Posted in Finance, Accounting and Economics Terms, Total Reads: 587
Definition: Deal Ticket
A deal ticket is also known as a trading ticket. It is a set of rules comprising of all trading related term, conditions and agreements. It is usually formulated after the transaction of shares or commodity is done.
It records the trade price, trade volume, the names of the individuals and commodity involved and the date of transactions, along with all other important and relevant data. These could be created either manually or computerised. These are used for internal control system to access transaction history if required.
For all kind of trade exchanges, it is very important legal document.
For example: below shown are some examples of the deal ticket
There are various software or website in the market which are used to create deal ticket. All stock broking firms have their own deal ticket creation tools which records all necessary information pertaining to a deal.