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Finance Glossary

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Over 700 finance terms, Shmooped to perfection.

Trade Confirmation

Definition:

A trade is executed for you by your investment firm or broker. When that happens, you get a trade confirmation (on dead trees or electronically) outlining the details.

A trade confirmation can also be the comparison of the two counterparts to be sure they match before the trade is settled. If there's a typo or something seems off, more info is requested.

Example

Here you go.