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 classic literature ?
Do you know I was really afraid of that before; and you confirm me?
Considerations of economy, not less than of stability and vigor, confirm this position.
This instance is selected from among a multitude that might be cited to confirm the truth already advanced and illustrated by domestic examples; which is, that nations pay little regard to rules and maxims calculated in their very nature to run counter to the necessities of society.
Every one had heard the rumours in question, and he scorned to confirm a tale that was already common property.
The talk took refuge in less ominous topics; but everything they touched on seemed to confirm Mrs.
If she goes NOW, and if he fails, it will only confirm the general impression: which isn't by any means peculiar to Lefferts, by the way.
Meanwhile, the town opinion about the new editor of the "Pioneer" was tending to confirm Mr.
Another was, that in houses where he got friendly, he was given to stretch himself at full length on the rug while he talked, and was apt to be discovered in this attitude by occasional callers for whom such an irregularity was likely to confirm the notions of his dangerously mixed blood and general laxity.
Whether the insatiable curiosity of this good woman had carried her on to that business, or whether she did it to confirm herself in the good graces of Mrs Blifil, who, notwithstanding her outward behaviour to the foundling, frequently abused the infant in private, and her brother too, for his fondness to it, I will not determine; but she had now, as she conceived, fully detected the father of the foundling.
I eagerly hope that you will confirm this intelligence soon in your own handwriting.
This discovery attracted very general attention, not only as confirming, in a singular manner, the conjectures so boldly made by a long chain of critics, but as bringing to light valuable literary treasures tending to establish the reputation, and to confirm the antiquity and authenticity of the great mass of Aesopian Fable.
In practice, this means that the President nominates a candidate, who must be voted on by the Senate, which confirms (accepts) or rejects the nomination.