2. The implementation of the price limit system can effectively slow down and restrain the impact of unexpected events and excessive speculation on futures prices, stabilize the market within a certain period of time, fully resolve the impact of these factors on the market, prevent the price from skyrocketing and plunging, and maintain the normal market order.
3. The price limit system makes the futures price run on a more rational track and makes the futures market play a better role in price discovery.
4. When there are abnormal phenomena such as excessive speculation and market manipulation, adjusting the range of price limit often becomes an important means for the exchange to control risks.