first notice day
Definition
In futures trading, the first day of a delivery month on which notices can be issued by the sellers to the clearing house and by the clearing house to the buyers indicating that the sellers intend to deliver (the financial instruments or physical commodities) in fulfillment of their futures contracts.
Popular 'Banking, Commerce & Finance' Terms
first notice day in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/first-notice-day.html
