Futures · Pro
Futures price limit
Also searched as: limit up, limit down
What does Futures price limit mean?
A futures price limit restricts the permitted trading-price range under exchange rules. Reaching a limit can constrain trading or trigger a pause, depending on the product and session.
Example
A contract reaches its lower price boundary while sell orders remain unfilled.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
A stop order cannot guarantee an exit through a locked or halted market. Price limits are different from an account's daily loss limit.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.