What Does Nadex Do?

Total employees164
HeadquartersChicago
FoundedN/A

Nadex (North American Derivatives Exchange) is a U.S.-based, Commodity Futures Trading Commission (CFTC) regulated exchange offering retail traders access to binary options, call spreads, and knock-out contracts. It provides opportunities to trade on a wide range of global markets, including stock market indices, forex currency pairs, commodities (like oil and gold), and economic events, with predefined risk and reward. Nadex emphasizes providing a secure, transparent, and regulated trading environment for its members. In March 2022, Nadex was acquired by Crypto.com, a major global cryptocurrency platform, with the aim of expanding regulated derivatives offerings to U.S. customers, including cryptocurrency derivatives.

Where Is Nadex's Headquarters?

HQ Function

Serves as the primary operational hub for the exchange, encompassing technology infrastructure management, market operations, regulatory compliance under the CFTC, and member support services.

Notable Features:

Situated in a prominent commercial office building within Chicago's Loop, offering proximity to the financial industry's core. The facilities are designed to support secure and resilient exchange operations.

Work Culture:

As a regulated financial entity, the work culture at Nadex likely fosters precision, adherence to compliance, technological advancement, and a strong customer-centric approach. Post-acquisition by Crypto.com, it may also incorporate aspects of a dynamic, fast-paced fintech environment.

HQ Significance:

The Chicago headquarters is vital due to its location in a major global financial center, reinforcing Nadex's position as a U.S.-regulated derivatives exchange and facilitating its operational requirements.

Values Reflected in HQ: The choice of a Chicago financial district location underscores Nadex's commitment to operating as a legitimate and reliable U.S. regulated financial market, prioritizing security and integrity.

Location:

Nadex is a U.S.-based exchange, regulated by the CFTC, and its core operations are managed from its Chicago headquarters. While primarily serving U.S. residents, Nadex's platform is also accessible to traders from various other countries, subject to international and local regulations, as well as Nadex's own terms of service. Its acquisition by Crypto.com, a company with a significant global footprint, strategically positions Nadex within a broader international financial technology ecosystem, though Nadex itself continues to operate under its U.S. regulatory framework.

Street Address:

200 West Jackson Blvd., Suite 1400

City:

Chicago

State/Province:

IL

Country:

USA

Where Else Does Nadex Operate Around the World?

No additional office locations available.

Buying Intent Signals for Nadex

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Nadex? Meet the Executive Team

As of April 2025, Nadex' leadership includes:

Ralph S. Riccardi - President & CEO, Nadex and Head of US Derivatives, Crypto.com

Who's Investing in Nadex?

Nadex has been backed by several prominent investors over the years, including:

Crypto.com (current parent company, acquired Nadex in March 2022)
IG Group (former parent company until March 2022)

What Leadership Changes Has Nadex Seen Recently?

Hire1
Exits0

Following its acquisition by Crypto.com (completed in March 2022), Nadex's leadership structure has been integrated with Crypto.com. Key leadership roles for Nadex are now often combined with broader responsibilities within Crypto.com's U.S. derivatives operations. The primary recent executive development has been the confirmation of leadership overseeing Nadex within the new parent company structure.

New Appointments:

Ralph S. Riccardi, Ralph S. Riccardi assumed/confirmed the role of President & CEO of Nadex, leading the exchange operations as part of Crypto.com and also spearheading Crypto.com's U.S. derivatives strategy.

What Technology (Tech Stack) Is Used byNadex?

Discover the tools Nadex uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Nadex Email Formats and Examples

Email addresses at Nadex likely follow common professional patterns. Since the acquisition by Crypto.com, communication may also involve crypto.com email domains for personnel with roles spanning both entities.

A common professional email format is [first].[last]@nadex.com or [f][last]@nadex.com. For example, j.doe@nadex.com.

Format

example.user@nadex.com

Example

70%

Success rate

What's the Latest News About Nadex?

CoinDeskAugust 29, 2023

Nadex news title: Crypto.com Debuts Crypto Derivatives Trading in US Via Nadex Platform

Crypto.com announced the launch of its regulated crypto derivatives trading product for U.S. users, leveraging the licenses and infrastructure of Nadex. The initial offering includes 'UpDown Options' tied to the price movements of various cryptocurrencies....more

Finance MagnatesAugust 29, 2023

Nadex news title: Crypto.com’s US Derivatives Platform Goes Live With UpDown Options via Nadex

Crypto.com's U.S. exchange for derivatives trading, built upon the Nadex platform, has officially launched. The platform initially offers UpDown Options, a type of event contract, on assets including Bitcoin, Ether, and others, to retail traders in the United States....more

Crypto.com Press ReleaseMarch 1, 2022

Nadex news title: Crypto.com Completes Acquisition of Nadex and the Small Exchange

Crypto.com announced the successful completion of its acquisition of the North American Derivatives Exchange (Nadex) and the Small Exchange from IG Group. This acquisition allows Crypto.com to offer U.S. customers regulated derivative products....more

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