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 ?
In that year she briefly became leader, defeating Mr Eling but then controversially losing the position days later after it was re-run.
CEO Mike Manley expressed the hope that the European region would return to profitability with margins of around 3 percent by the end of 2019.   Manley assumed FCA's chief position days ahead of the unexpected demise of Sergio Marchionne.
Chief Supt Julie Sykes, who only took up her position days ago, tried to reassure the public following the latest incident in Blacker Road, Birkby, on Monday night.
When Japan repeated its position days after the Singapore summit as a prerequisite for holding top-level discussions with Kim, North Korean propaganda reasserted the country's position that the abduction issue has already been resolved, to Japan's dismay Pyongyang had refrained from repeating that talking point in Singapore.
The administrator of PerfectBit, Jorge Guadens Pontes, was appointed to the position days before the transfer of the amounts referred to above, according to the note.
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.