25 Nov '14, 4pm

Derivatives Exchange Nadex Awaiting for CFTC Approval to Launch Bitcoin Binary… #Nadex #CFTC http…

Derivatives Exchange Nadex Awaiting for CFTC Approval to Launch Bitcoin Binary… #Nadex #CFTC http…

The North American Derivatives Exchange (Nadex) announces its plans on launching a Bitcoin binary options offering in early December, subject to filing with the CFTC. Chicago-based, regulated online binary-options exchange Nadex is launching Bitcoin binary options contracts next month, according the company's November 24 announcement. The company is currently going under filing review from the US Commodity Futures Trading Commission (CFTC). Nadex said the new offering is in response to a strong demand from retail traders. Like other binary options contracts, investors will have the ability to trade based on where they think the contract is heading, using either daily or weekly contracts. The Bitcoin binary-option contracts will allow the trading of price movements of the cryptocurrency, without the need to hold any Bitcoins. "Bitcoin binary options are an exciting way to p...

Full article: http://cointelegraph.com/news/112987/derivatives-exchange...

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Derivatives Exchange Nadex Seeks CFTC Approval for Bitcoin Binary Options

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