Are You Checking Your Trade Confirmations?
Your brokerage firm issues a trade confirmation every time you buy or sell a security. When a single tap or keystroke can make the difference between 100 and 1,000 shares, it's important to review this information carefully as soon as you receive a confirmation.
Trade confirmations contain key details about your transactions. These include the date of a transaction, the price at which you bought or sold a security, and the quantity you bought or sold. Depending on the type of security involved, the confirmation might also include the time of execution and a link to a website where you can view additional information about the security you traded.
Confirmations also inform you whether your firm acted as an agent for you or another customer, or whether the firm acted as a principal for its own account.
Source Fool.com


