Find important information regarding contract specifications for forex, including expiration times, trading hours, underlying markets and more.
Please ensure that you understand the relevant contract specifications before trading. If you need any clarification, please contact Nadex and our trading support team can advise you further.
All times below are in Eastern (EST) and trading hours are subject to holidays.
Event contracts: spot forex
Minimum tick size: 0.01 / Tick value: $0.01
EUR/USD
Position limit: 2,500,000
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 5-minute | Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) *except during wide hours | 0.0002 | 5 | For 5 minutes preceding expiration |
| Intraday: 5-minute (wide) | Mon-Fri: every 5 minutes from 8:05am to 12:05pm | 0.0002 | 9 | For 5 minutes preceding expiration |
| Intraday: 2-hour | Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu | 0.0004 | 13 | For 2 hours preceding expiration |
GBP/USD
Position limit: 2,500,000
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 5-minute | Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) *except during wide hours | 0.0002 | 7 | For 5 minutes preceding expiration |
| Intraday: 5-minute (wide) | Mon-Fri: every 5 minutes from 8:05am to 12:05pm | 0.0004 | 7 | For 5 minutes preceding expiration |
| Intraday: 2-hour | Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu | 0.0008 | 11 | For 2 hours preceding expiration |
USD/JPY
Position limit: 2,500,000
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 5-minute | Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) *except during wide hours | 0.04 | 5 | For 5 minutes preceding expiration |
| Intraday: 5-minute (wide) | Mon-Fri: every 5 minutes from 8:05am to 12:05pm | 0.04 | 9 | For 5 minutes preceding expiration |
| Intraday: 2-hour | Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu | 0.14 | 11 | For 2 hours preceding expiration |
AUD/USD
Position limit: 2,500,000
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 5-minute | Sun-Fri: every 5 minutes from 6:05pm to 5pm (Fri, 4pm) *except during wide hours | 0.0002 | 5 | For 5 minutes preceding expiration |
| Intraday: 5-minute (wide) | Mon-Fri: every 5 minutes from 8:05am to 12:05pm | 0.0002 | 9 | For 5 minutes preceding expiration |
| Intraday: 2-hour | Hourly, Sun 8pm-Fri 4pm; no 6pm or 7pm expiration Mon-Thu | 0.0004 | 11 | For 2 hours preceding expiration |
Pursuant to the Strike Levels Generated provisions of the applicable product rules covered in Section 14 of the Nadex Rulebook (e.g., Rule 14.88 for EUR/USD Intraday Event Contracts), where a generated strike level would duplicate an existing listed strike, the strike level will be adjusted using the applicable strike width offset values set forth in this table.
