DEAL SLIP
It is a compilation of essential details of transaction that was entered in a forex deal by a dealer. It is the source of a record that a dealer needs to keep. A deal slip is needed to be archived for a number of years to be stipulated by a regulation authority where the deal is recorded. Also known as deal ticket. A deal slip is generally time-stamped to record the date and time of the transaction. It contains all of the information pertinent to a transaction, including but not limited to the amount of the transaction, whether it was a purchase or sale, the counterparty to the transaction, settlement date, transfer price, customer price and so on.
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Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
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UFMI
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