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 ?
Courts do not always limit the scope of insurance available to the landlord to those scenarios where the landlord is being held vicariously liable for the conduct of the tenant.
This is essentially the same result that occurs, for example, if either shareholder faces a loss limit due to insufficient basis or the PAL rules in S status; unused S losses or excess PALs also carry forward for use against future income.
The annual Limit for defined benefits is $175,000 for retirement ages 62-65.
There is no need to throw out the good congressmen with the bad via term limits - and thus limit the franchise of the voters.
For the first time they set a limit for cyanide (1.
The overall policy-disaster limit also needs to be established by using the maximum probable loss at any one time, involving all jobs under way.
You might, for example, set target prices for some or all of the stocks you own and place limit orders at those levels.
Thirty-nine members of the Ohio House--Davidson included--will be forced out this year, when the eight-year term limits that voters imposed on members of the state House and Senate in 1992 finally ripen.
Up against his Senate term limit next year (his slogan for his last election campaign was "Too Old to Retire"), he is planning to run for the state Assembly, where he still has six full years of eligibility, even though he had to be rolled onto the Senate floor in a wheelchair for some key votes this year.
In New York and Minnesota, the partners also can limit their personal liability for the partnership's commercial liabilities, such as leases, accounts payable and payroll taxes, but they're generally not liable for each other's professional errors and omissions or those of most employees.
Last week, an appeals court struck down a 1989 federal air-pollution standard that set new or lower workplace-exposure limits on 428 toxic chemicals.
The difference between your engineering specification limits and the statistical control limit tells you how good your process capability is.