Stock indices - contract specifications

Contract Specifications

Find important information regarding contract specifications for stock indices, 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

United States

Our US stock index contracts are based on the following futures:

Nadex product	Underlying market	Lead months
Wall Street 30	CBOT® E-mini Dow Futures	March, June, Sept., Dec.
US 500	CME® E-mini S&P 500 Index Futures	March, June, Sept., Dec.
US Tech 100	CME® E-mini NASDAQ 100 Index Futures	March, June, Sept., Dec.
US SmallCap 2000	CME® E-mini Russell 2000 Index Futures	March, June, Sept., Dec.

Event contracts

Wall Street 30

Position limit: 2,500,000

Duration	Expiration	Strike width	No. of contracts	Trading hours
Intraday: 20-minute	Mon-Fri: 10am, 10:20am, 10:40am, 11am, 11:20am, 2:40pm, 3pm, 3:20pm, 3:40pm, 4pm	16	15	For 20 minutes preceding expiration
Intraday: 20-minute	Mon-Fri: 11:40am, 12pm, 12:20pm, 12:40pm, 1pm, 1:20pm, 1:40pm, 2pm, 2:20pm	12	15	For 20 minutes preceding expiration
Intraday: 2-hour	Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm, (5pm Mon-Thu)	24	15	For 2 hours preceding expiration
Daily	Mon-Fri: 4:15pm	100	21	Sun-Fri, 6pm-4:15pm

US 500

Position limit: 2,500,000

Duration	Expiration	Strike width	No. of contracts	Trading hours
Intraday: 20-minute	Mon-Fri: 10am, 10:20am, 10:40am, 11am, 11:20am, 2:40pm, 3pm, 3:20pm, 3:40pm, 4pm	3	15	For 20 minutes preceding expiration
Intraday: 20-minute	Mon-Fri: 11:40am, 12pm, 12:20pm, 12:40pm, 1pm, 1:20pm, 1:40pm, 2pm, 2:20pm	2	15	For 20 minutes preceding expiration
Intraday: 2-hour	Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm, (5pm Mon-Thu)	6	15	For 2 hours preceding expiration
Daily	Mon-Fri: 4:15pm	12	21	Sun-Fri, 6pm-4:15pm

US Tech 100

Position limit: 2,500,000

Duration	Expiration	Strike width	No. of contracts	Trading hours
Intraday: 20-minute	Mon-Fri: 10am, 10:20am, 10:40am, 11am, 11:20am, 2:40pm, 3pm, 3:20pm, 3:40pm, 4pm	16	15	For 20 minutes preceding expiration
Intraday: 20-minute	Mon-Fri: 11:40am, 12pm, 12:20pm, 12:40pm, 1pm, 1:20pm, 1:40pm, 2pm, 2:20pm	12	15	For 20 minutes preceding expiration
Intraday: 2-hour	Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm, (5pm Mon-Thu)	24	15	For 2 hours preceding expiration
Daily	Mon-Fri: 4:15pm	48	21	Sun-Fri, 6pm-4:15pm

US SmallCap 2000

Position limit: 2,500,000

Duration	Expiration	Strike width	No. of contracts	Trading hours
Intraday: 20-minute	Mon-Fri: 10am, 10:20am, 10:40am, 11am, 11:20am, 2:40pm, 3pm, 3:20pm, 3:40pm, 4pm	1.4	15	For 20 minutes preceding expiration
Intraday: 20-minute	Mon-Fri: 11:40am, 12pm, 12:20pm, 12:40pm, 1pm, 1:20pm, 1:40pm, 2pm, 2:20pm	1.2	15	For 20 minutes preceding expiration
Intraday: 2-hour	Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm, (5pm Mon-Thu)	2.8	15	For 2 hours preceding expiration
Daily	Mon-Fri: 4:15pm	4	21	Sun-Fri, 6pm-4:15pm

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.