Confirmation Statement
A statement sent to a customer when a position has been initiated which typically shows the price and the number of contracts bought and sold. See P&S (Purchase and Sale).
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Confirmation Statement: A statement sent by a futures commission merchant to a customer when a futures or options position has been initiated which typically shows the price and the number of contracts bought and sold.
Confirmation Statement
A statement sent by a commission house to a customer when a futures or options position has been initiated. The statement shows the number of contracts bought or sold and the prices at which they were bought or old.
Confirmation statement: A statement sent by a commission house or broker/dealer to a customer when a futures, option, or stock position has been initiated or some other transaction has taken place.
shows the number of contracts bought or sold, the prices at which the contracts were bought or sold, the gross profit or loss, the commission charges and the net profit or loss on the transaction. Sometimes combined with a Confirmation Statement.
The CUSIP identification number is used to track the securities when they are bought and sold. You'll find the CUSIP number on a confirmation statement from your broker, for example, and on the face of a stock certificate.
 See also: Option, Future, Market, Commodity, Exchange
  
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