Confirmation

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Confirmation

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.

Confirmation

1. A written statement a broker issues after a trade spelling out what exactly transpired, including the price, commissions, applicable fees, and the terms of trade. Confirmations are sometimes sent out immediately, but often within a week of the transaction.

2. A market indication corroborating a previous indication. This shows that a predicted market trend will in fact take place, reducing uncertainty in the market.

confirmation

1. A written acknowledgment of a security trade that lists important details of the trade such as date, size of the transaction, price, commission, taxes, and amount of money involved. A confirmation is generally mailed the day after a trade takes place. See also cancellation.
2. The reaction of one technical indicator (such as the movement of a stock price average) that strengthens a signal given by another indicator.

Confirmation.

When you buy or sell a stock or bond, your brokerage firm will send you a confirmation, or printed document, with the details of the transaction.

Confirmations include the price, any fees, and the trade and settlement dates. Stock confirmations also include the commission if it applies. These documents are your backup for calculating capital gains and losses.

You'll also receive a confirmation to reaffirm orders you place, such as a good 'til canceled order to buy or sell a certain stock at a stop or limit price.

In addition, activity in your trading account, such as stock splits, spinoffs, or mergers will trigger a confirmation notice.

References in periodicals archive ?
Eight months later, they would be introduced by their mentors and welcomed by the congregation as confirmands and graduates of the confirmation program.
In the case of confirmation (affirmation of baptism), the post-baptismal Christian formation that includes instruction in the word and reception of Holy Communion leads to a deeper knowledge and experience of divine grace that in turn motivates the confirmand to publicly affirm his/her baptism and accept personal responsibility for the church's mission.
The 1549 Book of Common Prayer, the first post-Reformation prayer book, instructs that confirmands "bee brought to the Bushop by one that shalbee his godfather or godmother, that euerye childe maye haue a wittenesse of hys confirmation.
At the Catholic church, senior high students held almost full responsibility for the planning of retreats, and 12th graders were responsible for spiritually mentoring 8th grade confirmands.
I remember at our Confirmation, when I was about 11, he stood at the door of the church after Mass and greeted the confirmands.