Contract Specifications

Commodities

Find important information regarding contract specifications for commodities, including expiration times, trading hours, underlying markets and more.

Please ensure that you understand the relevant contract specifications before trading. If you need any clarification, please contact Nadex and our trading support team can advise you further.

All times below are in Eastern (EST) and trading hours are subject to holidays. You can also see the rollover schedule for the futures underlying markets comprising Nadex’s contracts.

Event contracts

Our metals contracts are based on the underlying COMEX/NYMEX® Futures:

Nadex product Underlying market Lead months
GOLD COMEX/NYMEX® Gold Futures Feb., April, June, Aug., Dec.

Gold

Position limit: 250,000

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm 3 9 For 2 hours preceding expiration
Daily Mon-Fri, 1:30pm 3 21 Sun-Fri, 6pm-1:30pm
Weekly Fri, 1:30pm 10.0 13 Sun-Thu, 6pm-5pm; Thu-Fri, 6pm-1:30pm

Position limit: 250,000

Our energies contracts are based on NYMEX® Futures:

Nadex product Underlying market Lead months
CRUDE OIL NYMEX® Crude Oil Futures Every calendar month

Crude oil

Position limit: 250,000

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm 0.2 9 For 2 hours preceding expiration
Daily Mon-Fri, 2:30pm 0.4 23 Sun-Fri, 6pm-2:30pm
Weekly Fri, 2:30pm 1.00 13 Sun-Thu, 6pm-5pm; Thu-Fri, 6pm-2:30pm

Position limit: 250,000

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.

Test your skills with our free trading demo

Begin free demo