Nadex releases new mobile apps, market order type

The North American Derivatives Exchange (Nadex) said it has announced the release of new mobile trading apps for iPhone and Android with major upgrades.

The result of extensive study of members´ needs and trading habits, the new mobile apps provide more straight-forward functionality and will allow traders to more easily take advantage of trading opportunities.

Nadex also introduced a new order type: the Market Order with Protection (MOP). Like a traditional market order, the MOP allows you to enter a market quickly at the current price while being protected from fills at prices far from your target price.

Nadex is the first and largest CFTC-regulated online exchange in the US offering binary options and spreads to individual traders seeking low-cost, limited risk ways to participate in the markets. Customer funds are segregated and held in US banks. Using Nadex´s online and mobile platforms, traders can trade short-term price movements in the most heavily traded currency, commodity, and stock index markets, as well as on economic events and the price of Bitcoin, with limited-risk hourly, daily and weekly contracts.