speculative position limit

Definition of "speculative position limit"
  1. The maximal allowed net long or net short position in one or all futures or options of one commodity that a person without a hedge exemption can hold or control, as defined by an exchange and/or the CFTC
How to use "speculative position limit" in a sentence
  1. The trader was wary of crossing the speculative position limit and facing penalties.
  2. The exchange warned its members of the strict monitoring of the speculative position limit.
  3. His speculative position limit on corn futures restricted him from buying more.

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