locked limit

Definition of "locked limit"
  1. The maximum permissible change in price in one trading session as determined by the rules of a trading exchange
How to use "locked limit" in a sentence
  1. The stock market panic caused several stocks to hit a locked limit.
  2. The commodities futures prices reached their locked limit during an intense trading session.
  3. The exchange announced that the locked limit of several securities had been reached.

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