Variable price limits allow contracts to trade past their maximum daily changes. Exchanges determine whether a futures contract be assigned a variable price limit as it is generally used for commodities with high transaction volumes.
Investment dictionary. Academic. 2012.
price limit — The maximum advance or decline from the previous day s settlement permitted for a contract in one trading session by the rules of the exchange. According to the Chicago Board of Trade rules, an expanded allowable price range set during volatile… … Financial and business terms
limit — See price limit, position limit, and variable limit. The CENTER ONLINE Futures Glossary See trading limit. Bloomberg Financial Dictionary A contract s maximum price advance or decline from the previous day s settlement price permitted in one… … Financial and business terms
Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… … Wikipedia
variable limit — According to the Chicago Board of Trade rules, an expanded allowable price range set during volatile markets. Chicago Board of Trade glossary Most exchanges set limits on the maximum daily price movement of some of the futures contracts traded on … Financial and business terms
Variable-rate mortgage — A variable rate mortgage or floating rate mortgage is a mortgage loan where the interest rate varies to reflect market conditions. The interest rate will normally vary with changes to the base rate of the central bank and reflects changing costs… … Wikipedia
Speed limit — For a discussion of the maximum speed possible in the universe, see speed of light and special relativity. A road speed limit is the maximum speed allowed by law for road vehicles. Speed limits are commonly set and enforced by the legislative… … Wikipedia
Instrumental variable — In statistics, econometrics, and related disciplines, the method of instrumental variables (IV) is used to estimate causal relationships when controlled experiments are not feasible. Statistically, IV methods allow consistent estimation when the… … Wikipedia
Shadow price — Loosely, the shadow price is the change in the objective value of the optimal solution of an optimization problem obtained by relaxing the constraint by one unit. In a business application, a shadow price is the maximum price that management is… … Wikipedia
Credit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
Revenue-cap regulation — regulation is a system for setting the prices charged by regulated monopolies. It is contrasted with rate of return regulation, in which utilities are permitted a set rate of return on capital, and with price cap regulation where total revenue is … Wikipedia
