Limit Down

Limit Down

On a futures exchange, the maximum amount by which a futures contract may decline in price on a trading day. This may be a dollar amount or some percentage of its opening price. Exchanges set limits down in order to reduce volatility in the market and to reduce pressure for panic selling.
References in periodicals archive ?
Emaar Properties, which led the decline on the Dubai index, ended limit down of 10 per cent at Dh6.
However, with Arabtec's shares limit down again on Tuesday, the limited information actually conveyed may not be enough to halt the slide in the construction group's share values.
With the fuel limit down from 150kg (around 140-150 litres) to 100kg from this season, managing that particular element will be crucial.
That may be a lot bigger than their eventual goal of 2, but by the end of July mathematicians had already whittled that limit down to 5,414.
Clr BurKe added: "Bringing the speed limit down to 20mph outside schools is the right thing to do and I would LIKE to see it happen elsewhere as well.
Much of the credit for that reduction is given to the campaign by MADD and others to bring the blood-alcohol limit down to 0.
Yesterday CBR cut the limit down to 100 bn RUR (30 bn RUR less than Monday limit), and the demand of banks exceeded 140 bn RUR.
The MP said: "There is clearly a very strong case to reduce the speed limit down to 20mph on this stretch of road through the village.
Why should there be a hold-up in bringing the limit down to 50 mph?
With like-kind replacement, a module can be exchanged with an analogous unit to limit down time.
But everyone is getting battered - because they want to bring the speed limit down to 20mph in urban areas, which will cause more havoc on the roads.
There is everything to be said for keeping its limit down to 70, especially as for much of its length its two-lane profile mitigates travelling at even that speed.