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 ?
Long Term Stability: The difference between initial concentration and after 7, 14 and 21 days did not show any significant difference while slight difference in concentration after 28th day was observed which is within the acceptance limit ([greater than or equal to] 15%) of accuracy and precision (Table-8).
Although PT programs may use either of the two approaches mentioned above to set the target value for quantitative analytes, they most frequently peer group results based upon their use of a common method platform and/or reagents to establish target values and determine whether each peer group can be graded based on the requirement for 80% of results to fall within the acceptance limits.
A hierarchy of limits can be used where the normal range is set at the process control limit with the acceptance limit set at the ADE/PDE derived value.
12] used ratio plots in their validation protocol of analytical hemostasis systems, where they used a preset, but arbitrarily chosen, acceptance limit of inaccuracy of 15%.

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