Limit up and limit down
There are upper and lower limits on how far a share price can move in a day (the daily price limit). The upper limit is limit up, and the lower limit is limit down.
Good to know
- A day runs from 0:00 to 24:00 Japan time.
- The range is based on the last price up to the previous day (the base price). On the listing day, the offering price is the base price.
- You can't place orders at prices outside the range. Limit down never goes below 1 X.
- Orders placed on an earlier day that are now outside the range are filled at the edge of the range. For example, a buy order above limit up buys at the limit-up price.
- The base price, the range, and limit up and limit down are shown on the order book, in the share price list, and in “Today”.
Example ranges
| Base price | Range up and down |
|---|---|
| Under 100 X | 120 X |
| Under 200 X | 200 X |
| Under 500 X | 320 X |
| Under 700 X | 400 X |
| Under 1,000 X | 600 X |
| Under 1,500 X | 1,200 X |
| 50,000,000 X or more | 40,000,000 X |
For prices in between that are not in the table, you can check the range on the order book or in the share price list.