limit (up or down)

Definition of "limit (up or down)"
  1. The maximum increase or decrease in price allowed in a trading session from the previous day's closing price, as determined by exchange rules. In some futures contracts, this limit can be adjusted or eliminated during a trading session after a certain time if the contract is at its limit
How to use "limit (up or down)" in a sentence
  1. When investing, one must consider the limit (up or down) which could affect potential earnings.
  2. Due to the market's volatility, the limit (up or down) on this stock was reached quickly today.
  3. During a tumultuous trading session, we nearly hit the limit (up or down) for our futures contract.

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