What is the definition of A lock Limit?
- Posted on November 20, 2019
- Financial Terms
- By admin admin
A Lock limit is a term used in futures trading to refer to a given price level at which trading will be halted. For example, if the lock limit on oil is $120 / barrel then once oil hits that $120 / barrel price, all oil trading above and below that price will be halted for the day.
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