The premier US-based, regulated exchange for binary options and spreads
Nadex is the leading exchange in the U.S offering binary options and spreads. Regulated by the CFTC and based in Chicago, with member funds held in segregated accounts in major US banks, Nadex offers secure and innovative ways to participate in the markets.
Using Nadex’s online and mobile platforms, traders can take positions on short-term price movements in a wide range of markets. From one account, you can trade stock indices, forex, commodities, economic events, and Bitcoin. With 5000 hourly, daily and weekly contracts traded 6 days a week, 23 hours a day, Nadex traders get an ongoing series of short-term trading opportunities.
Nadex is regulated by the Commodity Futures Trading Commission as a financial exchange. As such, we match buyers and sellers and do not take positions in any markets. Nadex is the North American unit of IG Group (LON: IGG), a FTSE-250 global financial services firm with a market cap of over $3.5 billion (as of February 2016).
- US-based, CFTC-regulated exchange
- Member funds held in segregated US bank accounts
- Trade multiple global markets from one account
- Limited risk with predefined maximum possible loss
- $100 minimum opening account balance
Chief Executive Officer & Director
Timothy joined Nadex in 2008 as the General Counsel and Chief Regulatory Officer and was appointed Chief Executive Officer in May, 2014. Timothy has over 25 years of management, legal, and regulatory experience in the financial markets, including as Director and Compliance Counsel with the Chicago Mercantile Exchange (CME) and, before that, as a partner with the law firm of Gardner, Carton & Douglas.
Early in his professional career, Timothy worked as a financial analyst after passing the Illinois Certified Public Accounting examination.
Timothy earned his JD from Loyola University School of Law after graduating from the University of Notre Dame, where he majored in Accounting.
Chief Operating Officer
Peter joined Nadex in September 2015 as Chief Operating Officer, overseeing Customer Services, Sales and IT Operations. Peter has over 13 years’ experience working for Nadex's parent, IG Group plc., a FTSE-250 financial services company.
Before his appointment at Nadex, Peter served as Head of Credit Operations. Prior to that, Peter ran three other operational departments for IG (Client Money, Corporate Actions and Market Data). His team was in London, Australia and South Africa and supervised operations for all 17 IG offices.
Peter studied Mathematics and French at Manchester University.
Chief Compliance Officer and Chief Regulatory Officer
Zachary joined Nadex in 2012 as the Chief Compliance Officer and was appointed Chief Regulatory Officer in March, 2015. Zachary has over 11 years of regulatory experience in the financial markets, working for both market participants and industry regulators. Most recently Zachary served as Compliance Manager of a retail futures brokerage firm and, before that, as an Audit Supervisor with the National Futures Association.
Zachary earned his Bachelor of Business Administration from the University of Wisconsin, Madison where he majored in both Finance and Risk Management.
Chief Financial Officer
George joined Nadex in 2013, initially serving as Financial Controller, and has since been involved in all finance, accounting, and treasury aspects of the business. George came to Nadex following a 12-year career in public accounting, most recently with Ernst & Young, where he primarily managed audits of Fortune 500 companies. In public practice, George has served a variety of industries including various financial service businesses. He is a licensed Certified Public Accountant and member of the American Institute of Certified Public Accountants and Futures Industry Association.
George earned his Bachelor’s and Master’s in Accounting from the University of Illinois at Chicago.
Head of Marketing
Nancy joined Nadex as the Head of Marketing in 2013 and has over 10 years of marketing experience in the retail brokerage industry. Prior to Nadex, Nancy was the Marketing Director at tradeMONSTER, who recently merged with OptionsHouse, and the Online Marketing Manager at optionsXpress, acquired by Charles Schwab.
Nancy earned her Bachelor of Science from Indiana University – Kelley School of Business, where she majored in Marketing.
John has been a Nadex director since January 2012 and acted as interim CEO from January - May 2014. John has over 15 years of experience in retail derivatives and developed the world’s first retail-focused binary contracts in 2002, while working as IG Group’s New Products Director. John has served as Head of Research and is currently Chief Analytics Officer at IG Group plc in London.
John studied Chemistry and Computer Science at Cambridge University and has a Masters in Finance from London Business School.
John is an experienced trial and appellate attorney, practicing at Collins & Collins in Chicago, Illinois. As an Assistant U.S. Attorney from 1992 through 1997, he prosecuted bank fraud, securities fraud, and other white collar crimes. In addition, John has served as general counsel for the United States Soccer Federation, Inc. and currently serves as a member of both the FIFA Legal Committee and the Board of Advisors of the National Sports Law Institute.
John studied Accountancy at the University of Illinois and earned his JD from University of Chicago Law School.
Robert is a Professor of Finance and the Frank W. Considine Chair of Applied Ethics in the Business School at Loyola University Chicago. His career spans almost three decades as a finance professor, and he has published more than 50 academic research articles and more than 20 books.
Robert’s books include the recent publication of the sixth edition of Understanding Futures Markets and the fifth edition of Futures, Options, and Swaps (both with James A. Overdahl).
Jon is currently Chief Information Officer at IG Group Holdings Plc, a role he has held since 2012 and is responsible for all IT functions and marketing operations in IG Group.
He has considerable experience built over 16 years in the business having held various roles at the Group including, Futures Dealer, Head of Futures Trading, Dealing Director and Dealing and Operations Director.
Partner With Us
Be a market maker or FCM with a US-based, CFTC-regulated exchange enjoying tremendous growth
What if, instead of just stocks, forex, or futures, your brokerage or FCM could offer customers an expansion of their daily trading opportunities to include stock indices, forex, and commodities, as well as unique ways to trade the weekly jobless claims, monthly unemployment, and Fed Funds rate numbers, not to mention the new digital currency Bitcoin, without the risk of owning bitcoins? All from one account.
Your clients’ trading world would suddenly be much, much bigger, wouldn’t it? So would your business.
And what if you could add all those markets and features to your client offerings with a plug-and-play solution utilizing leading-edge technology? Your IT workload is minimal and time to implementation is short.
Nadex is CFTC-regulated, based in Chicago, using major US banks. We are part of IG Group, a FTSE-250® company headquartered in London. In short, we’re trusted and trustworthy. Add to that easy expansion of services the rock-solid risk control that both you and your clients will enjoy:
- Fully collateralized trading without leveraged risk
- No margin calls or debit risk
- The ability to hedge short-term moves while holding longer-term positions
- Fixed, pre-determined maximum losses and profits
- Verified account management for guaranteed payouts on settlement
In short, partnering with Nadex is not just a low-cost way to expand the range of products you can offer your existing customers. It also lets you go after a whole new segment of potential clients in the US and overseas.
We offer some of the world’s most advanced exchange technology, an online matching engine with no legacy tech holding back innovation.
- 5000+ contracts traded daily
- Over 99.9% uptime
- Easy implementation of exchange technology for Nadex partners
- US-based and CFTC-regulated
Contact us to find out how to expand your offerings and your client base by partnering with Nadex.
Become a Nadex Market Maker
Nadex currently has three market makers contracted to provide liquidity to the markets, including Market Risk Management (“MRM”) which is a subsidiary of IG Group. All market makers are Exchange members and are subject to all Nadex Rules.
Other parties interested in becoming a Nadex market maker or Nadex FCM Member are invited to contact us.