First Notice Day
This day varies by contract and exchange rules.
Investment dictionary. Academic. 2012.
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first notice day — According to Chicago Board of Trade rules, the first day on which a notice of intent to deliver a commodity in fulfillment of a given month s futures contract can be made by the clearinghouse to a buyer. The clearinghouse also informs the sellers … Financial and business terms
First notice day — The first day, varying by contracts and exchanges, on which notices of intent to deliver actual financial instruments or physical commodities against futures are authorized. The New York Times Financial Glossary * * * The first date on which… … Financial and business terms
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