07.03.2011 14:00:00
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IG Markets Offering Expanded Nadex Product Range
IG Markets, a leader in the field of retail financial derivatives, is now offering a new line of Nadex-listed products; US SmallCap 2000 Binaries and Bull Spreads.
These products are settled by reference to the ICE Russell 2000® Index Mini Futures. The Russell 2000 is a popular market value weighted index, and acts as a key barometer for the performance of the small-cap section within the US equity market. The index incorporates 2,000 of the smallest US-listed securities.
Dan Cook, CEO of IG Markets, Inc, said: "We are very excited about offering Nadex’s new contracts on our trading platform. Our customers have a huge interest in equity indices, and in the Russell 2000 in particular, so we expect these products to be heavily traded. Until now there has been no way for retail investors to use Binaries or Bull Spreads to trade the small cap sector, so these new contracts will form an important part of our product range.”
A Binary Option is a basic yes or no proposition with a strictly defined maximum profit and loss. A Bull Spread is a variable payout contract with a floor and ceiling limiting a trader’s risk. All Binary Options and Bull Spreads offered by IG Markets are listed on Nadex, a Chicago based, CFTC regulated derivatives exchange. IG Markets’ Binary Options and Bull Spreads offering features a wide range of strike prices and expiration times, allowing traders to take nuanced, limited risk views on stock indices, forex, commodities and key economic announcements.
To learn more about IG Markets’ Binary Options and Bull Spreads visit: www.igmarkets.com/fx
Notes to editors
- IG Markets, Inc. specializes in financial derivatives, principally Binaries and Bull Spreads offered on the North American Derivatives Exchange (Nadex). The company also provides a margined OTC Foreign Exchange service.
- Nadex, Inc. is a Chicago-based, retail-orientated exchange offering simplified derivatives contracts on the world's markets. Nadex is subject to regulatory oversight by the CFTC.
- IG Markets, Inc. and Nadex, Inc. are part of IG Group, a UK FTSE 250 company headquartered in London.
RUSSELL 2000® is a registered mark of Frank Russell Company. ICE Futures® and ICE Data® are a registered marks of IntercontinentalExchange, Inc. All rights in the Futures Trading Data of ICE Futures and its affiliate ICE Data LLP vest in IntercontinentalExchange, Inc. Nadex Contracts are not sponsored, endorsed, sold or promoted by Frank Russell Company or IntercontinentalExchange, Inc.
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