What is Circuit Filter?
Circuit Filter (DPR): The Exchange notifies a daily circuit filter limit for futures Contract in terms of percentage of intra day variation allowed in a day with respect to the close price of previous day. Circuit filter provides the maximum range within which a contract can be traded during a day. Such circuit filter is different for different commodities. The orders, which are in violation of such circuit filter, are rejected by the system.
Related Questions
- Does it matter whether the breathing circuit filter is placed between the patient and the QED-100, or the QED-100 and the breathing circuit "Y" connector?
- Should a filter be placed on the inspiratory circuit of a ventilated SARS patient?
- What is a low pass filter, what does it do in an electrical circuit?
