The North American Derivatives Exchange (Nadex) has expanded its forex product range. Traders on Nadex will now be allowed to trade binary and spread contracts with an Australian dollar/U.S. dollar.
Nadex has also adjusted the strike intervals for its existing forex intraday binaries. Nadex’s binary contracts are all-or-nothing contracts that pay out a fixed amount to the side of the trade that finishes in-the-money, while its spread contracts have a variable payout.
Click here for the release from Business Wire.