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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 priceRange up and down
Under 100 X120 X
Under 200 X200 X
Under 500 X320 X
Under 700 X400 X
Under 1,000 X600 X
Under 1,500 X1,200 X
50,000,000 X or more40,000,000 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.