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

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

    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) 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

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

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

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.