Chicago headquartered NADEX, the North American Derivatives Exchange, which is a US-regulated exchange offering traders the opportunity to trade binary options and spreads on a wide range of the most heavily traded forex, commodities and stock indices markets has announced the launching of a powerful new trading platform under the name Nadex Pro.
Nadex is the first and largest regulated, retail-focused, online binary options exchange in the U.S. and it is thus extremely popular with US traders, who are attracted by the added security of the fact that it is subject to regulatory oversight by the CFTC. It offers traders both desktop and mobile platforms through which they can hedge against or speculate on price movements in currency, commodity, event and equity index markets.
According to Nadex’s CEO Timothy McDermott, the release of the new Nadex Pro platform is a response to the demands of traders, since as he points out: “Active traders demand tools that provide fast, easy access to our exchange whether connecting through a browser, mobile device, or now through a desktop-based channel.” He therefore comments that “Meeting that demand and further enhancing the Nadex trader’s experience, Nadex Pro provides a professional level, customized experience to trade Nadex binary options and bull spreads.”
Indeed it appears that this new, advanced trading platform was carefully designed to meet the specific demands for a user-friendly and fast trading application, since it offers traders a single window view of all quotes, charts and order tickets, which can be customized to see the data and functions most relevant to each trader. Users can also monitor key markets with watch lists and visualize data in a new graphical interface.
Trading through Nadex Pro also ensures a number of additional features and benefits to traders, such as the Quick Trader window, which provides easy access to trading, charting and real-time data in one view, an advanced order entry window allowing traders to view and work orders in relation to the order book, a screener window that lets traders easily spot trade opportunities as markets get close to expiration and a flexible screen layout, which lets traders float order entry, charts or quote windows.