last notice day

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Last Notice Day

The last day on which a clearing house may inform an investor that it intends to make delivery of a commodity that the investor previously bought in a futures contract. The date is governed by the rules of different exchanges and clearing houses, but may also be stated in the futures contract itself. It occurs in the delivery month in which the contract expires.

last notice day

The final day to issue a notice of intent to deliver on a futures contract.