Stock Indices Contract Specifications

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 ICE 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 9 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 7 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 20 21 Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm
Weekly Fri: 4:15pm 100 13 Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm

Position Limit: 2500 Reportable Level: 1750


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 1 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 0.7 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 3 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: 2500 Reportable Level: 1750


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 3 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 2 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 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: 2500 Reportable Level: 1750


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 1 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 0.7 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 2 21 Mon, 3am-4:15pm; Mon-Fri, 8pm-4:15pm
Weekly Fri: 4:15pm 6 13 Mon, 3am-5pm; Mon-Thu, 8pm-5pm; Thu-Fri, 8pm-4:15pm

Position Limit: 2500 Reportable Level: 1750


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 Reportable Level: 1562


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 Reportable Level: 1562


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 Reportable Level: 6250


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, 8pm-4:15pm 0.1
Daily Mon-Fri, 4:15pm 60.0 1 Mon, 3am-4:15pm; Mon-Fri, 8pm-4:15pm 0.1

Position Limit: 50,000 Reportable Level: 2500


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: 2500 Reportable Level: 1750


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: 2500 Reportable Level: 1750


Japan 225

Duration Expiration Strike width No. of contracts Trading hours
Intraday:
20-minute
Sun: 8:20pm, 8:40pm, 9:00pm, 9:20pm, 9:40pm, 10:00pm, 10:20pm, 10:40pm, 11:00pm, 11:20pm, 11:40pm
Mon-Thu: 12:00am, 12:20am, 12:40am, 1:00am, 1:20am, 1:40am, 2:00am, 2:20am
8:20pm, 8:40pm, 9:00pm, 9:20pm, 9:40pm, 10:00pm, 10:20pm, 10:40pm, 11:00pm, 11:20pm, 11:40pm
Fri: 12:00am, 12:20am, 12:40am, 1:00am, 1:20am, 1:40am, 2:00am, 2:20am
20 9 For 20 minutes preceding expiration
Intraday Sun: 10pm, 11pm
Mon-Thu: 12am, 1am, 2am, 10pm, 11pm
Fri: 12am, 1am, 2am
40 9 For 2 hrs preceding expiration
Daily Mon-Fri, 2:25am 40 15 Sun-Fri, 7:45pm-2:25am
Weekly Fri, 2:25am 100 13 Sun-Fri, 7:45pm-2:25am

Position Limit: 2500 Reportable Level: 1750


China 50

Duration Expiration Strike width No. of contracts Trading hours
Daily Mon-Fri, 3:55am 20 15 Sun-Fri, 9:00pm-3:55am
Weekly Fri, 3:55am 100 13 Sun-Fri, 9:00pm-3:55am

Position Limit: 2500 Reportable Level: 1750


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 Reportable Level: 3125


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 Reportable Level: 3125


Japan 225

Duration Expiration Range No. of contracts Trading hours Tick size
Daily Mon-Fri, 2:25am 400 3 Sun-Fri, 7:45pm-2:25am 1
Daily Mon-Fri, 2:25am 800 1 Sun-Fri, 7:45pm-2:25am 1

Position Limit: 31,250 Reportable Level: 1562

 


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.