Product Schedule Guidelines for Holidays
Below are the rules outlining the changes to product listing and/or settlement schedules for
Nadex products due to US and foreign public and exchange holidays. In instances where theunderlying market upon which the Nadex contracts are based (including the underlying of aderivative) is unavailable, the Exchange will adjust the listing hours of its contracts accordingly.
In any week for which there are three or more holidays in the same underlying market resulting
in the closure of that market and/or a holiday observed by Nadex, whether consecutive or not,no weekly contracts for products based on that underlying market will be listed for that week. If
there are any product specific exceptions for a certain holiday not outlined below, Nadex willsubmit those exceptions to the CFTC separately as needed.
1. For US holidays that fall on a Monday, Nadex will observe the following business hours:• Monday trade date (holiday): The Exchange will be closed for Monday’s tradedate (AUD/USD, EUR/JPY, GBP/USD, EUR/USD and USD/JPY ONLY) from 6pm
Sunday to 5pm ET Monday), except for a limited listing of Currency contracts(which will be listed as follows:• Weekly Currency Binary and Call Spread contracts will open on Sunday
evening at 6:00pm ET and will close on Monday morning at 11:00am ET;• Daily Binary Currency contracts will be listed on Sunday evening at 6:00pm
ET with the first expiration occurring at 11:00pm ET and the last expiration
occurring at 11:00am ET on Monday morning;• Intraday 5-Hour Currency contracts will open at 6:00pm ET on Sunday
evening and expire at 11:00pm ET on Sunday evening; Intraday 8-HourCurrency contracts will open at 11:00pm ET on Sunday evening and expire
at 7:00am ET on Monday morning;• Intraday 2-Hour Binary and Call Spread contracts will be listed at 6:00pm
ET on Sunday evening with the first expiration occurring at 8:00pm ET, andevery hour thereafter until 11:00am ET on Monday morning;• Intraday 5-Minute Binary contracts will be listed at 6:00pm ET on Sundayevening with the first expiration occurring at 6:05pm ET, and every 5
minutes thereafter until 11:00am ET on Monday morning.
• Tuesday trade date: The Exchange will observe regular business hours. Unlessotherwise specified below, all contracts listed on this date will open and close attheir regular times and weekly contracts listed on this date will have a settlement
date of Friday of the current week. Exceptions are as follows:• All Daily and Weekly Nymex/Comex based Commodity and U.S. Equity
Index contracts will open at 6pm ET and close at their regular times.
• All Daily and Weekly Currency contracts will open at 6pm ET and close attheir regular times. The Daily Currency 7:00pm ET close time Binary

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External Communication - Disclose with carecontract which would normally expire at 7:00pm ET on Tuesday’s tradedate (Monday evening) will not be listed.
2. For US holidays that fall on a Friday, Nadex will observe the following business hours:• Monday trade date (preceding the holiday): The Exchange will observe regularbusiness hours. All other Weekly contracts listed on this date will have asettlement date of Thursday of the current week, or the last available trade day if
Thursday is also a holiday for which the Exchange is closed, and will expire at theirregular expiration times.
• Thursday trade date: The Exchange will close at 4:15pm ET on Thursday’s tradedate. All contracts will expire pursuant to their regular Friday hours.
• Friday trade date: The Exchange will be closed.
3. For US Thanksgiving holiday on Thursday, Nadex will observe the following businesshours:• Monday trade date (preceding the holiday): The Exchange will observe regularbusiness hours. All Weekly contracts listed on this date will have a settlement
date of Friday of the current week, with the exception of any contracts notavailable for trading on Friday, which will have a settlement date of Wednesdayof the current week.
• Wednesday trade date (preceding the holiday): The Exchange will observe regularbusiness hours. No Daily Currency Binary contracts which would expire on
Thursday’s trade date will be listed on Wednesday.
• Thursday trade date (holiday): The Exchange will be closed for Thursday’s tradedate.
• Friday trade date: The Exchange will open at 8am ET. Unless otherwise specified
below, all contracts listed on this date will open and close at their regular times.
Exceptions are as follows:• No Japan 225 or China 50 contracts will be offered on this trade date.
• All Nymex/Comex-based Commodity and U.S. Equity Index contracts will
open at 8am ET or their regular open times, and will close according to theclose time of the corresponding underlying market.
• All Currency contracts listed on this day will open at 8am ET or their regular
open times. No Currency contracts which would expire after 3pm ET will
be listed on this day. No Daily Currency Binary contracts will be availablefor trading on Friday, with the exception of the 3pm ET close time contract
which will open at 8am ET and close at 3pm ET.
4. For foreign public and exchange holidays that result in closure of the underlying market
on which our products are based, Nadex will observe the following business hours:• Monday holiday:

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External Communication - Disclose with care•••Monday trade date (holiday): The Exchange will observe regular businesshours. No contracts will be offered for Monday’s trade date for products
based on the underlying market that is closed due to the foreign holiday.
• Tuesday trade date: The Exchange will observe regular 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 of the current week.
Friday holiday:• Monday trade date (preceding the holiday): The Exchange will observe
regular business hours. All Weekly contracts listed on this date forproducts based on the underlying market that is closed due to the foreign
holiday will have a settlement date of Thursday of the current week, or thelast available trade day if Thursday is also a holiday for which theunderlying market is closed.
• Friday trade date (holiday): The Exchange will observe regular businesshours. No contracts will be offered for Friday’s trade date for products
based on the underlying market that is closed due to the foreign holiday.
Tuesday, Wednesday, or Thursday holiday:• Monday trade date (preceding the holiday): The Exchange will observe
regular business hours. All contracts listed on this date will open and closeat their regular times and weekly contracts listed on this date will have asettlement date of Friday of the current week.
• Tuesday, Wednesday, or Thursday trade date (holiday): The Exchange willobserve regular business hours. No contracts will be offered on this tradedate for products based on the underlying market that is closed due to theforeign holiday. Weekly contracts listed for this week will be closed on thistrade date.

November 7, 2022

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