Economic Event Contract Specifications

Please ensure you understand the relevant contract specs before trading. Times are EST and trading hours are subject to holidays. Events contracts are based on the official values from the relevant source agency.

Nadex Market Underlying Release / Source Agency Settlement Date
Fed Funds Rate Target Fed Funds Rate / FOMC Last day of FOMC meeting
Jobless Claims Jobless Claims / Department of Labor Day of ETA release
Nonfarm payrolls Nonfarm Payrolls / Bureau of Labor Statistics Day of Bureau of Labor Statistics release

Contract Specs For Events Binary Options

Tick Size Tick Value Minimum Increment Reportable Limit Position Limit
1 $1 0.25 12,500 for Economic Events None

Fed Funds Rate

Duration Expiration Strike width No. of contracts Trading hours
Open 5pm, business day before first day of scheduled FOMC meeting 0.25% 3 Week 1: Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu, 6pm-Fri, 4:15pm
Week 2: Sun, 6pm-Mon, 5pm

Jobless Claims

Duration Expiration Strike width No. of contracts Trading hours
Weekly 8:25am, day of ETA release 2000, 5000, 10,000 or 20,000 5 Mon, 3am-5pm; Mon-Wed, 6pm-5pm; Wed-Thu, 6pm-8:25pm

Nonfarm Payrolls

Duration Expiration Strike width No. of contracts Trading hours
Monthly 8:25am, day of Bureau of Labor Statistics release 25,000, 50,000, 75,000, 100,000 or 150,000 5 Mon, 3am-5pm; Mon-Thu, 6pm-5pm, Thu-Fri, 6pm-8:25am