Contract Specs
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 is 1, and tick value is $1
- Minimum increment is 0.25
- Reportable limit is 12,500 for Economic Events, and there is no position limit
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 |
Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm |
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-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm
|
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-4:15pm
|
Learn how to trade a Fed Funds Rate Binary Option
