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Nearby Terms

maxi ISA
Max Pain
maximum price fluctuation
MBI
MBO

maximum price fluctuation

definition

The largest amount a futures contract can move in a single trading session before triggering a trading halt. Maximum price fluctuation varies by individual commodity or financial instrument and is measured from the previous day's close. Maximum price fluctuations typically do not apply to the nearby delivery month. Also referred to as a limit move. See Circuit Breaker.

Related Terms

 • locked limit up  • platinum  • locked limit down  • trading halt  • limit move  • tick  • close  • circuit breaker