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.

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

Current Daily Price Limit

For trade date Friday, May 29, 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 $0.150
Cash Butter $0.10 $0.20
Cash Settled Cheese $0.075 $0.15
Chicago SRW Wheat & mini-sized Chicago SRW Wheat   $0.40 $0.80
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 $0.40 $0.80
Lean Hog $0.0375 $0.075
Live Cattle $0.03 $0.06
Lumber $19.00 $38.00
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 $0.95 $1.90
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

Expanded Price Limits

See SER-8590 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 $0.60
Corn $0.40
Dry Whey $0.12
Feeder Cattle $0.0675
KC HRW Wheat $0.60
Lean Hog $0.055
Live Cattle $0.045
Lumber $29.00
Non Fat Dry Milk $0.08
Oats $0.30
Rough Rice $1.50
Soybean Crush $1.89
Soybean Meal $30.00
Soybean Oil $0.030
Soybeans $.90

    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

Crude Oil

Refined Products

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

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) 302600317700 /
287500
281400263250242050
E-mini S&P 500 ESG Index Futures (ESGM0) 2572827014 /
24442
239262238220578
E-mini S&P 500 Futures (ESU0) 301600316700 /
286500
280400262250241050
E-mini S&P 500 ESG Index Futures (ESGU0) 2577027056 /
24484
239682242420620
E-mini S&P 500 Futures (ESZ0) 301000316100 /
285900
279800261650240450
E-mini S&P 500 ESG Index Futures (ESGZ0) 2578427070 /
24498
239822243820634
E-mini S&P 500 Futures (ESH1) 300350315450 /
285250
279150261000239800
E-mini S&P 500 ESG Index Futures (ESGH1) 2580027086 /
24514
239982245420650
E-mini S&P 500 Futures (ESM1) 299400314500 /
284300
278200260050238850
E-mini S&P 500 ESG Index Futures (ESGM1) 2581627102 /
24530
240142247020666
E-mini Nasdaq-100 Futures (NQM0) 941425988500 /
894350
875525819025753100
E-mini Nasdaq-100 Futures (NQU0) 939800986875 /
892725
873900817400751475
E-mini Nasdaq-100 Futures (NQZ0) 939950987025 /
892875
874050817550751625
E-mini Nasdaq-100 Futures (NQH1) 939250986325 /
892175
873350816850750925
E-mini Nasdaq-100 Futures (NQM1) 938550985625 /
891475
872650816150750225
E-mini Dow ($5) Futures (YMM0) 2535826628 /
24088
235802205620278
E-mini Dow ($5) Futures (YMU0) 2523526505 /
23965
234572193320155
E-mini Dow ($5) Futures (YMZ0) 2514526415 /
23875
233672184320065
E-mini Dow ($5) Futures (YMH1) 2503126301 /
23761
232532172919951
Dow Jones Real Estate Futures (JRM0) 30673220 /
2914
285226672452
Dow Jones Real Estate Futures (JRU0) 30583211 /
2905
284326582443
Dow Jones Real Estate Futures (JRZ0) 30423195 /
2889
282726422427
Dow Jones Real Estate Futures (JRH1) 30273180 /
2874
281226272412
E-mini Communication Services Select Sector Futures (XAZM0) 2809529500 /
26690
261302444522475
E-mini Communication Services Select Sector Futures (XAZU0) 2823529640 /
26830
262702458522615
E-mini Communication Services Select Sector Futures (XAZZ0) 2833029735 /
26925
263652468022710
E-mini Communication Services Select Sector Futures (XAZH1) 2842529830 /
27020
264602477522805
E-mini Communication Services Select Sector Futures (XAZM1) 2852029925 /
27115
265552487022900
E-mini Consumer Discretionary Select Sector Futures (XAYM0) 124780131020 /
118540
11604010854099800
E-mini Consumer Discretionary Select Sector Futures (XAYU0) 125220131460 /
118980
116480108980100240
E-mini Consumer Discretionary Select Sector Futures (XAYZ0) 125400131640 /
119160
116660109160100420
E-mini Consumer Discretionary Select Sector Futures (XAYH1) 125580131820 /
119340
116840109340100600
E-mini Consumer Discretionary Select Sector Futures (XAYM1) 125770132010 /
119530
117030109530100790
E-mini Consumer Staples Select Sector Futures (XAPM0) 5917062130 /
56210
550205146047300
E-mini Consumer Staples Select Sector Futures (XAPU0) 5926062220 /
56300
551105155047390
E-mini Consumer Staples Select Sector Futures (XAPZ0) 5917062130 /
56210
550205146047300
E-mini Consumer Staples Select Sector Futures (XAPH1) 5908062040 /
56120
549305137047210
E-mini Consumer Staples Select Sector Futures (XAPM1) 5899061950 /
56030
548405128047120
E-mini Energy Select Sector Futures (XAEM0) 4027042280 /
38260
374603504032220
E-mini Energy Select Sector Futures (XAEU0) 4029042300 /
38280
374803506032240
E-mini Energy Select Sector Futures (XAEZ0) 4026042270 /
38250
374503503032210
E-mini Energy Select Sector Futures (XAEH1) 4023042240 /
38220
374203500032180
E-mini Energy Select Sector Futures (XAEM1) 4020042210 /
38190
373903497032150
E-mini Financial Select Sector Futures (XAFM0) 2902030470 /
27570
269902524023210
E-mini Financial Select Sector Futures (XAFU0) 2916030610 /
27710
271302538023350
E-mini Financial Select Sector Futures (XAFZ0) 2922030670 /
27770
271902544023410
E-mini Financial Select Sector Futures (XAFH1) 2929030740 /
27840
272602551023480
E-mini Financial Select Sector Futures (XAFM1) 2935030800 /
27900
273202557023540
E-mini FTSE Emerging Index Futures (EIM0) 4567047970 /
43370
424503968036460
E-mini FTSE Emerging Index Futures (EIU0) 4568047980 /
43380
424603969036470
E-mini FTSE Emerging Index Futures (EIZ0) 4537047670 /
43070
421503938036160
E-mini FTSE Emerging Index Futures (EIH1) 4505047350 /
42750
418303906035840
E-mini FTSE Emerging Index Futures (EIM1) 4474047040 /
42440
415203875035530
E-mini Health Care Select Sector Futures (XAVM0) 102480107600 /
97360
953008915081970
E-mini Health Care Select Sector Futures (XAVU0) 102600107720 /
97480
954208927082090
E-mini Health Care Select Sector Futures (XAVZ0) 102590107710 /
97470
954108926082080
E-mini Health Care Select Sector Futures (XAVH1) 102570107690 /
97450
953908924082060
E-mini Health Care Select Sector Futures (XAVM1) 102560107680 /
97440
953808923082050
E-mini Industrial Select Sector Futures (XAIM0) 6831071720 /
64900
635305943054640
E-mini Industrial Select Sector Futures (XAIU0) 6854071950 /
65130
637605966054870
E-mini Industrial Select Sector Futures (XAIZ0) 6866072070 /
65250
638805978054990
E-mini Industrial Select Sector Futures (XAIH1) 6877072180 /
65360
639905989055100
E-mini Industrial Select Sector Futures (XAIM1) 6889072300 /
65480
641106001055220
E-mini IPOX 100 U.S. Index Futures (IPOM0) 351200368700 /
333700
326700305600281000
E-mini IPOX 100 U.S. Index Futures (IPOU0) 351100368600 /
333600
326600305500280900
E-mini IPOX 100 U.S. Index Futures (IPOZ0) 351000368500 /
333500
326500305400280800
E-mini IPOX 100 U.S. Index Futures (IPOH1) 350900368400 /
333400
326400305300280700
E-mini IPOX 100 U.S. Index Futures (IPOM1) 350800368300 /
333300
326300305200280600
E-mini Materials Select Sector Futures (XABM0) 5846061380 /
55540
543705085046750
E-mini Materials Select Sector Futures (XABU0) 5860061520 /
55680
545105099046890
E-mini Materials Select Sector Futures (XABZ0) 5862061540 /
55700
545305101046910
E-mini Materials Select Sector Futures (XABH1) 5865061570 /
55730
545605104046940
E-mini Materials Select Sector Futures (XABM1) 5867061590 /
55750
545805106046960
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM0) 414990435740 /
394240
385930361020331960
E-mini Nasdaq-100 Biotechnology Index Futures (BIOU0) 418460439210 /
397710
389400364490335430
E-mini Nasdaq-100 Biotechnology Index Futures (BIOZ0) 421000441750 /
400250
391940367030337970
E-mini Nasdaq-100 Biotechnology Index Futures (BIOH1) 423550444300 /
402800
394490369580340520
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM1) 426100446850 /
405350
397040372130343070
E-mini Nasdaq Composite Futures (QCNM0) 936550983350 /
889750
871000814800749200
E-mini Nasdaq Composite Futures (QCNU0) 935150981950 /
888350
869600813400747800
E-mini Real Estate Select Sector Futures (XARM0) 1683017670 /
15990
156501463513455
E-mini Real Estate Select Sector Futures (XARU0) 1679017630 /
15950
156101459513415
E-mini Real Estate Select Sector Futures (XARZ0) 1671517555 /
15875
155351452013340
E-mini Real Estate Select Sector Futures (XARH1) 1664017480 /
15800
154601444513265
E-mini Real Estate Select Sector Futures (XARM1) 1656517405 /
15725
153851437013190
E-mini Russell 1000 Growth Index Futures (RSGM0) 183530192710 /
174350
170680159660146810
E-mini Russell 1000 Growth Index Futures (RSGU0) 183050192230 /
173870
170200159180146330
E-mini Russell 1000 Growth Index Futures (RSGZ0) 182550191730 /
173370
169700158680145830
E-mini Russell 1000 Growth Index Futures (RSGH1) 182040191220 /
172860
169190158170145320
E-mini Russell 1000 Growth Index Futures (RSGM1) 181540190720 /
172360
168690157670144820
E-mini Russell 1000 Index Futures (RS1M0) 167250175620 /
158880
155540145490133770
E-mini Russell 1000 Index Futures (RS1U0) 166700175070 /
158330
154990144940133220
E-mini Russell 1000 Index Futures (RS1Z0) 166100174470 /
157730
154390144340132620
E-mini Russell 1000 Index Futures (RS1H1) 165490173860 /
157120
153780143730132010
E-mini Russell 1000 Index Futures (RS1M1) 164890173260 /
156520
153180143130131410
E-mini Russell 1000 Value Index Futures (RSVM0) 112140117750 /
106530
1042809754089680
E-mini Russell 1000 Value Index Futures (RSVU0) 111720117330 /
106110
1038609712089260
E-mini Russell 1000 Value Index Futures (RSVZ0) 111220116830 /
105610
1033609662088760
E-mini Russell 1000 Value Index Futures (RSVH1) 110710116320 /
105100
1028509611088250
E-mini Russell 1000 Value Index Futures (RSVM1) 110210115820 /
104600
1023509561087750
E-mini Russell 2000 Growth Index Futures (R2GM0) 101310106360 /
96260
942308816081080
E-mini Russell 2000 Growth Index Futures (R2GU0) 101600106650 /
96550
945208845081370
E-mini Russell 2000 Growth Index Futures (R2GZ0) 101900106950 /
96850
948208875081670
E-mini Russell 2000 Growth Index Futures (R2GH1) 102190107240 /
97140
951108904081960
E-mini Russell 2000 Growth Index Futures (R2GM1) 102490107540 /
97440
954108934082260
E-mini Russell 2000 Index Futures (RTYM0) 140180147180 /
133180
130380121980112170
E-mini Russell 2000 Index Futures (RTYU0) 139830146830 /
132830
130030121630111820
E-mini Russell 2000 Index Futures (RTYZ0) 139430146430 /
132430
129630121230111420
E-mini Russell 2000 Index Futures (RTYH1) 139090146090 /
132090
129290120890111080
E-mini Russell 2000 Index Futures (RTYM1) 138760145760 /
131760
128960120560110750
E-mini Russell 2000 Value Index Futures (R2VM0) 143710150880 /
136540
133670125060115020
E-mini Russell 2000 Value Index Futures (R2VU0) 143990151160 /
136820
133950125340115300
E-mini Russell 2000 Value Index Futures (R2VZ0) 144260151430 /
137090
134220125610115570
E-mini Russell 2000 Value Index Futures (R2VH1) 144540151710 /
137370
134500125890115850
E-mini Russell 2000 Value Index Futures (R2VM1) 144810151980 /
137640
134770126160116120
E-mini S&P 600 SmallCap Futures (SMCM0) 8122085270 /
77170
755407068065000
E-mini S&P 600 SmallCap Futures (SMCU0) 8128085330 /
77230
756007074065060
E-mini S&P 600 SmallCap Futures (SMCZ0) 8133085380 /
77280
756507079065110
E-mini S&P 600 SmallCap Futures (SMCH1) 8138085430 /
77330
757007084065160
E-mini S&P 600 SmallCap Futures (SMCM1) 8143085480 /
77380
757507089065210
E-mini S&P MidCap 400 Futures (EMDM0) 177230186090 /
168370
164820154180141770
E-mini S&P MidCap 400 Futures (EMDU0) 176940185800 /
168080
164530153890141480
E-mini S&P MidCap 400 Futures (EMDZ0) 178140187000 /
169280
165730155090142680
E-mini S&P MidCap 400 Futures (EMDH1) 178490187350 /
169630
166080155440143030
E-mini S&P MidCap 400 Futures (EMDM1) 178830187690 /
169970
166420155780143370
E-mini Technology Select Sector Futures (XAKM0) 97220102080 /
92360
904208458077780
E-mini Technology Select Sector Futures (XAKU0) 97490102350 /
92630
906908485078050
E-mini Technology Select Sector Futures (XAKZ0) 97690102550 /
92830
908908505078250
E-mini Technology Select Sector Futures (XAKH1) 97880102740 /
93020
910808524078440
E-mini Technology Select Sector Futures (XAKM1) 98080102940 /
93220
912808544078640
E-mini Utilities Select Sector Futures (XAUM0) 5954062520 /
56560
553605178047600
E-mini Utilities Select Sector Futures (XAUU0) 5950062480 /
56520
553205174047560
E-mini Utilities Select Sector Futures (XAUZ0) 5931062290 /
56330
551305155047370
E-mini Utilities Select Sector Futures (XAUH1) 5911062090 /
56130
549305135047170
E-mini Utilities Select Sector Futures (XAUM1) 5892061900 /
55940
547405116046980
Micro E-mini Dow Jones Industrial Average Index Futures (MYMM0) 2535826628 /
24088
235802205620278
Micro E-mini Dow Jones Industrial Average Index Futures (MYMU0) 2523526505 /
23965
234572193320155
Micro E-mini Dow Jones Industrial Average Index Futures (MYMZ0) 2514526415 /
23875
233672184320065
Micro E-mini Dow Jones Industrial Average Index Futures (MYMH1) 2503126301 /
23761
232532172919951
Micro E-mini Nasdaq-100 Index Futures (MNQM0) 941425988500 /
894350
875525819025753100
Micro E-mini Nasdaq-100 Index Futures (MNQU0) 939800986875 /
892725
873900817400751475
Micro E-mini Nasdaq-100 Index Futures (MNQZ0) 939950987025 /
892875
874050817550751625
Micro E-mini Nasdaq-100 Index Futures (MNQH1) 939250986325 /
892175
873350816850750925
Micro E-mini Nasdaq-100 Index Futures (MNQM1) 938550985625 /
891475
872650816150750225
Micro E-mini Russell 2000 Index Futures (M2KM0) 140180147180 /
133180
130380121980112170
Micro E-mini Russell 2000 Index Futures (M2KU0) 139830146830 /
132830
130030121630111820
Micro E-mini Russell 2000 Index Futures (M2KZ0) 139430146430 /
132430
129630121230111420
Micro E-mini Russell 2000 Index Futures (M2KH1) 139090146090 /
132090
129290120890111080
Micro E-mini Russell 2000 Index Futures (M2KM1) 138760145760 /
131760
128960120560110750
Micro E-mini S&P 500 Index Futures (MESM0) 302600317700 /
287500
281400263250242050
Micro E-mini S&P 500 Index Futures (MESU0) 301600316700 /
286500
280400262250241050
Micro E-mini S&P 500 Index Futures (MESZ0) 301000316100 /
285900
279800261650240450
Micro E-mini S&P 500 Index Futures (MESH1) 300350315450 /
285250
279150261000239800
Micro E-mini S&P 500 Index Futures (MESM1) 299400314500 /
284300
278200260050238850
S&P 500 Futures (SPM0) 302600317700 /
287500
281400263250242050
S&P 500 Futures (SPU0) 301600316700 /
286500
280400262250241050
S&P 500 Futures (SPZ0) 301000316100 /
285900
279800261650240450
S&P 500 Futures (SPH1) 300350315450 /
285250
279150261000239800
S&P 500 Futures (SPM1) 299400314500 /
284300
278200260050238850
S&P 500 Futures (SPU1) 298600313700 /
283500
277400259250238050
S&P 500 Futures (SPZ1) 297750312850 /
282650
276550258400237200
S&P 500 Futures (SPH2) 296900312000 /
281800
275700257550236350
S&P 500 Futures (SPZ2) 294400309500 /
279300
273200255050233850
S&P 500 Futures (SPZ3) 291100306200 /
276000
269900251750230550
S&P 500 Futures (SPZ4) 287700302800 /
272600
266500248350227150
S&P 500 Growth Futures (SGM0) 199710209690 /
189730
185730173740159760
S&P 500 Growth Futures (SGU0) 199190209170 /
189210
185210173220159240
S&P 500 Value Futures (SUM0) 108090113500 /
102680
1005209402086450
S&P 500 Value Futures (SUU0) 107290112700 /
101880
997209322085650
S&P MLP Total Return Index Futures (SLPM0) 308700324100 /
293300
287100268600246900
S&P MLP Total Return Index Futures (SLPU0) 308400323800 /
293000
286800268300246600
S&P MLP Total Return Index Futures (SLPZ0) 308200323600 /
292800
286600268100246400
S&P MLP Total Return Index Futures (SLPH1) 308000323400 /
292600
286400267900246200
S&P MLP Total Return Index Futures (SLPM1) 307700323100 /
292300
286100267600245900
As of Trade Date: 05/29/2020

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) 2190023240 / 2056023910 / 1989024580 / 19220
E-mini Nikkei 225 - Yen denominated Futures (ENYU0) 2184023180 / 2050023850 / 1983024520 / 19160
E-mini Nikkei 225 - Yen denominated Futures (ENYZ0) 2168023020 / 2034023690 / 1967024360 / 19000
E-mini Nikkei 225 - Yen denominated Futures (ENYH1) 2158022920 / 2024023590 / 1957024260 / 18900
Nikkei/USD Futures (NKM0) 2190023240 / 2056023910 / 1989024580 / 19220
Nikkei/USD Futures (NKU0) 2184023180 / 2050023850 / 1983024520 / 19160
Nikkei/USD Futures (NKZ0) 2168023020 / 2034023690 / 1967024360 / 19000
Nikkei/USD Futures (NKH1) 2158022920 / 2024023590 / 1957024260 / 18900
Nikkei/USD Futures (NKM1) 2147022810 / 2013023480 / 1946024150 / 18790
Nikkei/USD Futures (NKU1) 2136022700 / 2002023370 / 1935024040 / 18680
Nikkei/USD Futures (NKZ1) 2126022600 / 1992023270 / 1925023940 / 18580
Nikkei/USD Futures (NKH2) 2115022490 / 1981023160 / 1914023830 / 18470
Nikkei/USD Futures (NKM2) 2105022390 / 1971023060 / 1904023730 / 18370
Nikkei/USD Futures (NKU2) 2094022280 / 1960022950 / 1893023620 / 18260
Nikkei/USD Futures (NKZ2) 2084022180 / 1950022850 / 1883023520 / 18160
Nikkei/USD Futures (NKH3) 2073022070 / 1939022740 / 1872023410 / 18050
Nikkei/USD Futures (NKZ3) 2042021760 / 1908022430 / 1841023100 / 17740
Nikkei/USD Futures (NKZ4) 1998021320 / 1864021990 / 1797022660 / 17300
Nikkei/USD Futures (NKZ5) 1956020900 / 1822021570 / 1755022240 / 16880
Nikkei/Yen Futures (NIYM0) 2190023240 / 2056023910 / 1989024580 / 19220
Nikkei/Yen Futures (NIYN0) 2186023200 / 2052023870 / 1985024540 / 19180
Nikkei/Yen Futures (NIYQ0) 2182023160 / 2048023830 / 1981024500 / 19140
Nikkei/Yen Futures (NIYU0) 2184023180 / 2050023850 / 1983024520 / 19160
Nikkei/Yen Futures (NIYV0) 2175023090 / 2041023760 / 1974024430 / 19070
Nikkei/Yen Futures (NIYZ0) 2168023020 / 2034023690 / 1967024360 / 19000
Nikkei/Yen Futures (NIYH1) 2158022920 / 2024023590 / 1957024260 / 18900
Nikkei/Yen Futures (NIYM1) 2147022810 / 2013023480 / 1946024150 / 18790
Nikkei/Yen Futures (NIYU1) 2136022700 / 2002023370 / 1935024040 / 18680
Nikkei/Yen Futures (NIYZ1) 2126022600 / 1992023270 / 1925023940 / 18580
Nikkei/Yen Futures (NIYH2) 2115022490 / 1981023160 / 1914023830 / 18470
Nikkei/Yen Futures (NIYM2) 2105022390 / 1971023060 / 1904023730 / 18370
Nikkei/Yen Futures (NIYU2) 2094022280 / 1960022950 / 1893023620 / 18260
Nikkei/Yen Futures (NIYZ2) 2084022180 / 1950022850 / 1883023520 / 18160
Nikkei/Yen Futures (NIYH3) 2073022070 / 1939022740 / 1872023410 / 18050
Nikkei/Yen Futures (NIYZ3) 2042021760 / 1908022430 / 1841023100 / 17740
Nikkei/Yen Futures (NIYZ4) 1998021320 / 1864021990 / 1797022660 / 17300
Nikkei/Yen Futures (NIYZ5) 1956020900 / 1822021570 / 1755022240 / 16880
Yen Denominated TOPIX Futures (TPYM0) 157800167400 / 148200172200 / 143400177000 / 138600
Yen Denominated TOPIX Futures (TPYU0) 155650165250 / 146050170050 / 141250174850 / 136450
Yen Denominated TOPIX Futures (TPYZ0) 153900163500 / 144300168300 / 139500173100 / 134700
Yen Denominated TOPIX Futures (TPYH1) 152150161750 / 142550166550 / 137750171350 / 132950
Yen Denominated TOPIX Futures (TPYM1) 150350159950 / 140750164750 / 135950169550 / 131150
As of Trade Date: 05/29/2020

Equity Limits for FTSE and Ibovespa

ContractsReference Price5% Price Limit up and down
E-mini FTSE 100 Index (GBP) Futures (FT1M0) 620950652000 /
589900
E-mini FTSE 100 Index (GBP) Futures (FT1U0) 615350646400 /
584300
E-mini FTSE 100 Index (GBP) Futures (FT1Z0) 609750640800 /
578700
E-mini FTSE 100 Index (GBP) Futures (FT1H1) 604150635200 /
573100
E-mini FTSE 100 Index (GBP) Futures (FT1M1) 598550629600 /
567500
E-mini FTSE China 50 Index Futures (FT5M0) 1723518095 /
16375
E-mini FTSE China 50 Index Futures (FT5U0) 1729518155 /
16435
E-mini FTSE China 50 Index Futures (FT5Z0) 1735518215 /
16495
E-mini FTSE China 50 Index Futures (FT5H1) 1741018270 /
16550
E-mini FTSE China 50 Index Futures (FT5M1) 1747018330 /
16610
E-mini FTSE Developed Europe Index Futures (DVEM0) 2286524010 /
21720
E-mini FTSE Developed Europe Index Futures (DVEU0) 2259523740 /
21450
E-mini FTSE Developed Europe Index Futures (DVEZ0) 2232523470 /
21180
E-mini FTSE Developed Europe Index Futures (DVEH1) 2205523200 /
20910
E-mini FTSE Developed Europe Index Futures (DVEM1) 2178522930 /
20640
E-mini USD Denominated FTSE 100 Index Futures (FTUM0) 8300087140 /
78860
E-mini USD Denominated FTSE 100 Index Futures (FTUU0) 8322087360 /
79080
E-mini USD Denominated FTSE 100 Index Futures (FTUZ0) 8344087580 /
79300
E-mini USD Denominated FTSE 100 Index Futures (FTUH1) 8366087800 /
79520
E-mini USD Denominated FTSE 100 Index Futures (FTUM1) 8388088020 /
79740
USD-Denominated Ibovespa Index Futures (IBVM0) 8798296780 /
79185
USD-Denominated Ibovespa Index Futures (IBVQ0) 8820797025 /
79390
USD-Denominated Ibovespa Index Futures (IBVV0) 8843797280 /
79595
USD-Denominated Ibovespa Index Futures (IBVZ0) 8868697550 /
79820
As of Trade Date: 05/29/2020

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: https://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.