Limit Down

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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 ?
Moreover, Zahra said that the LF favors fraternal relations with Arab countries but criticized Aoun's way of limiting down said relations to a single relation with Syria, "despite the existence of standing and unresolved issues between both countries," Zahra concluded.
In markets where limiting down time is critical on all systems, such as the telecommunications and financial industries, NCi allows applications to be updated without being taken off- line.