Limit Up or Down
Definition
The maximum price advance or decline from the previous day's settlement price permitted during one trading session, as fixed by the rules of an exchange. In some futures contracts, the limit may be expanded or removed during a trading session a specified period of time after the contract is locked limit. See Daily Price Limit.
Related Terms Other terms related to 'Limit Up or Down' starting with the letter 'L' Limit Move, Locked In, Limit Order, Licensed Warehouse, Life of Contract Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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