Jesse's Cafe Americain: Comex delivery issuesSubmitted by gecko_x2 on Wed, 12/02/2009 - 22:45 |
Jesse's Café Américain writes:
"Some months ago a chap described changes in the comex rules for futures contract deliveries. Therein it was described that the EFP, exchange for physical, rules were amended to allow for delivery of GLD shares in lieu of bullion.
Well take a look at something new, at least for me, in Monday’s comex preliminary volume and open interest report. On page 3 of the attachment, notice that in addition to futures contracts listed under the EFP category, a new category is listed: “Delivery Cash Settled” = 2866 december gold contracts. Just so happens 2866 was exactly the number of delivery notices issued on FND as reported in the Nov 27 vol and op int report."
Read Full article: http://jessescrossroadscafe.blogspot.com/2009/12/gold-comex-and-exchange-for-physical.html
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