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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

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.
SILVER COMEX/NYMEX® Silver Futures March, May, July, Sept., Dec.

Gold

Position limit: 2,500,000

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 6 21 Sun-Fri, 6pm-1:30pm

Silver

Position limit: 2,500,000

Duration Expiration Strike width No. of contracts Trading hours
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm 0.06 9 For 2 hours preceding expiration
Daily Mon-Fri, 1:25pm 0.05 15 Sun-Fri, 6pm-1:25pm

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: 2,500,000

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

Pursuant to the Strike Levels Generated provisions of the applicable product rules covered in Section 14 of the Nadex Rulebook (e.g., Rule 14.88 for EUR/USD Intraday Event Contracts), where a generated strike level would duplicate an existing listed strike, the strike level will be adjusted using the applicable strike width offset values set forth in this table.