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 ?
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.
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.
Adrian Moyse reached his limit on the top pond and then fished later in the week for four fish; Roger Martin added three top pond rainbows to an earlier limit down below; Chris Taylor netted three; a brace went to Ivor Thomas, Bernard Stephens and Adrian Connor and an evening session by Cardiff's JeffWilson saw two rainbows to 2.
Under the plan, he explained, "a limit up and limit down mechanism prevents trades in [National Market System] stocks from occurring at prices outside of certain ranges.
Emaar Properties, which led the decline on the Dubai index, ended limit down of 10 per cent at Dh6.
1% maximum sulfur limit down from the current 1% sulfur cap within the ECAs under new International Maritime Organization regulations.
However, with Arabtec's shares limit down again on Tuesday, the limited information actually conveyed may not be enough to halt the slide in the construction group's share values.
With the fuel limit down from 150kg (around 140-150 litres) to 100kg from this season, managing that particular element will be crucial.
That may be a lot bigger than their eventual goal of 2, but by the end of July mathematicians had already whittled that limit down to 5,414.
Much of the credit for that reduction is given to the campaign by MADD and others to bring the blood-alcohol limit down to 0.
Yesterday CBR cut the limit down to 100 bn RUR (30 bn RUR less than Monday limit), and the demand of banks exceeded 140 bn RUR.