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Finance Dictionary and Glossary of Investment Terms
The written statement that follows any "trade" in the securities markets. Confirmation is issued immediately after a trade is executed. It spells out settlement date, terms, commission, etc.
1. The occurrence of two or more indicators corresponding with one another and thereby corroborating the predicted trend.2. The written acknowledgment provided by a broker indicating that a trade has been completed. It includes details such as the date, price, commission, fees, settlement terms, and so on.
The written statement acknowledging a securities transaction. More generally, any formal communication which reiterates or verifies an agreement.
Formal memorandum from a broker to a client giving details of securities transaction. When a broker acts as a dealer, the confirmation must disclose that fact to a customer.