a move in the price of a commodity to the amount allowed by the Exchange on which it trades
A price that has advanced or declined the permissible limit permitted during one trading session.
The increase or decrease of a price by the maximum amount allowed for any one trading session. Price limits are established by the exchanges, and approved by the CFTC. They vary from contract to contract.
The maximum daily price limit for an exchange traded contract.
A change in price that exceeds the limits set by the exchange on which the contract is traded.
A price that has advanced or declined the permissible amount during one trading session, as fixed by the rules of an exchange.
