CME Price Limit Guide - Trading Halted Levels

Discussion in 'Announcements' started by AMP_Trading, Feb 5, 2018.

  1. AMP_Trading

    AMP_Trading ET Sponsor

    Due to Market Volatiity, we want you to know these levels. They are updated on this CME page daily.

    CME Group U.S. equity index price limits (and corresponding CME and CBOT rules) are designed to coordinate with circuit breakers provisions as applied by the New York Stock Exchange (NYSE).

    • 7%, 13%, and 20% price limits are applied to the futures fixing price and are effective from 8:30 a.m. CT – 3:00 p.m. CT. Mondays through Fridays.
    • 5% up-and-down limits are effective 5:00 p.m. - 8:30 a.m. CT. Sundays through Fridays; and 3:00 p.m. - 4:00 p.m. CT, Mondays through Fridays. Between 3:00 p.m. - 4:00 p.m. the 5% price limit will not be allowed to breech the 20% daily limit.
    • The fixing price is the volume weighted average price, VWAP, calculated during the 30 seconds of trading from 2:59:30 p.m. – 3:00:00 p.m. CT.
    View the CME Price Limits Guide - Trading Will be Halted at these Levels if reached.


    There is a risk of loss in trading futures, forex and options. Futures, forex and options trading are not appropriate for all investors.
     
  2. SumZero

    SumZero

    Shouldn't we have an halt when S&P futures reached -5% ?
     
  3. southall

    southall

    5% is the overnight halt, like when Trump won the election
     
  4. SumZero

    SumZero

    thanks. so it's -7% until 17:00 NY time ?
    what if the market opens -5% after 18:00 NY time ?