What is the meaning of DAILY LIMIT?

DAILY LIMIT is the maximum futures contract price advance or decline from the previous day's settlement price permitted during one trading session, as fixed by the rules of the Exchange.

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APABarry Goldsmith. (2010). DAILY LIMIT. Retrieved September 29, 2026, from http://smartdefine.org/daily_limit/definitions/1151402
ChicagoBarry Goldsmith. 2010. "DAILY LIMIT" http://smartdefine.org/daily_limit/definitions/1151402 (accessed September 29, 2026).
HarvardBarry Goldsmith 2010, DAILY LIMIT, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/daily_limit/definitions/1151402>.
MLABarry Goldsmith. "DAILY LIMIT" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/daily_limit/definitions/1151402>