HSX Forum

Playing & Trading Strategy

Upper and lower limit refers to the maximum a contract's price can move in one day.

Posted by: HSX Support (a.k.a futurefilm) on Jul 21, 18:29 in response to RazorHawk's post what is upper limit and lower limits that Melanie keeps...

On Cantor Exchange, there are daily price limits. A film contract's price can shift 10% in either direction (up or down) in one day. The limit high price is the maximum price it can hit during that day, and the limit low price is the lowest price. So, if you see "BRUNO has again reached its lower limit, down $8 to $71 on CX", that means the contract has gone down 10% from its starting price for that day. The limit resets each day. The 10% limit prevents wide swings in a contract's price.   

Real Money HSX cd99 Jul 20, 04:33

does it matter with real money {nm} arun750 Dec 18, 20:09

**** wow that article is a MUST READ for all players: discusses why the change was made, and how they intend to keep moving forward. islander Jul 20, 09:22

Are there enough people who play badly for HSX to make money off their losses? angusmctrader Jul 20, 10:12

Heh read the boards...yeah, there are. But, I just have the feeling that the structure of Cantor won't allow for "easy money" without a lot Catzan Jul 20, 10:31

If you think HSX IPO prices are high, there won't be discounted IPO pricing on Cantor. No artifical halt and adjust either. {nm} Antibody Jul 20, 12:11

DMac...can you share at all any info on how a movie stock will earn $$..buy low, sell high? Will there be any type of adjusts, etc?? {nm} Flash Jul 20, 16:20

All the info should be on Cantor, there are no secrets. {nm} Antibody Jul 20, 16:32

My experience with The Cantor Exchange... RazorHawk Jul 21, 08:04

Sorry to hear that. They've accepted hundreds of beta testers, I guess I took my access for granted. {nm} Antibody Jul 21, 10:17

OK, I just didn't know if YOU could share any basic info on it, etc....thanks. {nm} Flash Jul 21, 08:29

Sounded like you were asking for 'tips'. Movies on CE are priced the same as HSX, 4 wide weekends of box office. {nm} Antibody Jul 21, 10:14

what is upper limit and lower limits that Melanie keeps talking about? {nm} RazorHawk Jul 21, 12:24

Upper and lower limit refers to the maximum a contract's price can move in one day. HSX Support Jul 21, 18:29

No...was just looking for more basic info on how stocks would be priced, movement features, adjusts, etc. Flash Jul 22, 12:53

There will be no adjusts. futurefilm Jul 20, 16:35

has anyone tried cantor with any resutls? {nm} fuluck86 Jul 23, 13:26

Don't forget the commissions! cd99 Jul 20, 14:45

there wasn't eough liquidity for me to continue trading sneak Jul 26, 12:38

As a trader, I vehemently disagree with his assessment that the new drop-down trading box is an "improvement". IMO, it sucks. grory Jul 20, 11:49

I agree about the new trade box. Sucks. As for the speed, though, it's now good for me. But I'm a Firefix user, and some have said that make angusmctrader Jul 21, 06:51

Awww...I wanted to know his secrets! No one wants to give their secrets away...sheesh... Catzan Jul 20, 10:34

aww cat stop pretending that you're not Alex :D {nm} tealfan Jul 20, 11:58

I've toyed around a bit with the beta, and it's vastly different {nm} Chefbobcat Jul 20, 11:52

Had received an email inviting me.. Thought it was a scam so deleted it.. do not trust these sure way of making $$ {nm} Sabarth Jul 21, 10:23

Outside of working at a mint, there is no sure way of making money ; ) {nm} One Dutch Man Jul 25, 06:34

Outside of working at a mint, there is no sure way of making money ; ) {nm} One Dutch Man Jul 25, 06:34





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