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 ?
The Food and Nutrition Board of the National Academy of Sciences also has studied the tolerable upper limits of daily KI.
The Food and Nutrition Board, a component of the National Academy of Sciences, also has studied the tolerable upper limits of daily KI.
The panel determined that as much as 1,100 [micro]g/day may be safe for most adults, while 300 [micro] is a tolerable upper limit for children from birth to 8 years, and 600 [micro] is a tolerable upper limit for children from 9 to 13 years.