Limit

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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 ?
It agrees that a list of the events, which obtain copyright protection, is illustrative and not limitative.
La reconnaissance du concept d'illiceite merite une attention particuliere, car il permet d'assortir a la generalite postulee une liste minimale non limitative de droits ou d'interets proteges (a).
A limitative condition is the athlete's moving on a horizontal track which will decrease the number of system's freedom degrees.
The fact that it is difficult to include a limitative list of all possible substances per category on the Prohibited List.
Le principe de protection des minorites, expose en detail par la Cour supreme dans le Renvoi relatif a la secession du Quebec (127), constitue selon toute vraisemblance << une expression que la Cour supreme n'a pas voulue limitative et qui, compte tenu de l'histoire, inclut visiblement les peuples autochtones >> (128).
The construction of limitative hydraulic resistances from thermoplastic and thermoconductible tubs is simple, robust, a lightweight and low cost, with large perpective using in fire installations.
49) In addition, the detention can only be based on one of the limitative grounds referred to in Article 5.
La loi limitative claire ne necessite pas une interpretation quant a l'intention du legislateur au sujet de la limitation des droits de negociation collective ou de greve.
Par sa facture limitative, cet article prohibe clairement toute mention de l'usage therapeutique ou de la maladie.
Voir Madeleine Cantin Cumyn, <<De l'existence et du regime juridique des droits reels de jouissance innommes : essai sur l'enumeration limitative des droits reels>> (1986) 46 R.