Tim McDermott was CEO of regulated binary options exchange Nadex from 2014-2019, having first joined Nadex in 2008 as General Counsel.
Swap Execution Facility
The CFTC has issued an Order of Registration to AEGIS SEF granting it registration as a swap execution facility.
AEGIS Hedging Solutions comments on the advisory issued by the CFTC regarding the need for certain CTAs to register as SEFs.
In July 2019, the CFTC deemed the exchange dormant under because it had no trading for 36 consecutive months since its original Commission.