The maximum advance or decline–from the previous day's settlement–permitted for a contract in one trading session by the rules of the exchange. See also Variable Limit.
The maximum fluctuation in price of a futures contract permitted during one trading session, as fixed by the rules of a contract market.
The maximum advance or decline from the previous dayâ€(tm)s settlement price permitted for a futures contract in one trading session.
The maximum price rise or decline permitted by an exchange in its commodities.
The maximum advance or decline from the previous day's settlement permitted for a contract in one trading session by the rules of the exchange. According to the Chicago Board of Trade rules, an expanded allowable price range set during volatile markets.
The maximum advance or decline–from the previous day's settlement–permitted for a contract in one trading session by the rules of the exchange. Put Options: Provides owners the right, but not the obligation to sell futures contracts at predetermined price. For Example, a November $12.75 BFP PUT option gives you, the buyer, the right to sell (be short) a November BFP futures contract at $12.75/cwt even if the November BFP futures are trading at $12.00/cwt. Used to protect against falling prices
limit set by an exchange which restricts the amount by which a product’s price may vary in a trading day, in order to prevent prices moving too far or too fast within a trading session. If the limit is breached during the session, trading is suspended for a set period of time, the theory being that this reduces any panic amongst traders and calms the market. At the end of the period, trading resumes. Few UK exchanges impose price limits, as they prevent investors from trading when they wish, and can therefore have potentially serious consequences.
The maximum daily price fluctuations on a futures contract during any one session, as determined by the Exchange. (Also known as limit).