What are Nadex trading hours?
Trading hours on Nadex are Sunday 6:00 p.m. – Friday 4:15 p.m. ET. This excludes end-of-day processing hours (Monday – Thursday, 5:00 p.m. - 6:00 p.m.) and holiday hours.
Check the trading hours before choosing a contract duration
Trading hours on Nadex encompass both what other exchanges call regular trading hours or the trading session—traditionally the time between the opening bell and the close—as well as after-hours trading.
Individual markets have their own trading hours which may be slightly different from the exchange open hours. You can find them on the contract specifications page for each asset class:
Why traders need to know a market’s trading hours
Nadex traders need to know a market's trading hours and contract duration for every trade placed. As the contract approaches expiration, it loses extrinsic (time) value.
In every trade, you can choose your initial cost, maximum possible profit, and time frame. You will always know your maximum risk exposure.
With a 20-minute, 5-minute, or 2-hour binary option, for example, you should know the exact start and expiration time of the contract in order to take full advantage of the time available.
For example, if you believe the EUR/USD forex pair is in an uptrend, but you believe the market move you want to trade could take a few days to happen, you will want to trade contracts with longer durations. This means you would more likely select a weekly binary contract and enter the trade on Sunday evening or Monday, rather than trading contracts with 2-hour durations.
On the other hand, if you are trading a move you expect to happen in the next hour, you would probably not choose a weekly binary and may choose a contract with a shorter duration. However, remember that you can always exit a trade early to minimize losses or lock in profits.