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Stock Index Futures

Nadex lists a wide range of Binary Options and Bull Spread contracts based on benchmark equity index futures from the U.S., Europe and Asia.

See the table below for the stock indices listed on Nadex and their respective underlying futures market:

U.S.

Nadex Market 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

Europe

Nadex Market 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

Asia

Nadex Market Underlying Market* Lead Months
Japan 225 SGX® Nikkei 225 Index Futures Mar, Jun, Sep, Dec
Korea 200 Korea Exchange® KOSPI® 200 Index Futures Mar, Jun, Sep, Dec

Binary Options

For each market, Nadex lists a variety of expiry times:

  • Intraday/hourly (except Japan 225 and Korea 200)
  • Daily
  • Weekly

Within each expiry time, a range of different strike prices are offered (set according to the level of the underlying market from day to day).

For general information on how to trade Binary Options, please see the Binary Options section. For specific details on all the Stock Indices Binary Options available on Nadex, please click the Contract Specs tab on this page.

Bull Spread Contracts

For each market above, Nadex lists:

  • 1 daily expiry 'Master' Bull Spread contract (a single contract per day with a wide Floor/Ceiling range)
  • 3 daily expiry Bull Spreads (3 contracts per expiry with overlapping moderate Floor/Ceiling ranges)
  • 3 six-hour to 8.25-hour expiry Bull Spreads (3 contracts per expiry with overlapping moderate Floor/Ceiling ranges)
  • 7 two-hour expiry Bull Spreads (each consisting of 3 overlapping narrow Floor/Ceiling range contracts)

Bull Spreads expire at various times throughout the trading day, with the latest expiry time being the end of the trading day for the specified market. The Floor/Ceiling ranges will be set according to market conditions at the time the contracts are listed. Please note: Only daily expiry Bull Spreads are available for Japan 225 and Korea 200 markets.

For more information on how to trade Bull Spread contracts, please see the Bull Spreads section. For specific details on the Bull Spread contracts available on stock indices, please click the Contract Specs tab on this page.


* Dow Jones, DJIA, and The Dow are registered marks of the Dow Jones & Company, Inc. Standard & Poor's, S&P, and S&P 500 are registered marks of the McGraw-Hill Companies, Inc. NASDAQ and NASDAQ-100 are registered marks of the Nasdaq Stock Market, Inc. DAX is a registered mark of Deutsche Börse AG. KOSPI is a registered mark of the Korea Exchange. CME is a registered mark of the Chicago Mercantile Exchange Inc. CBOT is a registered mark of the Board of Trade of the City of Chicago, Inc. LIFFE is a registered mark of LIFFE Administration and Management. EUREX is a registered mark of Deutsche Börse AG. Nikkei is a registered mark of Nikkei, Inc. Nadex is not affiliated with these organizations and neither they nor their affiliates sponsor or endorse Nadex or its products in any way.

FTSE®® and FTSE® 100® are trademarks of the London Stock Exchange plc (LSE) and the Financial Times Limited (FT) and is used by FTSE® International Limited (FTSE®) under license. The prices relating to any index are not in any way sponsored, endorsed or promoted by FTSE®, LSE or FT and neither FTSE® nor LSE nor FT makes any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of such prices and/or the figure at which any index stands at any particular time on any particular day or otherwise. Neither FTSE® nor LSE nor FT shall be liable (whether in negligence or otherwise) to any person for any error in any index and neither FTSE® nor LSE nor FT shall be under any obligation to advise any person of any error therein. The FTSE® Future Binary Option and Bull Spread Contracts are not sponsored, endorsed, sold or promoted by FTSE®, LSE or FT. FTSE®, LSE and FT do not accept any liability in connection with the trading of these products.

Russell 2000® is a registered mark of Frank Russell Company. ICE Futures® and ICE Data® are registered marks of IntercontinentalExchange, Inc. All rights in the Futures Trading Data of ICE Futures and its affiliate ICE Data LLP vest in IntercontinentalExchange, Inc. Nadex Contracts are not sponsored, endorsed, sold or promoted by Frank Russell Company or IntercontinentalExchange, Inc.

SGX is a registered service mark of the Singapore Exchange Limited (SGX). All rights in the Trademarks and Futures Trading Data of SGX vest in SGX. The Japan 225 Contracts (the "Licensed Products") are not sponsored, endorsed, sold or promoted by SGX. SGX makes no representation or warranty, express or implied to the investors in the Licensed Products or any member of the public in any manner whatsoever regarding the advisability of investing in any financial product generally or in particularly the Licensed Products. The relationship of SGX towards Nadex is in respect of licensing the use of the SGX Futures Trading Data. SGX has no obligation to take the needs of the investors of the Licensed Products into consideration in determining, composing or calculating the SGX Trading Data. SGX is neither responsible for nor has participated in the structure of the Licensed Products. SGX has no obligation or liability in connection with the administration, marketing or trading of the Licensed Products. You are strongly advised to independently verify the accuracy, timeliness and reliability of the Licensed Products and to consult with your investment advisor before investing.

Stock Index Futures: Contract Specs

Please ensure you understand how our products work before entering into any transaction.

The following details are common to both Bull Spread contracts and Binary Options. Click here to view the futures symbol rollover schedule for all products.

  • All times are given in ET
  • Trading Hours are subject to holidays

Binary Options

Binary Options are listed as follows. For all Binary Options, the Tick Size is 1 and the Tick Value is $1. The Minimum Increment is 0.25. The position limit for all Binary Options on stock indices is 2500 contracts.*

Market and Duration Expiration Strike Width No. Contracts Trading Hours
Wall Street 30
Intraday** Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 40 3 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
US 500
Intraday** Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 4.0 3 For 2hrs preceding Expiration
Daily Mon-Fri, 4:15pm 3.0 21 Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm
Weekly Fri, 4:15pm 12.0 13 Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4:15pm
US Tech 100
Intraday** Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 10 3 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
US SmallCap 2000
Intraday** Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 2.0 3 For 2hrs preceding Expiration
Daily Mon-Fri, 4:15pm 2.0 21 Mon, 3am-4:15pm; Mon-Fri, 8pm-4:15pm
Weekly Fri, 4:15pm 6.0 13 Mon, 3am-5pm; Mon-Thu, 8pm-5pm; Thu-Fri, 8pm-4:15pm
FTSE® 100
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 30 3 For 2hrs preceding Expiration
Daily Mon-Fri, 4pm 20 21 Mon, 3am-4pm; Mon-Fri, 6pm-4pm
Weekly Fri, 4pm 50 13 Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4pm
Germany 30
Intraday Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm 40 3 For 2hrs preceding Expiration
Daily Mon-Fri, 4pm 20 21 Mon, 3am-4pm; Mon-Fri, 6pm-4pm
Weekly Fri, 4pm 50 13 Mon, 3am-5pm; Mon-Thu, 6pm-5pm; Thu-Fri, 6pm-4pm
Japan 225
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
Korea 200
Daily Mon-Fri, 2:05am 0.50 15 Sun-Fri, 8pm-2:05am
Weekly Fri, 2:05am 1.50 13 Sun-Fri, 8pm-2:05am

Bull Spreads

Bull Spread contracts are listed according to the following table. The Tick Value for all Bull Spread contracts is $1. The minimum increment on each contract is equivalent to the Tick Size for that particular market. Click here to view position limits for Bull Spreads on stock indices.*

Market and Duration Expiration Range No. Contracts Trading Hours Tick Size
Wall Street 30
2-hour Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 100 3 For 2hrs preceding Expiration 1
8.25-hour Mon-Fri, 4:15pm 300 3 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
US 500
2-hour Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 10.0 3 For 2hrs preceding Expiration 0.1
8.25-hour Mon-Fri, 4:15pm 30.0 3 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
US Tech 100
2-hour Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 30 3 For 2hrs preceding Expiration 1
8.25-hour Mon-Fri, 4:15pm 80 3 Mon-Fri, 8am-4:15pm 1
Daily Mon-Fri, 4:15pm 100 3 Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm 1
Daily Mon-Fri, 4:15pm 200 1 Mon, 3am-4:15pm; Mon-Fri, 6pm-4:15pm 1
US SmallCap 2000
2-hour Mon-Fri: 10am, 11am, 12pm, 1pm, 2pm, 3pm, 4pm 7.0 3 For 2hrs preceding Expiration 0.1
8.25-hour Mon-Fri, 4:15pm 20.0 3 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 50.0 1 Mon, 3am-4:15pm; Mon-Fri, 8pm-4:15pm 0.1
FTSE® 100
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, 3am-4pm; Mon-Fri, 6pm-4pm 1
Daily Mon-Fri, 4pm 400 1 Mon, 3am-4pm; Mon-Fri, 6pm-4pm 1
Germany 30
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, 3am-4pm; Mon-Fri, 6pm-4pm 1
Daily Mon-Fri, 4pm 400 1 Mon, 3am-4pm; Mon-Fri, 6pm-4pm 1
Japan 225
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
Korea 200
Daily Mon-Fri, 2:05am 5.00 3 Sun-Fri, 8pm-2:05am 0.01
Daily Mon-Fri, 2:05am 10.00 1 Sun-Fri, 8pm-2:05am 0.01

* The position limit defines the maximum aggregate position that any individual can hold or control in any particular class of contract (for more information, please refer to Rule 5.20 and the specific product rules in the Nadex Rules).

** 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. Please note this is a PDF file.

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© 2009-2014 Nadex, Inc | Binary Trading

Nadex is subject to U.S. regulatory oversight by the CFTC.

The maximum risk for any trade is fixed and required in advance so you cannot be called upon for further funds. But please remember these are volatile instruments and there is a high risk of losing your initial investment on each individual transaction.