Chicago, United States
Abbreviation
Nadex
Location
Chicago, United States
Region
Americas
Group
IG Group
Product Types
Binary Options, Forex, Equity Index, Commodities
Nadex (North American Derivatives Exchange) is a CFTC-regulated exchange specialising in binary options and knock-outs contracts for US retail traders. Originally founded as HedgeStreet in 2004 and acquired by UK-listed IG Group in 2007, it was rebranded as Nadex in 2009. Nadex offers short-term binary option and spread contracts on forex pairs, equity indices, commodity markets (crude oil, gold, natural gas), and economic events. It serves as a retail-accessible venue for limited-risk derivatives trading.
Amercanex is a US-based cannabis commodity exchange headquartered in Denver, Colorado, designed to facilitate transparent wholesale trading of legal cannabis products between licensed growers, processors, and dispensaries. As one of the world's first regulated cannabis commodity exchanges, Amercanex aims to standardise pricing and improve supply-chain efficiency across state-legal cannabis markets.
The U.S. Futures Exchange (USFE) was a Chicago-based electronic futures exchange founded in 2004 by a consortium including Goldman Sachs, Man Financial, and others, with the goal of introducing competition into the US Treasury and energy futures markets dominated by the CME and CBOT. Despite significant backing and low-cost trading incentives, USFE failed to attract sufficient liquidity from established market participants and closed operations in December 2007 after roughly three years of trading.
LedgerX was the first CFTC-regulated bitcoin derivatives exchange in the United States, offering bitcoin options and futures contracts to institutional and retail participants. Founded in 2013 and launching trading in 2017, LedgerX pioneered regulated crypto derivatives clearing. In 2021, it was acquired by FTX and rebranded as FTX US Derivatives. Following the catastrophic collapse of the FTX exchange group in November 2022, FTX US Derivatives ceased operations.
The Chicago Mercantile Exchange (CME) is one of the world's most influential financial exchanges, founded in 1898 as the Chicago Butter and Egg Board and renamed CME in 1919. Headquartered in Chicago and part of CME Group, CME offers futures and options across meats, currencies, Eurodollar interest rates, equity index products, and a range of financial instruments, providing global risk management solutions to participants in over 150 countries.