Lock Limit

Lock Limit

A price that a futures contract may not exceed or drop below on a given trading day. For example, if the lock limit is $25 for a given contract and it had previously been trading at $22, the exchange will not allow the contract to trade above $25. Likewise, if it were previously trading at $28, it would not be permitted to trade below $25. Futures exchanges set lock limits in order to protect investors from the excessive volatility often involved in futures trading.
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Tenders are invited for Supply Of Boom Lock Limit Switch Model No.
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Throughout the weekend, Beezid will be featuring special locks, ensuring that all who participate will be able to enjoy the event, despite their previous lock limits.
As the lock limits the use of handsets to the carrier's own network, the communications ministry released a guideline last year calling on cellphone operators to voluntarily unlock their handsets to give more freedom of choice to customers.
A new anti-tamper lock limits the operation of valves and actuators to authorized individuals, thus reducing the risk of human error or deliberate tampering.