Price Limits

Check daily price limits during the trading day to make sure your trades are never left hanging during a price limit halt. Find daily price limits for CME Group Agricultural, Energy, Equity Index, Interest Rates, and Metals products.

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded. Markets may temporarily halt until price limits can be expanded, remain in a limit condition or stop trading for the day, based on regulatory rules.

    Effective as of March 24, 2020, CME increased the daily price limit for the MARCH 2020 Feeder Cattle contract month to $0.10 per pound. See SER 8571 for additional information.

Find price limits for leading Agricultural futures products, including calendar spread limits.

Current Daily Price Limit

For trade date Wednesday, April 1, 2020, price limits for the following agricultural commodities will be:

Commodity Outrights Calendar Spreads
Australian Wheat FOB (Platts) Futures $50.00 N/A
Black Sea Corn Financially Settled (Platts) Futures $35.00 $70.00
Black Sea Sunflower Oil Financially Settled (Platts) Futures $145.00 N/A
Black Sea Wheat Financially Settled (Platts) Futures $40.00 $80.00
Block Cheese Futures $0.075 $0.15
Cash Butter $0.05 $0.10
Cash Settled Cheese $0.075 $0.15
Chicago SRW Wheat & mini-sized Chicago SRW Wheat   $0.35 $0.70
Class III Milk Futures $0.75 $1.50
Class IV Milk Futures $0.75 $1.50
Corn & mini-sized Corn $0.25 $0.50
Dry Whey $0.06 $0.12
Ethanol $0.30 $0.60
Feeder Cattle  $0.045 $0.09
KC HRW Wheat & mini-sized KC HRW Wheat $0.35 $0.70
Lean Hog $0.03 $0.06
Live Cattle $0.045 $0.09
Lumber $27.00 $54.00
MGEX Wheat and MGEX Wheat Options $0.60 $1.20
Non Fat Dry Milk $0.04 $0.08
Oats $0.20 $0.40
Rough Rice $0.85 $1.70
Soybean Crush

$1.26

 N/A
Soybean Meal $20.00 $40.00
Soybean Oil $0.020 $0.040
Soybeans & mini-sized Soybeans $0.60 $1.20

* Note expansion changes in bold text

Back to Top

Expanded Price Limits

See SER-8468 for details on variable price limit calculations.

Commodity Expanded Price Limit
Australian Wheat FOB (Platts) Futures $75.00
Black Sea Corn Financially Settled (Platts) Futures $52.50
Black Sea Sunflower Oil Financially Settled (Platts) Futures $220.00
Black Sea Wheat Financially Settled (Platts) Futures $60.00
Block Cheese Futures $0.15
Cash Butter $0.10
Cash Settled Cheese $0.15
Chicago SRW Wheat $0.55
Corn $0.40
Dry Whey $0.12
Feeder Cattle $0.0675
KC HRW Wheat $0.55
Lean Hog $0.045
Live Cattle $0.045
Lumber $27.00
Non Fat Dry Milk $0.08
Oats $0.30
Rough Rice $1.30
Soybean Crush $1.89
Soybean Meal $30.00
Soybean Oil $0.030
Soybeans $.90

Back to Top

    Effective as of March 19, 2020 and until further notice, NYMEX increased the dynamic circuit breakers of CL, QM, WS, BZ and all Associated Products. See SER 8566 for additional information.

    Effective as of March 13, 2020 and until further notice, NYMEX increased the dynamic circuit breakers of PA, RB, HO and all Associated Products. See SER 8561 for additional information.

These products use Dynamic Circuit Breakers. Limits update using a variant derived from the prior day’s settlement. DCB FAQs can be found here.

Natural Gas

Back to Top

Crude Oil

Back to Top

Refined Products

Back to Top

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 – 2:25 p.m. CT. Mondays through Fridays. From 2:25 p.m. to 3:00 p.m. CT, only the 20% price limit will be applied to the futures price fixing.
  • 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 Equity Index Fixing Prices page

    Limits for prelisted contracts will not be accurate until activation date

Bitcoin

Back to Top

Equity Limits

ContractsReference Price5% Price Limit (Overnight Hours) & 5:00 p.m. to 8:30 a.m. up and down7% Price Limit Down only13% Price Limit Down only20% Price Limit Down only
E-mini S&P 500 Futures (ESM0) 256950269850 /
244050		238900223400205300
E-mini S&P 500 ESG Index Futures (ESGM0) 2184422942 /
20746		203061898617448
E-mini S&P 500 Futures (ESU0) 256650269550 /
243750		238600223100205000
E-mini S&P 500 ESG Index Futures (ESGU0) 2196023058 /
20862		204221910217564
E-mini S&P 500 Futures (ESZ0) 256450269350 /
243550		238400222900204800
E-mini S&P 500 ESG Index Futures (ESGZ0) 2197223070 /
20874		204341911417576
E-mini S&P 500 Futures (ESH1) 256400269300 /
243500		238350222850204750
E-mini S&P 500 ESG Index Futures (ESGH1) 2198623084 /
20888		204481912817590
E-mini S&P 500 Futures (ESM1) 253000265900 /
240100		234950219450201350
E-mini S&P 500 ESG Index Futures (ESGM1) 2200023098 /
20902		204621914217604
E-mini Nasdaq-100 Futures (NQM0) 778625817675 /
739575		723950677050622375
E-mini Nasdaq-100 Futures (NQU0) 778700817750 /
739650		724025677125622450
E-mini Nasdaq-100 Futures (NQZ0) 776650815700 /
737600		721975675075620400
E-mini Nasdaq-100 Futures (NQH1) 774025813075 /
734975		719350672450617775
E-mini Nasdaq-100 Futures (NQM1) 772600811650 /
733550		717925671025616350
E-mini Dow ($5) Futures (YMM0) 2175122846 /
20656		202171890217368
E-mini Dow ($5) Futures (YMU0) 2168922784 /
20594		201551884017306
E-mini Dow ($5) Futures (YMZ0) 2157422669 /
20479		200401872517191
E-mini Dow ($5) Futures (YMH1) 2130222397 /
20207		197681845316919
Dow Jones Real Estate Futures (JRM0) 27462883 /
2609		255423892196
Dow Jones Real Estate Futures (JRU0) 27332870 /
2596		254123762183
Dow Jones Real Estate Futures (JRZ0) 27192856 /
2582		252723622169
Dow Jones Real Estate Futures (JRH1) 27042841 /
2567		251223472154
E-mini Communication Services Select Sector Futures (XAZM0) 2304024195 /
21885		214202003518410
E-mini Communication Services Select Sector Futures (XAZU0) 2323524390 /
22080		216152023018605
E-mini Communication Services Select Sector Futures (XAZZ0) 2331024465 /
22155		216902030518680
E-mini Communication Services Select Sector Futures (XAZH1) 2339024545 /
22235		217702038518760
E-mini Communication Services Select Sector Futures (XAZM1) 2346524620 /
22310		218452046018835
E-mini Consumer Discretionary Select Sector Futures (XAYM0) 98720103670 /
93770		917908585078910
E-mini Consumer Discretionary Select Sector Futures (XAYU0) 99190104140 /
94240		922608632079380
E-mini Consumer Discretionary Select Sector Futures (XAYZ0) 99330104280 /
94380		924008646079520
E-mini Consumer Discretionary Select Sector Futures (XAYH1) 99480104430 /
94530		925508661079670
E-mini Consumer Discretionary Select Sector Futures (XAYM1) 99620104570 /
94670		926908675079810
E-mini Consumer Staples Select Sector Futures (XAPM0) 5436057100 /
51620		505204723043390
E-mini Consumer Staples Select Sector Futures (XAPU0) 5460057340 /
51860		507604747043630
E-mini Consumer Staples Select Sector Futures (XAPZ0) 5452057260 /
51780		506804739043550
E-mini Consumer Staples Select Sector Futures (XAPH1) 5443057170 /
51690		505904730043460
E-mini Consumer Staples Select Sector Futures (XAPM1) 5435057090 /
51610		505104722043380
E-mini Energy Select Sector Futures (XAEM0) 2992031440 /
28400		277902597023840
E-mini Energy Select Sector Futures (XAEU0) 3034031860 /
28820		282102639024260
E-mini Energy Select Sector Futures (XAEZ0) 3032031840 /
28800		281902637024240
E-mini Energy Select Sector Futures (XAEH1) 3029031810 /
28770		281602634024210
E-mini Energy Select Sector Futures (XAEM1) 3027031790 /
28750		281402632024190
E-mini Financial Select Sector Futures (XAFM0) 2547026750 /
24190		236802214020350
E-mini Financial Select Sector Futures (XAFU0) 2569026970 /
24410		239002236020570
E-mini Financial Select Sector Futures (XAFZ0) 2575027030 /
24470		239602242020630
E-mini Financial Select Sector Futures (XAFH1) 2580027080 /
24520		240102247020680
E-mini Financial Select Sector Futures (XAFM1) 2586027140 /
24580		240702253020740
E-mini FTSE Emerging Index Futures (EIM0) 4194044050 /
39830		389903646033500
E-mini FTSE Emerging Index Futures (EIU0) 4166043770 /
39550		387103618033220
E-mini FTSE Emerging Index Futures (EIZ0) 4137043480 /
39260		384203589032930
E-mini FTSE Emerging Index Futures (EIH1) 4108043190 /
38970		381303560032640
E-mini FTSE Emerging Index Futures (EIM1) 4079042900 /
38680		378403531032350
E-mini Health Care Select Sector Futures (XAVM0) 8924093710 /
84770		829807760071330
E-mini Health Care Select Sector Futures (XAVU0) 8937093840 /
84900		831107773071460
E-mini Health Care Select Sector Futures (XAVZ0) 8936093830 /
84890		831007772071450
E-mini Health Care Select Sector Futures (XAVH1) 8935093820 /
84880		830907771071440
E-mini Health Care Select Sector Futures (XAVM1) 8934093810 /
84870		830807770071430
E-mini Industrial Select Sector Futures (XAIM0) 5913062100 /
56160		549705140047240
E-mini Industrial Select Sector Futures (XAIU0) 5955062520 /
56580		553905182047660
E-mini Industrial Select Sector Futures (XAIZ0) 5965062620 /
56680		554905192047760
E-mini Industrial Select Sector Futures (XAIH1) 5976062730 /
56790		556005203047870
E-mini Industrial Select Sector Futures (XAIM1) 5986062830 /
56890		557005213047970
E-mini IPOX 100 U.S. Index Futures (IPOM0) 281000295000 /
267000		261300244400224700
E-mini IPOX 100 U.S. Index Futures (IPOU0) 280900294900 /
266900		261200244300224600
E-mini IPOX 100 U.S. Index Futures (IPOZ0) 280800294800 /
266800		261100244200224500
E-mini IPOX 100 U.S. Index Futures (IPOH1) 280700294700 /
266700		261000244100224400
E-mini IPOX 100 U.S. Index Futures (IPOM1) 280600294600 /
266600		260900244000224300
E-mini Materials Select Sector Futures (XABM0) 4744049820 /
45060		441104124037910
E-mini Materials Select Sector Futures (XABU0) 4764050020 /
45260		443104144038110
E-mini Materials Select Sector Futures (XABZ0) 4766050040 /
45280		443304146038130
E-mini Materials Select Sector Futures (XABH1) 4767050050 /
45290		443404147038140
E-mini Materials Select Sector Futures (XABM1) 4769050070 /
45310		443604149038160
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM0) 338590355550 /
321630		314850294500270750
E-mini Nasdaq-100 Biotechnology Index Futures (BIOU0) 342630359590 /
325670		318890298540274790
E-mini Nasdaq-100 Biotechnology Index Futures (BIOZ0) 344700361660 /
327740		320960300610276860
E-mini Nasdaq-100 Biotechnology Index Futures (BIOH1) 346780363740 /
329820		323040302690278940
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM1) 348860365820 /
331900		325120304770281020
E-mini Nasdaq Composite Futures (QCNM0) 767500806000 /
729000		713600667400613500
E-mini Nasdaq Composite Futures (QCNU0) 766400804900 /
727900		712500666300612400
E-mini Real Estate Select Sector Futures (XARM0) 1497015720 /
14220		139201301511960
E-mini Real Estate Select Sector Futures (XARU0) 1492015670 /
14170		138701296511910
E-mini Real Estate Select Sector Futures (XARZ0) 1485015600 /
14100		138001289511840
E-mini Real Estate Select Sector Futures (XARH1) 1478515535 /
14035		137351283011775
E-mini Real Estate Select Sector Futures (XARM1) 1471515465 /
13965		136651276011705
E-mini Russell 1000 Growth Index Futures (RSGM0) 150960158540 /
143380		140350131250120640
E-mini Russell 1000 Growth Index Futures (RSGU0) 151640159220 /
144060		141030131930121320
E-mini Russell 1000 Growth Index Futures (RSGZ0) 151810159390 /
144230		141200132100121490
E-mini Russell 1000 Growth Index Futures (RSGH1) 151990159570 /
144410		141380132280121670
E-mini Russell 1000 Growth Index Futures (RSGM1) 152160159740 /
144580		141550132450121840
E-mini Russell 1000 Index Futures (RS1M0) 140830147910 /
133750		130920122420112510
E-mini Russell 1000 Index Futures (RS1U0) 141660148740 /
134580		131750123250113340
E-mini Russell 1000 Index Futures (RS1Z0) 141820148900 /
134740		131910123410113500
E-mini Russell 1000 Index Futures (RS1H1) 141980149060 /
134900		132070123570113660
E-mini Russell 1000 Index Futures (RS1M1) 142140149220 /
135060		132230123730113820
E-mini Russell 1000 Value Index Futures (RSVM0) 97170102070 /
92270		903108443077560
E-mini Russell 1000 Value Index Futures (RSVU0) 98050102950 /
93150		911908531078440
E-mini Russell 1000 Value Index Futures (RSVZ0) 98160103060 /
93260		913008542078550
E-mini Russell 1000 Value Index Futures (RSVH1) 98270103170 /
93370		914108553078660
E-mini Russell 1000 Value Index Futures (RSVM1) 98380103280 /
93480		915208564078770
E-mini Russell 2000 Growth Index Futures (R2GM0) 8060084620 /
76580		749707013064490
E-mini Russell 2000 Growth Index Futures (R2GU0) 8083084850 /
76810		752007036064720
E-mini Russell 2000 Growth Index Futures (R2GZ0) 8107085090 /
77050		754407060064960
E-mini Russell 2000 Growth Index Futures (R2GH1) 8130085320 /
77280		756707083065190
E-mini Russell 2000 Growth Index Futures (R2GM1) 8154085560 /
77520		759107107065430
E-mini Russell 2000 Index Futures (RTYM0) 114750120510 /
108990		1066809976091690
E-mini Russell 2000 Index Futures (RTYU0) 114580120340 /
108820		1065109959091520
E-mini Russell 2000 Index Futures (RTYZ0) 113770119530 /
108010		1057009878090710
E-mini Russell 2000 Index Futures (RTYH1) 113330119090 /
107570		1052609834090270
E-mini Russell 2000 Index Futures (RTYM1) 112890118650 /
107130		1048209790089830
E-mini Russell 2000 Value Index Futures (R2VM0) 123080129240 /
116920		11446010707098440
E-mini Russell 2000 Value Index Futures (R2VU0) 123310129470 /
117150		11469010730098670
E-mini Russell 2000 Value Index Futures (R2VZ0) 123550129710 /
117390		11493010754098910
E-mini Russell 2000 Value Index Futures (R2VH1) 123780129940 /
117620		11516010777099140
E-mini Russell 2000 Value Index Futures (R2VM1) 124020130180 /
117860		11540010801099380
E-mini S&P 600 SmallCap Futures (SMCM0) 6835071770 /
64930		635605945054660
E-mini S&P 600 SmallCap Futures (SMCU0) 6840071820 /
64980		636105950054710
E-mini S&P 600 SmallCap Futures (SMCZ0) 6844071860 /
65020		636505954054750
E-mini S&P 600 SmallCap Futures (SMCH1) 6848071900 /
65060		636905958054790
E-mini S&P 600 SmallCap Futures (SMCM1) 6853071950 /
65110		637405963054840
E-mini S&P MidCap 400 Futures (EMDM0) 143770150980 /
136560		133670125010114910
E-mini S&P MidCap 400 Futures (EMDU0) 144630151840 /
137420		134530125870115770
E-mini S&P MidCap 400 Futures (EMDZ0) 144910152120 /
137700		134810126150116050
E-mini S&P MidCap 400 Futures (EMDH1) 145190152400 /
137980		135090126430116330
E-mini S&P MidCap 400 Futures (EMDM1) 145470152680 /
138260		135370126710116610
E-mini Technology Select Sector Futures (XAKM0) 8067084710 /
76630		750107015064480
E-mini Technology Select Sector Futures (XAKU0) 8109085130 /
77050		754307057064900
E-mini Technology Select Sector Futures (XAKZ0) 8125085290 /
77210		755907073065060
E-mini Technology Select Sector Futures (XAKH1) 8141085450 /
77370		757507089065220
E-mini Technology Select Sector Futures (XAKM1) 8157085610 /
77530		759107105065380
E-mini Utilities Select Sector Futures (XAUM0) 5571058510 /
52910		517804841044480
E-mini Utilities Select Sector Futures (XAUU0) 5573058530 /
52930		518004843044500
E-mini Utilities Select Sector Futures (XAUZ0) 5554058340 /
52740		516104824044310
E-mini Utilities Select Sector Futures (XAUH1) 5536058160 /
52560		514304806044130
E-mini Utilities Select Sector Futures (XAUM1) 5518057980 /
52380		512504788043950
Micro E-mini Dow Jones Industrial Average Index Futures (MYMM0) 2175122846 /
20656		202171890217368
Micro E-mini Dow Jones Industrial Average Index Futures (MYMU0) 2168922784 /
20594		201551884017306
Micro E-mini Dow Jones Industrial Average Index Futures (MYMZ0) 2157422669 /
20479		200401872517191
Micro E-mini Dow Jones Industrial Average Index Futures (MYMH1) 2130222397 /
20207		197681845316919
Micro E-mini Nasdaq-100 Index Futures (MNQM0) 778625817675 /
739575		723950677050622375
Micro E-mini Nasdaq-100 Index Futures (MNQU0) 778700817750 /
739650		724025677125622450
Micro E-mini Nasdaq-100 Index Futures (MNQZ0) 776650815700 /
737600		721975675075620400
Micro E-mini Nasdaq-100 Index Futures (MNQH1) 774025813075 /
734975		719350672450617775
Micro E-mini Nasdaq-100 Index Futures (MNQM1) 772600811650 /
733550		717925671025616350
Micro E-mini Russell 2000 Index Futures (M2KM0) 114750120510 /
108990		1066809976091690
Micro E-mini Russell 2000 Index Futures (M2KU0) 114580120340 /
108820		1065109959091520
Micro E-mini Russell 2000 Index Futures (M2KZ0) 113770119530 /
108010		1057009878090710
Micro E-mini Russell 2000 Index Futures (M2KH1) 113330119090 /
107570		1052609834090270
Micro E-mini Russell 2000 Index Futures (M2KM1) 112890118650 /
107130		1048209790089830
Micro E-mini S&P 500 Index Futures (MESM0) 256950269850 /
244050		238900223400205300
Micro E-mini S&P 500 Index Futures (MESU0) 256650269550 /
243750		238600223100205000
Micro E-mini S&P 500 Index Futures (MESZ0) 256450269350 /
243550		238400222900204800
Micro E-mini S&P 500 Index Futures (MESH1) 256400269300 /
243500		238350222850204750
Micro E-mini S&P 500 Index Futures (MESM1) 253000265900 /
240100		234950219450201350
S&P 500 Futures (SPM0) 256950269850 /
244050		238900223400205300
S&P 500 Futures (SPU0) 256650269550 /
243750		238600223100205000
S&P 500 Futures (SPZ0) 256450269350 /
243550		238400222900204800
S&P 500 Futures (SPH1) 256400269300 /
243500		238350222850204750
S&P 500 Futures (SPM1) 253000265900 /
240100		234950219450201350
S&P 500 Futures (SPU1) 252050264950 /
239150		234000218500200400
S&P 500 Futures (SPZ1) 251050263950 /
238150		233000217500199400
S&P 500 Futures (SPH2) 250050262950 /
237150		232000216500198400
S&P 500 Futures (SPZ2) 247050259950 /
234150		229000213500195400
S&P 500 Futures (SPZ3) 243100256000 /
230200		225050209550191450
S&P 500 Futures (SPZ4) 239050251950 /
226150		221000205500187400
S&P 500 Growth Futures (SGM0) 165690174010 /
157370		154050144060132410
S&P 500 Growth Futures (SGU0) 165260173580 /
156940		153620143630131980
S&P 500 Value Futures (SUM0) 9449099250 /
89730		878208210075430
S&P 500 Value Futures (SUU0) 9380098560 /
89040		871308141074740
S&P MLP Total Return Index Futures (SLPM0) 195500205300 /
185700		181800170100156300
S&P MLP Total Return Index Futures (SLPU0) 195400205200 /
185600		181700170000156200
S&P MLP Total Return Index Futures (SLPZ0) 195200205000 /
185400		181500169800156000
S&P MLP Total Return Index Futures (SLPH1) 195100204900 /
185300		181400169700155900
S&P MLP Total Return Index Futures (SLPM1) 194900204700 /
185100		181200169500155700
As of Trade Date: 04/01/2020

Back to Top

Equity Limits for Nikkei and Topix

ContractsReference Price8% Price Limit Up / Down12% Price Limit Up / Down16% Price Limit Up / Down
E-mini Nikkei 225 - Yen denominated Futures (ENYM0) 1885020720 / 1698021660 / 1604022600 / 15100
E-mini Nikkei 225 - Yen denominated Futures (ENYU0) 1879020660 / 1692021600 / 1598022540 / 15040
E-mini Nikkei 225 - Yen denominated Futures (ENYZ0) 1866020530 / 1679021470 / 1585022410 / 14910
E-mini Nikkei 225 - Yen denominated Futures (ENYH1) 1857020440 / 1670021380 / 1576022320 / 14820
Nikkei/USD Futures (NKM0) 1885020720 / 1698021660 / 1604022600 / 15100
Nikkei/USD Futures (NKU0) 1879020660 / 1692021600 / 1598022540 / 15040
Nikkei/USD Futures (NKZ0) 1866020530 / 1679021470 / 1585022410 / 14910
Nikkei/USD Futures (NKH1) 1857020440 / 1670021380 / 1576022320 / 14820
Nikkei/USD Futures (NKM1) 1848020350 / 1661021290 / 1567022230 / 14730
Nikkei/USD Futures (NKU1) 1839020260 / 1652021200 / 1558022140 / 14640
Nikkei/USD Futures (NKZ1) 1830020170 / 1643021110 / 1549022050 / 14550
Nikkei/USD Futures (NKH2) 1821020080 / 1634021020 / 1540021960 / 14460
Nikkei/USD Futures (NKM2) 1812019990 / 1625020930 / 1531021870 / 14370
Nikkei/USD Futures (NKU2) 1803019900 / 1616020840 / 1522021780 / 14280
Nikkei/USD Futures (NKZ2) 1794019810 / 1607020750 / 1513021690 / 14190
Nikkei/USD Futures (NKH3) 1785019720 / 1598020660 / 1504021600 / 14100
Nikkei/USD Futures (NKZ3) 1758019450 / 1571020390 / 1477021330 / 13830
Nikkei/USD Futures (NKZ4) 1721019080 / 1534020020 / 1440020960 / 13460
Nikkei/USD Futures (NKZ5) 1685018720 / 1498019660 / 1404020600 / 13100
Nikkei/Yen Futures (NIYJ0) 1890020770 / 1703021710 / 1609022650 / 15150
Nikkei/Yen Futures (NIYK0) 1887020740 / 1700021680 / 1606022620 / 15120
Nikkei/Yen Futures (NIYM0) 1885020720 / 1698021660 / 1604022600 / 15100
Nikkei/Yen Futures (NIYN0) 1881020680 / 1694021620 / 1600022560 / 15060
Nikkei/Yen Futures (NIYU0) 1879020660 / 1692021600 / 1598022540 / 15040
Nikkei/Yen Futures (NIYZ0) 1866020530 / 1679021470 / 1585022410 / 14910
Nikkei/Yen Futures (NIYH1) 1857020440 / 1670021380 / 1576022320 / 14820
Nikkei/Yen Futures (NIYM1) 1848020350 / 1661021290 / 1567022230 / 14730
Nikkei/Yen Futures (NIYU1) 1839020260 / 1652021200 / 1558022140 / 14640
Nikkei/Yen Futures (NIYZ1) 1830020170 / 1643021110 / 1549022050 / 14550
Nikkei/Yen Futures (NIYH2) 1821020080 / 1634021020 / 1540021960 / 14460
Nikkei/Yen Futures (NIYM2) 1812019990 / 1625020930 / 1531021870 / 14370
Nikkei/Yen Futures (NIYU2) 1803019900 / 1616020840 / 1522021780 / 14280
Nikkei/Yen Futures (NIYZ2) 1794019810 / 1607020750 / 1513021690 / 14190
Nikkei/Yen Futures (NIYH3) 1785019720 / 1598020660 / 1504021600 / 14100
Nikkei/Yen Futures (NIYZ3) 1758019450 / 1571020390 / 1477021330 / 13830
Nikkei/Yen Futures (NIYZ4) 1721019080 / 1534020020 / 1440020960 / 13460
Nikkei/Yen Futures (NIYZ5) 1685018720 / 1498019660 / 1404020600 / 13100
Yen Denominated TOPIX Futures (TPYM0) 140100153700 / 126500160500 / 119700167300 / 112900
Yen Denominated TOPIX Futures (TPYU0) 137450151050 / 123850157850 / 117050164650 / 110250
Yen Denominated TOPIX Futures (TPYZ0) 135900149500 / 122300156300 / 115500163100 / 108700
Yen Denominated TOPIX Futures (TPYH1) 134350147950 / 120750154750 / 113950161550 / 107150
Yen Denominated TOPIX Futures (TPYM1) 132800146400 / 119200153200 / 112400160000 / 105600
As of Trade Date: 04/01/2020

Back to Top

Equity Limits for FTSE and Ibovespa

ContractsReference Price5% Price Limit up and down
E-mini FTSE 100 Index (GBP) Futures (FT1M0) 561150589500 /
532800
E-mini FTSE 100 Index (GBP) Futures (FT1U0) 556050584400 /
527700
E-mini FTSE 100 Index (GBP) Futures (FT1Z0) 550900579250 /
522550
E-mini FTSE 100 Index (GBP) Futures (FT1H1) 545800574150 /
517450
E-mini FTSE 100 Index (GBP) Futures (FT1M1) 540700569050 /
512350
E-mini FTSE China 50 Index Futures (FT5M0) 1686517705 /
16025
E-mini FTSE China 50 Index Futures (FT5U0) 1692517765 /
16085
E-mini FTSE China 50 Index Futures (FT5Z0) 1698017820 /
16140
E-mini FTSE China 50 Index Futures (FT5H1) 1704017880 /
16200
E-mini FTSE China 50 Index Futures (FT5M1) 1709517935 /
16255
E-mini FTSE Developed Europe Index Futures (DVEM0) 2044521475 /
19415
E-mini FTSE Developed Europe Index Futures (DVEU0) 2020021230 /
19170
E-mini FTSE Developed Europe Index Futures (DVEZ0) 1995520985 /
18925
E-mini FTSE Developed Europe Index Futures (DVEH1) 1971520745 /
18685
E-mini FTSE Developed Europe Index Futures (DVEM1) 1947020500 /
18440
E-mini USD Denominated FTSE 100 Index Futures (FTUM0) 7639080190 /
72590
E-mini USD Denominated FTSE 100 Index Futures (FTUU0) 7659080390 /
72790
E-mini USD Denominated FTSE 100 Index Futures (FTUZ0) 7680080600 /
73000
E-mini USD Denominated FTSE 100 Index Futures (FTUH1) 7700080800 /
73200
E-mini USD Denominated FTSE 100 Index Futures (FTUM1) 7720081000 /
73400
USD-Denominated Ibovespa Index Futures (IBVJ0) 7461282070 /
67155
USD-Denominated Ibovespa Index Futures (IBVM0) 7491082400 /
67420
USD-Denominated Ibovespa Index Futures (IBVQ0) 7517782690 /
67660
USD-Denominated Ibovespa Index Futures (IBVV0) 7548083025 /
67935
As of Trade Date: 04/01/2020

Back to Top

How do circuit breakers work in Treasury futures?

  • Limit bid/offer will trigger circuit breaker by lead month contract.
  • A two (2) minute timer (monitoring period) begins after triggering event, future and option groups remain open.
  • At the conclusion of the 2-minute timer:
    • Limit Bid or Offer is true, preopen futures 2 minutes/options 2 minutes 10 seconds and expand limits to next level
    • Limit Bid or Offer is false, expand limits to next level in open trading (no pause)

Circuit Breakers during Regular Trading Hours (RTH) – 7:00 to 16:00 Central

  2-Yr Note 5-Yr Note 10-Yr Note Ultra 10-Yr 30-Yr Bond Ultra-Bond Eurodollar
  TU FV TY TN US UB ED
Level 1 3 points 6 points 6 points 6 points 9 points 9 points 150 bps
Level 2 4 points 8 points 8 points 8 points 12 points 12 points 200 bps
Level 3 5 points 10 points 10 points 10 points 15 points 15 points 250 bps
Level 4 6 points 12 points 12 points 12 points 18 points 18 points 300 bps
Level 5 No limit No limit No limit No limit No limit No limit No limit

Circuit Breakers during Extending Trading Hours (ETH) – 17:00 to 7:00 Central

  2-Yr Note 5-Yr Note 10-Yr Note Ultra 10-Yr 30-Yr Bond Ultra-Bond Eurodollar
  TU FV TY TN US UB ED
Level 1 1 point 2 points 2 points 2 points 3 points 3 points 50 bps
Level 2 2 points 4 points 4 points 4 points 6 points 6 points 100 bps
Level 3 3 points 6 points 6 points 6 points 9 points 9 points 150 bps
Level 4 4 points 8 points 8 points 8 points 12 points 12 points 200 bps
Level 5 No limit No limit No limit No limit No limit No limit No limit

For more detail, see: http://www.cmegroup.com/rulebook/files/special-price-fluctuation-limits.xlsx

    Effective as of March 19, 2020 and until further notice, NYMEX increased the dynamic circuit breakers of CL, QM, WS, BZ and all Associated Products. See SER 8566 for additional information.

    Effective as of March 13, 2020 and until further notice, NYMEX increased the dynamic circuit breakers of PA, RB, HO and all Associated Products. See SER 8561 for additional information.

These products use Dynamic Circuit Breakers. Limits update using a variant derived from the prior day’s settlement. DCB FAQs can be found here.

Back to Top

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2020 CME Group Inc. All rights reserved.

Disclaimer | Privacy Policy | Cookie Policy | Terms of Use | Data Terms of Use | Modern Slavery Act Transparency Statement