The price limit of futures is generally 3%, 4% and 5%.
1. The futures daily limit system means that the transaction price of a futures contract in a trading day cannot be higher or lower than a certain fluctuation range based on the settlement price of the contract in the previous trading day, and the quotation beyond this range will be regarded as invalid and cannot be traded.
2. The characteristic of the price limit system implemented in China is "non-stop", that is, after the stock price or futures contract price reaches the price limit, trading is not restricted, and trading within the price limit can still be carried out.