Nadex added binary strikes mid-day


#1

I went back to bed just after 10am EST. There were the usual 21 strikes. When I woke up 2 hours later, I noticed they added 15 more to the bottom. Is this normal? They now have 36 for the NQ daily binaries. The market did move down significantly, but I’ve never seen them add strikes in the middle of the trading day.


#2

yeah im pretty sure nadex rigs shit


#3

This has nothing to do with rigging. With volatile markets, Nadex can add strikes to certain instruments. They do this all the time and is always disclosed on the Nadex site. This is very clear in the TOU that they can do this at times and it is a GOOD thing. Lets say a news event is coming out and the market moves one direction super far, and it flies past all available strikes and you can not trade that market. Well, once they add in extra strikes you can now trade that market even though it has flown past avail good strikes etc. This is nadex offering more options to trade during volatile markets, it happens all the time