exchange (NADEX) has today announced the release of its iPad app to provide retail traders the ability to trade binary options and bull spreads on an intuitive platform which offers full functionality.

NADEX is one of two regulated binary options exchanges in the United States, the other being Cantor Exchange, and is based in Chicago, home to the majority of trading venues and institutional desks which serve the Western markets.

According to NADEX, the new iPad application provides traders an additional way to trade binary options and bull spreads based on stock indices, forex, commodities and major economic events on global financial markets. Key features of the iPad app include:

· Filtered searches by binary price 0 to 100 for smart trading

· Order tickets populated directly from charts with one click for faster trading

· Customized watch lists and view of most popular markets in real time

· Expanded screen with view of open positions, working orders and account balances

“Active retail traders looking to trade binary options around the clock can greatly benefit from the access and flexibility provided through the iPad app,” said Timothy McDermott, who was recently appointed CEO of NADEX after six years at CME.

“As active traders continue to migrate towards mobile devices for all of their daily activities, providing access to the exchange through the iPad was the logical next step for NADEX. The application provides traders access to all the contracts they are used to finding on the Nadex platform, paired with the ability to trade on the go” concluded Mr. McDermott.

 

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