Please ensure you understand the relevant contract specs before trading. All times are EST and trading hours are subject to holidays. For definitions of the terms used in these specs, please refer to our glossary; for the rollover schedule for Nadex futures, click here.
United States
Our U.S. stock index contracts are based on the following futures.
| Nadex product | Underlying market | Lead months |
|---|---|---|
| Wall Street 30 | CBOT® E-mini Dow Futures | Mar, Jun, Sep, Dec |
| US 500 | CME® E-mini S&P 500 Index Futures | Mar, Jun, Sep, Dec |
| US Tech 100 | CME® E-mini NASDAQ 100 Index Futures | Mar, Jun, Sep, Dec |
| US SmallCap 2000 | CME® E-mini Russell 2000 Index Futures | Mar, Jun, Sep, Dec |
Binary Options: U.S. Stock Indices
| Tick size | Tick value | Minimum increment |
|---|---|---|
| 1 | $1 | 0.25 |
Wall St 30
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 20-minute |
Mon-Fri: 10:00am, 10:20am, 10:40am, 11:00am, 11:20am, 2:40pm, 3:00pm, 3:20pm, 3:40pm, 4:00pm | 6 | 15 | For 20 minutes preceding expiration |
| Intraday: 20-minute |
Mon-Fri: 11:40am, 12:00pm, 12:20pm, 12:40pm, 1:00pm, 1:20pm, 1:40pm, 2:00pm, 2:20pm | 4 | 15 | For 20 minutes preceding expiration |
| Intraday: 2-hour |
Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 12 | 15 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4:15pm | 40 | 21 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm |
| Weekly | Fri: 4:15pm | 200 | 13 | Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm |
Position Limit: 2,500
US 500
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 20-minute |
Mon-Fri: 10:00am, 10:20am, 10:40am, 11:00am, 11:20am, 2:40pm, 3:00pm, 3:20pm, 3:40pm, 4:00pm | 0.75 | 15 | For 20 minutes preceding expiration |
| Intraday: 20-minute |
Mon-Fri: 11:40am, 12:00pm, 12:20pm, 12:40pm, 1:00pm, 1:20pm, 1:40pm, 2:00pm, 2:20pm | 0.5 | 15 | For 20 minutes preceding expiration |
| Intraday: 2-hour |
Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 1.5 | 15 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4:15pm | 6 | 21 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm |
| Weekly | Fri: 4:15pm | 24 | 13 | Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm |
Position Limit: 2,500
US Tech 100
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 20-minute |
Mon-Fri: 10:00am, 10:20am, 10:40am, 11:00am, 11:20am, 2:40pm, 3:00pm, 3:20pm, 3:40pm, 4:00pm | 2 | 15 | For 20 minutes preceding expiration |
| Intraday: 20-minute |
Mon-Fri: 11:40am, 12:00pm, 12:20pm, 12:40pm, 1:00pm, 1:20pm, 1:40pm, 2:00pm, 2:20pm | 1 | 15 | For 20 minutes preceding expiration |
| Intraday: 2-hour |
Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 4 | 15 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4:15pm | 12 | 21 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm |
| Weekly | Fri: 4:15pm | 24 | 13 | Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm |
Position Limit: 2,500
US SmallCap 2000
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday: 20-minute |
Mon-Fri: 10:00am, 10:20am, 10:40am, 11:00am, 11:20am, 2:40pm, 3:00pm, 3:20pm, 3:40pm, 4:00pm | 0.7 | 15 | For 20 minutes preceding expiration |
| Intraday: 20-minute |
Mon-Fri: 11:40am, 12:00pm, 12:20pm, 12:40pm, 1:00pm, 1:20pm, 1:40pm, 2:00pm, 2:20pm | 0.6 | 15 | For 20 minutes preceding expiration |
| Intraday: 2-hour |
Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 1.4 | 15 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4:15pm | 4 | 21 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm |
| Weekly | Fri: 4:15pm | 12 | 13 | Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm |
Position Limit: 2,500
Touch Bracket™ contracts: U.S. Stock Indices
| Tick value | Minimum increment |
|---|---|
| $1 | Equivalent to tick size |
Wall Street 30
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| Weekly | Earlier of 4:15pm or when Wall Street 30 Index Value = or is > than the Cap, or = or is < the Floor | 500 | 4 | Mon, 3am-5pm; Mon-Fri, 6pm-4:15pm | 1 |
Position Limit: 100
US 500
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| Weekly | Earlier of 4:15pm or when US 500 Index Value = or is > than the Cap, or = or is < the Floor | 50 | 4 | Mon, 3am-5pm; Mon-Fri, 6pm-4:15pm | 0.1 |
Position Limit: 100
US Tech 100
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| Weekly | Earlier of 4:15pm or when US Tech 100 Index Value = or is > than the Cap, or = or is < the Floor | 150 | 4 | Mon, 3am-5pm; Mon-Fri, 6pm-4:15pm | 0.25 |
Position Limit: 100
US SmallCap 2000
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| Weekly | Earlier of 4:15pm or when US SmallCap 2000 Index Value = or is > than the Cap, or = or is < the Floor | 50 | 4 | Mon, 3am-5pm; Mon-Fri, 6pm-4:15pm | 0.1 |
Position Limit: 100
Call Spreads: U.S. Stock Indices
| Tick value | Minimum increment |
|---|---|
| $1 | Equivalent to tick size |
Wall Street 30
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 100 | 5 | For 2hrs preceding expiration | 1 |
| 8.25-hour | Mon-Fri, 4:15pm | 300 | 5 | Mon-Fri, 8am-4:15pm | 1 |
| Daily | Mon-Fri, 4:15pm | 400 | 3 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 1 |
| Daily | Mon-Fri, 4:15pm | 800 | 1 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 1 |
Position Limit: 31,250
US 500
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 10.0 | 5 | For 2hrs preceding expiration | 0.1 |
| 8.25-hour | Mon-Fri, 4:15pm | 30.0 | 5 | Mon-Fri, 8am-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 40.0 | 3 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 80.0 | 1 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
Position Limit: 31,250
US Tech 100
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 10 | 5 | For 2hrs preceding expiration | 0.1 |
| 8.25-hour | Mon-Fri, 4:15pm | 30 | 5 | Mon-Fri, 8am-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 40 | 3 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 80 | 1 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
Position Limit: 125,000
US SmallCap 2000
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 7.0 | 5 | For 2hrs preceding expiration | 0.1 |
| 8.25-hour | Mon-Fri, 4:15pm | 20.0 | 5 | Mon-Fri, 8am-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 30.0 | 3 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
| Daily | Mon-Fri, 4:15pm | 60.0 | 1 | Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm | 0.1 |
Position Limit: 50,000
Rest of the World
Our rest of the world stock index contracts are based on the following futures.
| Nadex product | Underlying market | Lead months | ||
|---|---|---|---|---|
| FTSE 100 | Liffe FTSE 100® Index Futures | Mar, Jun, Sep, Dec | ||
| Germany 30 | Eurex DAX® Index Futures | Mar, Jun, Sep, Dec | ||
| Japan 225 | SGX Nikkei 225® Index Futures | Mar, Jun, Sep, Dec | ||
| China 50 | SGX FTSE Xinhua China A50® Index Futures | Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sep, Oct, Nov, Dec |
Binary Options: Rest of the World Stock Indices
| Tick size | Tick value | Minimum increment |
|---|---|---|
| 1 | $1 | 0.25 |
FTSE 100
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday | Mon-Fri: 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm | 15 | 9 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4pm | 20 | 21 | Mon-Fri, 3am-4pm |
| Weekly | Fri: 4pm | 50 | 13 | Mon-Fri, 3am-4pm |
Position Limit: 2,500
Germany 30
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Intraday | Mon-Fri: 5am, 6am, 7am, 8am, 9am, 10am, 11am, 12pm, 1pm, 2pm, 3pm | 20 | 9 | For 2hrs preceding expiration |
| Daily | Mon-Fri: 4pm | 20 | 21 | Mon-Fri, 3am-4pm |
| Weekly | Fri: 4pm | 50 | 13 | Mon-Fri, 3am-4pm |
Position Limit: 2,500
Japan 225
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Daily | Mon-Fri, 1:25am | 40 | 15 | Sun-Fri, 6:45pm-1:25am |
| Weekly | Fri, 1:25am | 100 | 13 | Sun-Fri, 6:45pm-1:25am |
Position Limit: 2,500
China 50
| Duration | Expiration | Strike width | No. of contracts | Trading hours |
|---|---|---|---|---|
| Daily | Mon-Fri, 2:55am | 20 | 15 | Sun-Fri, 8:00pm-2:55am |
| Weekly | Fri, 2:55am | 100 | 13 | Sun-Fri, 8:00pm-2:55am |
Position Limit: 2,500
Call Spreads: Rest of the World Stock Indices
| Tick value | Minimum increment |
|---|---|
| $1 | Equivalent to tick size |
FTSE 100
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 4pm | 50 | 3 | For 2hrs preceding expiration | 1 |
| 8-hour | Mon-Fri, 4pm | 150 | 3 | Mon-Fri, 8am-4pm | 1 |
| Daily | Mon-Fri, 4pm | 200 | 3 | Mon-Fri, 3am-4pm | 1 |
| Daily | Mon-Fri, 4pm | 400 | 1 | Mon-Fri, 3am-4pm | 1 |
Position Limit: 62,500
Germany 30
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| 2-hour | Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm | 50 | 3 | For 2hrs preceding expiration | 1 |
| 8-hour | Mon-Fri, 4pm | 150 | 3 | Mon-Fri, 8am-4pm | 1 |
| Daily | Mon-Fri, 4pm | 200 | 3 | Mon-Fri, 3am-4pm | 1 |
| Daily | Mon-Fri, 4pm | 400 | 1 | Mon-Fri, 3am-4pm | 1 |
Position Limit: 62,500
Japan 225
| Duration | Expiration | Range | No. of contracts | Trading hours | Tick size |
|---|---|---|---|---|---|
| Daily | Mon-Fri, 1:25am | 400 | 3 | Sun-Fri, 6:45pm-1:25am | 1 |
| Daily | Mon-Fri, 1:25am | 800 | 1 | Sun-Fri, 6:45pm-1:25am | 1 |
Position Limit: 31,250
Pursuant to Nadex Rule 12.1(e), in instances where a duplicate strike width would be generated under the applicable product rule, the strike width for that contract will be adjusted by the pre-determined levels described in this table.