Limit

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Related to Limit of Quantitation: sensitivity

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 ?
Surf water samples from the non-exposed May 2002 period contained low concentrations of brevetoxins, ranging from below the limit of quantitation (0.
5 log10 reduction in HCV RNA was observed in patients receiving VX-950 and peg-IFN; 6 of 8 patients had viral levels below the limit of quantitation (30 IU/mL) at 14 days, and 4 of 8 also achieved viral levels below the limit of detection (10 IU/mL).
Assay performance characteristics for GC-MS confirmation included a limit of detection of 50 [micro]g/L, a limit of quantitation of 75 [micro]g/L, and an upper limit of linearity of 1500 [micro]g/L.
The study documents 50 fold improvement in limit of quantitation and 10 fold reduction in data variance starting from the already highly sensitive SensiChip(TM) system.