limit move

limit move
The increase or decrease of a price by the maximum amount allowed for any one trading session. Price limits are established by the exchanges, and approved by the CFTC. They vary from contract to contract. The CENTER ONLINE Futures Glossary
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A price that has advanced or declined the limit permitted during one trading session for a contract, as fixed by the rules of the Exchange. See also PRICE LIMIT. Chicago Mercantile Exchange Glossary
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A price that has advanced or declined the limit permitted during one trading session. Exchange Handbook Glossary

Financial and business terms. 2012.

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