Nadex Product Schedule for the 2024 US Fourth of July Holiday

2024

Nadex will observe the following modified holiday schedule for the 2024 Independence Day Holiday

Monday, July 1, 2024: The Exchange will observe normal business hours.

Tuesday, July 2, 2024: The Exchange will observe normal business hours.

Wednesday, July 3, 2024: The Exchange will observe normal business hours, unless otherwise specified below:

  • For the U.S Equity, the following contracts will be listed:

    • Daily and Weekly U.S Equity Binary and Call Spread contracts will be listed from 6:00pm ET on July 2, 2024, through 1:15pm ET on July 3, 2024;

    • Trading in US 500, US Tech 100, US SmallCap 2000, and Wall St 30 contracts will open at their normal time and close at 1:15pm ET; Intraday 2-hour contracts which normally expire at 2pm, 3pm, and 4pm ET will not be offered on this day; Intraday 20-minute binary contracts which normally expire at 1:20, 1:40, 2:00, 2:20, 2:40, 3:00, 3:20, 3:40, and 4:00 will not be offered on this day;

  • No USD/CAD, USD/CHF, EUR/GBP, GBP/JPY, AUD/JPY, or USD/MXN currency pairs which would have an expiration trade date of July 4, 2024, will be listed on this date.

  • All Cryptocurrency Binary and Knock-out Touch Brackets contracts will be available at their regular times.

Thursday, July 4, 2024: The Exchange will open at its regular time at 6:00pm ET on Wednesday evening for trade date Thursday, July 4, 2024. The Exchange will list a limited offering of contracts. Contracts will be listed as follows:

  • No indices, commodities, or Foreign Currency Knock-out Touch Bracket contracts will be listed on this day;

  • No Binary or Call Spread contracts will be listed for the USD/CAD, USD/CHF, EUR/GBP, GBP/JPY, AUD/JPY, or USD/MXN currency pairs;

  • For the AUD/USD, EUR/USD, EUR/JPY, GBP/USD, and USD/JPY currency pairs, the following contracts will be listed:

    • Weekly Currency Binary and Call Spread contracts will be listed from 6:00pm ET through 11:00am ET;

    • Daily Currency Binary contracts with expirations at 11:00pm, 3:00am, 7:00am and 11:00am ET will be listed and expire at their normal times;

    • 8-Hour Intraday Currency Call Spread contracts expiring at 7:00am ET will be listed and expire at their normal times;

    • 5-Hour Intraday Currency Call Spread contracts expiring at 11:00pm ET will be listed and expire at their normal times;

    • 2-Hour Intraday Currency Binary and Call Spread contracts will be listed and expire at their normal times until 11:00am ET; no 2-Hour Intraday Currency Binary and Call Spread contracts which would normally expire after 11:00am ET will be listed;

    • 5-Minute Intraday Currency Binary contracts will be listed and expire at their normal times until 11:00am ET; no 5-Minute Intraday Currency Binary contracts which would normally expire after 11:00am ET will be listed.

  • All Cryptocurrency Binary and Knock-out Touch Brackets contracts will be available at their regular times.

Friday, July 5, 2024: The Exchange will observe normal business hours. Unless otherwise specified below, all contracts listed on this date will open and close at their regular times and weekly contracts listed on this date will have a settlement date of Friday, July 5, 2024, or their regular times. Exceptions are as follows:

  • All Daily Nymex/Comex based Commodity and U.S. Equity Index contracts will open at 6pm ET and close at their regular times.

  • All Daily Weekly Currency contracts will open at 6pm ET and close at their regular times. The Daily Currency 7:00pm ET close time Binary contract which would normally expire at 7:00pm ET on Friday’s trade date (Thursday evening) will not be listed.

  • All indices, commodities, or Foreign Currency Knock-out Touch Bracket contracts will be created at 6pm ET and close at their regular times.

Please note, Nadex’s Market Maker Agreement previously identified the following products and time periods as Illiquid Markets: All Intraday 5-Minute, Intraday 2-Hour, Daily, and Weekly, Foreign Currency Binary contracts available for trading, at times the Exchange is open, between the hours of 2:00pm ET and 3:00am ET. Additionally, in regard to the Foreign Currency Binary contracts, Nadex authorized Market Makers operating pursuant to a Market Maker Agreement will be relieved of their quoting obligations relating to size on trade dates Wednesday, July 3, 2024, and Thursday, July 4, 2024, from 3:00am to 2:00pm ET. A Market Maker(s) that elects to quote in any Intraday 5-Minute, 2-Hour, Daily, and Weekly Currency Binary markets during this period will be required to comply with the spread obligations set forth in its Market Maker Agreement.

Lastly, Nadex is extending the Illiquid Markets coverage to Cryptocurrency products for trade dates Wednesday, July 3, 2024, and Thursday, July 4, 2024. As such, Nadex authorized Market Makers operating pursuant to a Market Maker Agreement will be relieved of their quoting obligations relating to size on trade dates Wednesday, July 3, 2024 and Thursday, July 4, 2024, from 6:00pm on calendar date July 2, 2024, to 5:00pm ET on calendar date July 4, 2024. A Market Maker(s) that elects to quote in any Cryptocurrency markets during this period will be required to comply with the spread obligations set forth in its Market Maker Agreement.

Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.

Should you have any questions or require further information, please contact the Compliance Department.