Change in Lumber (LB) Delivery Intent DeadlineAt its Regular Meeting on January 15, 2002, the Board of Directors approved a change in the deadline for submission of delivery intentions in Random Length Lumber futures from 7 a.m. to 12 noon, effective for all deliveries beginning with the January 2002 contract month. The amended rule is noted below.
RANDOM LENGTH LUMBER FUTURES 1703. Delivery Procedures A. Notice of Intent to Deliver Seller shall give his Notice of Intent to Deliver to the Clearing House prior to 12:00 noon (Chicago Time) on any business day after termination of trading in the contract month.
If you have any questions about this matter, please contact Morgan Culverhouse, Manager, Delivery and Fulfillment Services at 312/930-2892 or John Broderick, Director, Clearing Operations at 312/930-3190. Thank you. |