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Nadex Schedule for the Leap Second Event and 2015 Independence Day Holiday

Notice Type: Exchange
Notice ID: 651.052115
2015

On June 30, 2015 (trade date July 1, 2015), a ‘leap second’ will be added to the Coordinated Universal Time in order to realign atomic clocks with the Earth’s rotation. The extra second will be added on June 30, 2015 as 07:59:60 pm ET. In order to accommodate this event, Nadex will delay the opening of the Exchange on trade date July 1, 2015 until 9:00pm ET (after the leap second has been added).

Accordingly, Nadex will observe the following product specific trading hours for the week of June 29, 2015:

Monday, June 29, 2015: The Exchange will open and close at its regular times on this trade date. All Weekly contracts listed on this date will have a settlement date of Thursday, July 2, 2015.

Tuesday, June 30, 2015: The Exchange will open at its regular time on this trade date.

  • Daily Currency Binary contracts listed at 8:00pm ET on trade date June 30 that would normally expire at 7:00pm ET on trade date July 1, 2015, will have an early expiration at 5:00pm ET on trade date June 30, 2015.

Wednesday, July 1, 2015: The Exchange will have a modified schedule as follows –

  • The Exchange will be closed from 6:00pm ET until 9:00pm ET.

  • No Japan 225 or China 50 contracts will be available for trading on this date.

  • Intraday Currency Binary and Variable Payout contracts which would normally be listed at 8:00pm ET and expire at 10:00pm ET will open at 9:00pm ET when the Exchange re-opens, and will settle at their regular 10:00pm time.

  • All other contracts will open when the Exchange re-opens at 9:00pm ET, or at their regular listing times, and close at their regular times.

Thursday, July 2, 2015: Nadex will observe the following modified schedule:

  • All Corn and Soybean contracts will open at their regular times and close at 1:00pm ET.

  • All Wall Street 30, US Tech 100, US 500, and US SmallCap 2000 contracts which would close at 4:15pm ET will open at their regular times and close at 1:15pm ET. Intraday 2-Hour contracts with a close time of 2:00pm ET, 3:00pm ET, and 4:00pm ET will not be listed. Intraday 20-Minute contracts with a close time of 1:20pm, 1:40pm, 2:00pm, 2:20pm, 2:40pm, 3:00pm, 3:20pm, 3:40pm, 4:00pm ET will not be listed.

  • All Daily and 8-hour FTSE 100 and Germany 30 contracts will open at their regular times and close at 1:00pm ET. Intraday FTSE 100 contracts with a close time of 4:00pm ET will not be listed. Intraday Germany 30 contracts with a close time of 2:00pm, 3:00pm, and 4:00pm ET will not be listed.

  • No Currency contracts with an expiration date of July 3 will be listed. Intraday 2-Hour Currency contracts with a close time of 4:00pm ET and 5:00pm ET will not be listed. Intraday 5-Minute Currency contracts with a close time between 3:05pm – 4:55pm ET will not be listed.

  • All Japan 225 and China 50 contracts will open and close at their regular times.

  • All Gold, Silver, Copper, Crude, and Natural Gas contracts will open and close at their regular times.

  • Jobless Claims and Nonfarm Payrolls contracts will have a settlement date of July 2, 2015.

  • The Exchange will close for trading at 3:00pm ET.

Friday, July 3, 2015: Nadex will be closed on Friday, July 3, 2015.

Click the following links to view the Holiday Product Schedule Guidelines.

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