An electrical connector for a circuit card assembly includes a receptacle housing and a mating housing movable relative to the receptacle housing in a connector mating direction. The electrical connector includes contact modules each having a leadframe having signal contacts with a mating conductor, a mounting conductor and a flexible conductor between the mating conductor and the mounting conductor. Each contact module includes an inner dielectric body and an outer dielectric body separate and discrete from the inner dielectric body. The flexible conductors extend between the inner and outer dielectric bodies to allow relative movement of the inner dielectric body in the connector mating direction relative to the outer dielectric body.