Limit

(redirected from LOS)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Limit

Limit

1. The maximum amount of price change a futures contract is allowed to undergo on a given trading day. Limits are mandated by the exchanges on which futures contracts trade, and exist in order to reduce volatility in the market. It is also called a trading limit.

2. The maximum number of transactions in commodities that an individual may make on an exchange on a given trading day. Limits are mandated either by the Commodity Futures Trading Commission or by the exchanges on which commodity contracts trade. It is also called a trading limit.

3. See: Limit order.
References in periodicals archive ?
LOS ANGELES -- Southern California's Original Bagel Company Rolls Out Specialized Products to Bring Awareness and Assist in Granting an Unprecedented Number of Wishes for Children in Los Angeles
LOS ANGELES -- African American Civil Rights leaders including South Los Angeles clergy and community leaders demonstrated early this morning against what they believe to be the discriminatory policies of the Building Owners and Managers Association of Greater Los Angeles (BOMA-GLA) that keep predominately African American private security officers in poverty.
LOS ANGELES -- As an unprecedented heat wave continues across the Southland, Los Angeles Department of Water and Power (LADWP) officials today urged customers to practice wise energy use to reduce pressure on the system.