position day

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Position Day

The day on which the seller of a commodity must inform the buyer of the delivery date of the commodity. This especially applies if the delivery date is different from the first permissible day. On the Chicago Board of Trade, the seller's clearing corporation also must notify the Board of intent to deliver.

position day

The day on which an investor with a short position in a commodity (that is, the investor who must make delivery) declares an intention to make delivery if the day is other than the first day permitted. Compare first position day.
References in periodicals archive ?
Haki Africa stated its position days after Controller of Budget Agnes Odhiambo proposed that the number of MPs, Senators, MCAs and constitutional commissions be reduced so billions of public money is not wasted.
Hegazy left his previous position days after the Al-Wahat terror attack, which targeted Egyptian security forces on 20 October close to Al-Wahat road, 135 kilometres south of Cairo in Egypt's Western Desert, after the National Security Agency had received information about a terror camp there.
He had served as head teacher of Albert Road Primary School, Penarth, for 12 years but had been suspended from his position days before his death.
His written statement appeared to be an attempt to clarify Ankara's position days after Erdogan said Turkey would not make changes to its terrorism laws required under a deal with the EU to curb migration, declaring: "we're going our way, you go yours".
That wasn't the case, Constant learned from friends who applied to the position days later.
June 3, 2014 (KAMPALA) -- A Ugandan minister has relinquished her position days after she was appointed senior director for fragility, conflict and violence at the World Bank late last month.
THE Church in Wales has appointed a passionate advocate of female bishops to a key senior position days after a bid by English Anglicans to ordain women to the episcopate failed.
His endorsement, after months of silence, is a major coup for the former foreign secretary and puts him in pole position days before the ballot papers are sent out.