Speculative Position Limit

What is Speculative Position Limit?

Speculative Position Limit meaning The maximum position, either net long or net short, in one commodity future (or option) or in all futures (or options) of one commodity combined that may be held or controlled by one person (other than a person eligible for a hedge exemption) as prescribed by an exchange and/or by the CFTC.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary