Exclusive: Former Nadex chief Tim McDermott named CEO of SEF TeraExchange
Tim McDermott was CEO of regulated binary options exchange Nadex from 2014-2019, having first joined Nadex in 2008 as General Counsel.
Tim McDermott was CEO of regulated binary options exchange Nadex from 2014-2019, having first joined Nadex in 2008 as General Counsel.
In July 2019, the CFTC deemed the exchange dormant under because it had no trading for 36 consecutive months since its original Commission.