Delivery Process of Copper Futures

  • 2 Nov 2010
  • By CME Group
  • Topics: Metals

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Brian Sayers, Associate Director of Settlement & Clearing, CME Group, covers the basics of taking or making delivery in the COMEX copper futures complex. He discusses:

  • Three day delivery cycle (delivery intention day, notice day and delivery day)
  • Storage process and warehouse locations
  • How electronic warrants are handled
  • Shipment responsibilities

The video is under 8 minutes