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NADEXNorth American Derivatives Exchange
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Nadex also introduced a new order type: the Market Order with Protection (MOP).
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.
Nadex dropped its bid to open political markets that year after the CFTC said in April that contracts on political elections "involve gaming and are contrary to the public interest." Nadex backed off before things got too hot, which may have given regulators the incentive and time to turn their attention to the booming Intrade markets.