The maximum number of futures contracts a trader can hold, as determined by the exchange where the contract is traded.
The limitations placed on the movement of price of a contract. There is a pre-set price range within which all contracts must trade.
Can also mean the largest quantity of a futures/options, which may be bought or sold by one person during one trading day and/or the largest futures/options position any individual is allowed to hold at any time under CFTC regulations. See also "Limit Move."
The maximum number of speculative futures contracts one can hold as determined by the Commodity Futures Trading Commission and/or the exchange upon which the contract is traded.Also referred to as position limit.
The exchange imposed maximum daily price change that a futures contract or futures option contract can undergo.
(1) The maximum quantity of a commodity future which may be purchased or sold by one person during one trading day; (2) The maximum futures position any individual is allowed to hold at any time under CFTC regulation; (3) The price above or below which trading is not allowed during any one day.
The maximum price change permitted in a trading session.