PURCHASE AND SALE STATEMENT

25 May 2016 By PDSNET

A statement sent by a Futures Commission Merchant to a customer in the US when a futures or options position has been liquidated or offset. The statement 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.



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