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 Tuesday, May 26, 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) 295100309850 /
280350
274450256700236000
E-mini S&P 500 ESG Index Futures (ESGM0) 2518026440 /
23920
234162190420140
E-mini S&P 500 Futures (ESU0) 294200308950 /
279450
273550255800235100
E-mini S&P 500 ESG Index Futures (ESGU0) 2522826488 /
23968
234642195220188
E-mini S&P 500 Futures (ESZ0) 293650308400 /
278900
273000255250234550
E-mini S&P 500 ESG Index Futures (ESGZ0) 2524426504 /
23984
234802196820204
E-mini S&P 500 Futures (ESH1) 292950307700 /
278200
272300254550233850
E-mini S&P 500 ESG Index Futures (ESGH1) 2525826518 /
23998
234942198220218
E-mini S&P 500 Futures (ESM1) 292100306850 /
277350
271450253700233000
E-mini S&P 500 ESG Index Futures (ESGM1) 2527426534 /
24014
235102199820234
E-mini Nasdaq-100 Futures (NQM0) 941000988050 /
893950
875125818625752725
E-mini Nasdaq-100 Futures (NQU0) 939525986575 /
892475
873650817150751250
E-mini Nasdaq-100 Futures (NQZ0) 940050987100 /
893000
874175817675751775
E-mini Nasdaq-100 Futures (NQH1) 939350986400 /
892300
873475816975751075
E-mini Nasdaq-100 Futures (NQM1) 938650985700 /
891600
872775816275750375
E-mini Dow ($5) Futures (YMM0) 2442325646 /
23200
227112124319530
E-mini Dow ($5) Futures (YMU0) 2431425537 /
23091
226022113419421
E-mini Dow ($5) Futures (YMZ0) 2422825451 /
23005
225162104819335
E-mini Dow ($5) Futures (YMH1) 2411825341 /
22895
224062093819225
Dow Jones Real Estate Futures (JRM0) 28943039 /
2749
269125172314
Dow Jones Real Estate Futures (JRU0) 28823027 /
2737
267925052302
Dow Jones Real Estate Futures (JRZ0) 28673012 /
2722
266424902287
Dow Jones Real Estate Futures (JRH1) 28532998 /
2708
265024762273
E-mini Communication Services Select Sector Futures (XAZM0) 2809029495 /
26685
261252444022470
E-mini Communication Services Select Sector Futures (XAZU0) 2822529630 /
26820
262602457522605
E-mini Communication Services Select Sector Futures (XAZZ0) 2832029725 /
26915
263552467022700
E-mini Communication Services Select Sector Futures (XAZH1) 2841529820 /
27010
264502476522795
E-mini Communication Services Select Sector Futures (XAZM1) 2851029915 /
27105
265452486022890
E-mini Consumer Discretionary Select Sector Futures (XAYM0) 122270128390 /
116150
11370010636097790
E-mini Consumer Discretionary Select Sector Futures (XAYU0) 122700128820 /
116580
11413010679098220
E-mini Consumer Discretionary Select Sector Futures (XAYZ0) 122880129000 /
116760
11431010697098400
E-mini Consumer Discretionary Select Sector Futures (XAYH1) 123060129180 /
116940
11449010715098580
E-mini Consumer Discretionary Select Sector Futures (XAYM1) 123230129350 /
117110
11466010732098750
E-mini Consumer Staples Select Sector Futures (XAPM0) 5749060370 /
54610
534604999045950
E-mini Consumer Staples Select Sector Futures (XAPU0) 5762060500 /
54740
535905012046080
E-mini Consumer Staples Select Sector Futures (XAPZ0) 5753060410 /
54650
535005003045990
E-mini Consumer Staples Select Sector Futures (XAPH1) 5744060320 /
54560
534104994045900
E-mini Consumer Staples Select Sector Futures (XAPM1) 5735060230 /
54470
533204985045810
E-mini Energy Select Sector Futures (XAEM0) 3980041790 /
37810
370203463031840
E-mini Energy Select Sector Futures (XAEU0) 3982041810 /
37830
370403465031860
E-mini Energy Select Sector Futures (XAEZ0) 3979041780 /
37800
370103462031830
E-mini Energy Select Sector Futures (XAEH1) 3976041750 /
37770
369803459031800
E-mini Energy Select Sector Futures (XAEM1) 3973041720 /
37740
369503456031770
E-mini Financial Select Sector Futures (XAFM0) 2687028210 /
25530
249902337021480
E-mini Financial Select Sector Futures (XAFU0) 2702028360 /
25680
251402352021630
E-mini Financial Select Sector Futures (XAFZ0) 2708028420 /
25740
252002358021690
E-mini Financial Select Sector Futures (XAFH1) 2714028480 /
25800
252602364021750
E-mini Financial Select Sector Futures (XAFM1) 2720028540 /
25860
253202370021810
E-mini FTSE Emerging Index Futures (EIM0) 4535047620 /
43080
421803945036270
E-mini FTSE Emerging Index Futures (EIU0) 4518047450 /
42910
420103928036100
E-mini FTSE Emerging Index Futures (EIZ0) 4488047150 /
42610
417103898035800
E-mini FTSE Emerging Index Futures (EIH1) 4457046840 /
42300
414003867035490
E-mini FTSE Emerging Index Futures (EIM1) 4426046530 /
41990
410903836035180
E-mini Health Care Select Sector Futures (XAVM0) 100400105420 /
95380
933708735080310
E-mini Health Care Select Sector Futures (XAVU0) 100470105490 /
95450
934408742080380
E-mini Health Care Select Sector Futures (XAVZ0) 100450105470 /
95430
934208740080360
E-mini Health Care Select Sector Futures (XAVH1) 100440105460 /
95420
934108739080350
E-mini Health Care Select Sector Futures (XAVM1) 100430105450 /
95410
934008738080340
E-mini Industrial Select Sector Futures (XAIM0) 6399067190 /
60790
595105566051180
E-mini Industrial Select Sector Futures (XAIU0) 6424067440 /
61040
597605591051430
E-mini Industrial Select Sector Futures (XAIZ0) 6435067550 /
61150
598705602051540
E-mini Industrial Select Sector Futures (XAIH1) 6446067660 /
61260
599805613051650
E-mini Industrial Select Sector Futures (XAIM1) 6458067780 /
61380
601005625051770
E-mini IPOX 100 U.S. Index Futures (IPOM0) 349400366800 /
332000
325000304000279600
E-mini IPOX 100 U.S. Index Futures (IPOU0) 349300366700 /
331900
324900303900279500
E-mini IPOX 100 U.S. Index Futures (IPOZ0) 349200366600 /
331800
324800303800279400
E-mini IPOX 100 U.S. Index Futures (IPOH1) 349100366500 /
331700
324700303700279300
E-mini IPOX 100 U.S. Index Futures (IPOM1) 349000366400 /
331600
324600303600279200
E-mini Materials Select Sector Futures (XABM0) 5580058590 /
53010
518904853044610
E-mini Materials Select Sector Futures (XABU0) 5603058820 /
53240
521204876044840
E-mini Materials Select Sector Futures (XABZ0) 5606058850 /
53270
521504879044870
E-mini Materials Select Sector Futures (XABH1) 5608058870 /
53290
521704881044890
E-mini Materials Select Sector Futures (XABM1) 5610058890 /
53310
521904883044910
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM0) 418670439620 /
397720
389340364200334870
E-mini Nasdaq-100 Biotechnology Index Futures (BIOU0) 422480443430 /
401530
393150368010338680
E-mini Nasdaq-100 Biotechnology Index Futures (BIOZ0) 425050446000 /
404100
395720370580341250
E-mini Nasdaq-100 Biotechnology Index Futures (BIOH1) 427620448570 /
406670
398290373150343820
E-mini Nasdaq-100 Biotechnology Index Futures (BIOM1) 430190451140 /
409240
400860375720346390
E-mini Nasdaq Composite Futures (QCNM0) 932250978850 /
885650
867000811050745800
E-mini Nasdaq Composite Futures (QCNU0) 930900977500 /
884300
865650809700744450
E-mini Real Estate Select Sector Futures (XARM0) 1577016560 /
14980
146651371512605
E-mini Real Estate Select Sector Futures (XARU0) 1573516525 /
14945
146301368012570
E-mini Real Estate Select Sector Futures (XARZ0) 1566516455 /
14875
145601361012500
E-mini Real Estate Select Sector Futures (XARH1) 1559516385 /
14805
144901354012430
E-mini Real Estate Select Sector Futures (XARM1) 1552016310 /
14730
144151346512355
E-mini Russell 1000 Growth Index Futures (RSGM0) 181430190500 /
172360
168730157840145130
E-mini Russell 1000 Growth Index Futures (RSGU0) 180920189990 /
171850
168220157330144620
E-mini Russell 1000 Growth Index Futures (RSGZ0) 180430189500 /
171360
167730156840144130
E-mini Russell 1000 Growth Index Futures (RSGH1) 179930189000 /
170860
167230156340143630
E-mini Russell 1000 Growth Index Futures (RSGM1) 179430188500 /
170360
166730155840143130
E-mini Russell 1000 Index Futures (RS1M0) 163020171180 /
154860
151600141800130380
E-mini Russell 1000 Index Futures (RS1U0) 162530170690 /
154370
151110141310129890
E-mini Russell 1000 Index Futures (RS1Z0) 161940170100 /
153780
150520140720129300
E-mini Russell 1000 Index Futures (RS1H1) 161350169510 /
153190
149930140130128710
E-mini Russell 1000 Index Futures (RS1M1) 160760168920 /
152600
149340139540128120
E-mini Russell 1000 Value Index Futures (RSVM0) 107330112700 /
101960
998109335085830
E-mini Russell 1000 Value Index Futures (RSVU0) 106950112320 /
101580
994309297085450
E-mini Russell 1000 Value Index Futures (RSVZ0) 106470111840 /
101100
989509249084970
E-mini Russell 1000 Value Index Futures (RSVH1) 105980111350 /
100610
984609200084480
E-mini Russell 1000 Value Index Futures (RSVM1) 105500110870 /
100130
979809152084000
E-mini Russell 2000 Growth Index Futures (R2GM0) 99530104500 /
94560
925808661079650
E-mini Russell 2000 Growth Index Futures (R2GU0) 99820104790 /
94850
928708690079940
E-mini Russell 2000 Growth Index Futures (R2GZ0) 100110105080 /
95140
931608719080230
E-mini Russell 2000 Growth Index Futures (R2GH1) 100400105370 /
95430
934508748080520
E-mini Russell 2000 Growth Index Futures (R2GM1) 100690105660 /
95720
937408777080810
E-mini Russell 2000 Index Futures (RTYM0) 135360142130 /
128590
125880117740108250
E-mini Russell 2000 Index Futures (RTYU0) 135090141860 /
128320
125610117470107980
E-mini Russell 2000 Index Futures (RTYZ0) 134830141600 /
128060
125350117210107720
E-mini Russell 2000 Index Futures (RTYH1) 134510141280 /
127740
125030116890107400
E-mini Russell 2000 Index Futures (RTYM1) 134190140960 /
127420
124710116570107080
E-mini Russell 2000 Value Index Futures (R2VM0) 136180142980 /
129380
126660118490108970
E-mini Russell 2000 Value Index Futures (R2VU0) 136440143240 /
129640
126920118750109230
E-mini Russell 2000 Value Index Futures (R2VZ0) 136700143500 /
129900
127180119010109490
E-mini Russell 2000 Value Index Futures (R2VH1) 136960143760 /
130160
127440119270109750
E-mini Russell 2000 Value Index Futures (R2VM1) 137220144020 /
130420
127700119530110010
E-mini S&P 600 SmallCap Futures (SMCM0) 7756081430 /
73690
721406749062060
E-mini S&P 600 SmallCap Futures (SMCU0) 7761081480 /
73740
721906754062110
E-mini S&P 600 SmallCap Futures (SMCZ0) 7766081530 /
73790
722406759062160
E-mini S&P 600 SmallCap Futures (SMCH1) 7771081580 /
73840
722906764062210
E-mini S&P 600 SmallCap Futures (SMCM1) 7776081630 /
73890
723406769062260
E-mini S&P MidCap 400 Futures (EMDM0) 169300177770 /
160830
157440147270135400
E-mini S&P MidCap 400 Futures (EMDU0) 169040177510 /
160570
157180147010135140
E-mini S&P MidCap 400 Futures (EMDZ0) 170360178830 /
161890
158500148330136460
E-mini S&P MidCap 400 Futures (EMDH1) 170690179160 /
162220
158830148660136790
E-mini S&P MidCap 400 Futures (EMDM1) 171020179490 /
162550
159160148990137120
E-mini Technology Select Sector Futures (XAKM0) 96990101840 /
92140
902008438077590
E-mini Technology Select Sector Futures (XAKU0) 97330102180 /
92480
905408472077930
E-mini Technology Select Sector Futures (XAKZ0) 97520102370 /
92670
907308491078120
E-mini Technology Select Sector Futures (XAKH1) 97710102560 /
92860
909208510078310
E-mini Technology Select Sector Futures (XAKM1) 97910102760 /
93060
911208530078510
E-mini Utilities Select Sector Futures (XAUM0) 5678059620 /
53940
528004938045390
E-mini Utilities Select Sector Futures (XAUU0) 5673059570 /
53890
527504933045340
E-mini Utilities Select Sector Futures (XAUZ0) 5654059380 /
53700
525604914045150
E-mini Utilities Select Sector Futures (XAUH1) 5636059200 /
53520
523804896044970
E-mini Utilities Select Sector Futures (XAUM1) 5617059010 /
53330
521904877044780
Micro E-mini Dow Jones Industrial Average Index Futures (MYMM0) 2442325646 /
23200
227112124319530
Micro E-mini Dow Jones Industrial Average Index Futures (MYMU0) 2431425537 /
23091
226022113419421
Micro E-mini Dow Jones Industrial Average Index Futures (MYMZ0) 2422825451 /
23005
225162104819335
Micro E-mini Dow Jones Industrial Average Index Futures (MYMH1) 2411825341 /
22895
224062093819225
Micro E-mini Nasdaq-100 Index Futures (MNQM0) 941000988050 /
893950
875125818625752725
Micro E-mini Nasdaq-100 Index Futures (MNQU0) 939525986575 /
892475
873650817150751250
Micro E-mini Nasdaq-100 Index Futures (MNQZ0) 940050987100 /
893000
874175817675751775
Micro E-mini Nasdaq-100 Index Futures (MNQH1) 939350986400 /
892300
873475816975751075
Micro E-mini Nasdaq-100 Index Futures (MNQM1) 938650985700 /
891600
872775816275750375
Micro E-mini Russell 2000 Index Futures (M2KM0) 135360142130 /
128590
125880117740108250
Micro E-mini Russell 2000 Index Futures (M2KU0) 135090141860 /
128320
125610117470107980
Micro E-mini Russell 2000 Index Futures (M2KZ0) 134830141600 /
128060
125350117210107720
Micro E-mini Russell 2000 Index Futures (M2KH1) 134510141280 /
127740
125030116890107400
Micro E-mini Russell 2000 Index Futures (M2KM1) 134190140960 /
127420
124710116570107080
Micro E-mini S&P 500 Index Futures (MESM0) 295100309850 /
280350
274450256700236000
Micro E-mini S&P 500 Index Futures (MESU0) 294200308950 /
279450
273550255800235100
Micro E-mini S&P 500 Index Futures (MESZ0) 293650308400 /
278900
273000255250234550
Micro E-mini S&P 500 Index Futures (MESH1) 292950307700 /
278200
272300254550233850
Micro E-mini S&P 500 Index Futures (MESM1) 292100306850 /
277350
271450253700233000
S&P 500 Futures (SPM0) 295100309850 /
280350
274450256700236000
S&P 500 Futures (SPU0) 294200308950 /
279450
273550255800235100
S&P 500 Futures (SPZ0) 293650308400 /
278900
273000255250234550
S&P 500 Futures (SPH1) 292950307700 /
278200
272300254550233850
S&P 500 Futures (SPM1) 292100306850 /
277350
271450253700233000
S&P 500 Futures (SPU1) 291300306050 /
276550
270650252900232200
S&P 500 Futures (SPZ1) 290500305250 /
275750
269850252100231400
S&P 500 Futures (SPH2) 289700304450 /
274950
269050251300230600
S&P 500 Futures (SPZ2) 287250302000 /
272500
266600248850228150
S&P 500 Futures (SPZ3) 284000298750 /
269250
263350245600224900
S&P 500 Futures (SPZ4) 280700295450 /
265950
260050242300221600
S&P 500 Growth Futures (SGM0) 197320207190 /
187450
183510171660157840
S&P 500 Growth Futures (SGU0) 196810206680 /
186940
183000171150157330
S&P 500 Value Futures (SUM0) 103510108690 /
98330
962609003082770
S&P 500 Value Futures (SUU0) 102750107930 /
97570
955008927082010
S&P MLP Total Return Index Futures (SLPM0) 302900318000 /
287800
281700263500242300
S&P MLP Total Return Index Futures (SLPU0) 302600317700 /
287500
281400263200242000
S&P MLP Total Return Index Futures (SLPZ0) 302400317500 /
287300
281200263000241800
S&P MLP Total Return Index Futures (SLPH1) 302200317300 /
287100
281000262800241600
S&P MLP Total Return Index Futures (SLPM1) 301900317000 /
286800
280700262500241300
As of Trade Date: 05/26/2020

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) 2072022060 / 1938022730 / 1871023400 / 18040
E-mini Nikkei 225 - Yen denominated Futures (ENYU0) 2065021990 / 1931022660 / 1864023330 / 17970
E-mini Nikkei 225 - Yen denominated Futures (ENYZ0) 2050021840 / 1916022510 / 1849023180 / 17820
E-mini Nikkei 225 - Yen denominated Futures (ENYH1) 2040021740 / 1906022410 / 1839023080 / 17720
Nikkei/USD Futures (NKM0) 2072022060 / 1938022730 / 1871023400 / 18040
Nikkei/USD Futures (NKU0) 2065021990 / 1931022660 / 1864023330 / 17970
Nikkei/USD Futures (NKZ0) 2050021840 / 1916022510 / 1849023180 / 17820
Nikkei/USD Futures (NKH1) 2040021740 / 1906022410 / 1839023080 / 17720
Nikkei/USD Futures (NKM1) 2030021640 / 1896022310 / 1829022980 / 17620
Nikkei/USD Futures (NKU1) 2021021550 / 1887022220 / 1820022890 / 17530
Nikkei/USD Futures (NKZ1) 2011021450 / 1877022120 / 1810022790 / 17430
Nikkei/USD Futures (NKH2) 2001021350 / 1867022020 / 1800022690 / 17330
Nikkei/USD Futures (NKM2) 1991021250 / 1857021920 / 1790022590 / 17230
Nikkei/USD Futures (NKU2) 1981021150 / 1847021820 / 1780022490 / 17130
Nikkei/USD Futures (NKZ2) 1971021050 / 1837021720 / 1770022390 / 17030
Nikkei/USD Futures (NKH3) 1961020950 / 1827021620 / 1760022290 / 16930
Nikkei/USD Futures (NKZ3) 1932020660 / 1798021330 / 1731022000 / 16640
Nikkei/USD Futures (NKZ4) 1891020250 / 1757020920 / 1690021590 / 16230
Nikkei/USD Futures (NKZ5) 1852019860 / 1718020530 / 1651021200 / 15840
Nikkei/Yen Futures (NIYM0) 2072022060 / 1938022730 / 1871023400 / 18040
Nikkei/Yen Futures (NIYN0) 2067022010 / 1933022680 / 1866023350 / 17990
Nikkei/Yen Futures (NIYQ0) 2063021970 / 1929022640 / 1862023310 / 17950
Nikkei/Yen Futures (NIYU0) 2065021990 / 1931022660 / 1864023330 / 17970
Nikkei/Yen Futures (NIYV0) 2057021910 / 1923022580 / 1856023250 / 17890
Nikkei/Yen Futures (NIYZ0) 2050021840 / 1916022510 / 1849023180 / 17820
Nikkei/Yen Futures (NIYH1) 2040021740 / 1906022410 / 1839023080 / 17720
Nikkei/Yen Futures (NIYM1) 2030021640 / 1896022310 / 1829022980 / 17620
Nikkei/Yen Futures (NIYU1) 2021021550 / 1887022220 / 1820022890 / 17530
Nikkei/Yen Futures (NIYZ1) 2011021450 / 1877022120 / 1810022790 / 17430
Nikkei/Yen Futures (NIYH2) 2001021350 / 1867022020 / 1800022690 / 17330
Nikkei/Yen Futures (NIYM2) 1991021250 / 1857021920 / 1790022590 / 17230
Nikkei/Yen Futures (NIYU2) 1981021150 / 1847021820 / 1780022490 / 17130
Nikkei/Yen Futures (NIYZ2) 1971021050 / 1837021720 / 1770022390 / 17030
Nikkei/Yen Futures (NIYH3) 1961020950 / 1827021620 / 1760022290 / 16930
Nikkei/Yen Futures (NIYZ3) 1932020660 / 1798021330 / 1731022000 / 16640
Nikkei/Yen Futures (NIYZ4) 1891020250 / 1757020920 / 1690021590 / 16230
Nikkei/Yen Futures (NIYZ5) 1852019860 / 1718020530 / 1651021200 / 15840
Yen Denominated TOPIX Futures (TPYM0) 150100159700 / 140500164500 / 135700169300 / 130900
Yen Denominated TOPIX Futures (TPYU0) 148100157700 / 138500162500 / 133700167300 / 128900
Yen Denominated TOPIX Futures (TPYZ0) 146450156050 / 136850160850 / 132050165650 / 127250
Yen Denominated TOPIX Futures (TPYH1) 144750154350 / 135150159150 / 130350163950 / 125550
Yen Denominated TOPIX Futures (TPYM1) 143100152700 / 133500157500 / 128700162300 / 123900
As of Trade Date: 05/26/2020

Equity Limits for FTSE and Ibovespa

ContractsReference Price5% Price Limit up and down
E-mini FTSE 100 Index (GBP) Futures (FT1M0) 598200628150 /
568250
E-mini FTSE 100 Index (GBP) Futures (FT1U0) 592800622750 /
562850
E-mini FTSE 100 Index (GBP) Futures (FT1Z0) 587400617350 /
557450
E-mini FTSE 100 Index (GBP) Futures (FT1H1) 582000611950 /
552050
E-mini FTSE 100 Index (GBP) Futures (FT1M1) 576600606550 /
546650
E-mini FTSE China 50 Index Futures (FT5M0) 1696017805 /
16115
E-mini FTSE China 50 Index Futures (FT5U0) 1702017865 /
16175
E-mini FTSE China 50 Index Futures (FT5Z0) 1707517920 /
16230
E-mini FTSE China 50 Index Futures (FT5H1) 1713517980 /
16290
E-mini FTSE China 50 Index Futures (FT5M1) 1719018035 /
16345
E-mini FTSE Developed Europe Index Futures (DVEM0) 2216023270 /
21050
E-mini FTSE Developed Europe Index Futures (DVEU0) 2190523015 /
20795
E-mini FTSE Developed Europe Index Futures (DVEZ0) 2164522755 /
20535
E-mini FTSE Developed Europe Index Futures (DVEH1) 2138522495 /
20275
E-mini FTSE Developed Europe Index Futures (DVEM1) 2112522235 /
20015
E-mini USD Denominated FTSE 100 Index Futures (FTUM0) 7917083120 /
75220
E-mini USD Denominated FTSE 100 Index Futures (FTUU0) 7938083330 /
75430
E-mini USD Denominated FTSE 100 Index Futures (FTUZ0) 7959083540 /
75640
E-mini USD Denominated FTSE 100 Index Futures (FTUH1) 7980083750 /
75850
E-mini USD Denominated FTSE 100 Index Futures (FTUM1) 8001083960 /
76060
USD-Denominated Ibovespa Index Futures (IBVM0) 8243690675 /
74195
USD-Denominated Ibovespa Index Futures (IBVQ0) 8256690820 /
74310
USD-Denominated Ibovespa Index Futures (IBVV0) 8270790975 /
74440
USD-Denominated Ibovespa Index Futures (IBVZ0) 8286891150 /
74585
As of Trade Date: 05/26/2020

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.