Limit Down

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 ?
The defendant continued to drive over the speed limit down various residential roads, reaching 65mph, forcing his way past other vehicles.
Oil and Gas Development Company (-5%) and Pakistan Petroleum (-5%) closed limit down whereas Pakistan Oilfields (-3.5%) also received a hammering in the exploration and production sector.
Among banks, National Bank closed limit down, while Habib Bank fell 3.1pc and MCB shed 2.4pc.
From autos, PSMC (-5.0 percent) closed limit down as the company announced its 9M2018 EPS of Rs16.92 with no cash payout.
"I would like there to be a 30mph speed limit down the lane as it's not made for those speeds andthe nature of the trafficis changing with the times."
Its links to the defeated Barisan Nasional caused investors to dispose of its shares shortly after May 9, forcing trade to be suspended repeatedly after MyEG shares kept hitting limit down.
"I ask that we trial a reduction of that speed limit from the national speed limit down to 30mph and remove the overtaking lane, leaving only two lanes.
Changes to the market price volatility mechanism such that daily Limit up Limit down (LULD) price band is now based on a single reference price (that is, the previous day's close) to allow for a symmetric up and down limit of 10 per cent throughout the trading day.
And during the day, speeds will be reduced from the usual 50mph limit down to 40mph.
Traffic flow on the smart motorway is controlled by overhead gantries which change speed from the national limit down to 30mph if there's traffic ahead.
Containment technologies span Occupational Exposure Band (OEB) 1-5 (Occupational Exposure Limit down to 0.01 [micro]g/ m3).
The City uses the monitoring devices to control plant processes and for regulatory compliance, therefore, it is critical to maintain service to the monitoring devices at all times and limit down times.