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.
Note: Nadex can list additional contracts on a discretionary basis in accordance with the Nadex Rules, Commodity Exchange Act, and Commission Regulations.
| 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-8:25am |
Nonfarm Payrolls
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Monthly | 8:25am, day of Bureau of Labor Statistics release | Range of five (5) consecutive increments between 20,000 and 150,000, as determined by Nadex. | 5 | Mon, 3am-5pm; Mon-Thu, 6pm-5pm, Thu-Fri, 6pm-8:25am |