The Comex removed price limits on contracts.
The Commodity Exchange in New York said it removed the daily price limits on all its futures contracts for the two months following the spot, or current, contract. In the past, only the spot contract traded without the 50-cent limit on daily price moves. The changes, effective Tuesday, were permanent and should help alleviate the backup in paper work that forced the exchange to close about two hours early Monday and Tuesday, officials said.
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