Welcome to the RJO Futures trading terms glossary. Within this glossary, you will find an expansive list of trading terms covering commodity, option, and futures trading terminology. Bookmark this section as a quick reference for definitions of trading terms as you browse the Internet and our site for more information on futures and options trading within the financial and commodities markets.
For buyers, the written notice given by the buyer of his intention to take delivery against a long futures position on delivery day. For sellers, the written notice given by the seller of his intention to make delivery against the short futures position on delivery day.