Delivery Notice

What is Delivery Notice?

Delivery Notice meaning The written notice given by the seller of his intention to make delivery against an open short futures position on a particular date. This notice, delivered through theclearing organization, is separate and distinct from the warehouse receipt or other instrument that will be used to transfer title. Also called Notice of Intent to Deliver or Notice of Delivery.

 

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