When is a trade confirmation slip issued to the investor?
A)On placing an order
B)On execution of the order
C)On settlement of the order
D)None of the above

Question

Quizplus · Accepted Answer

A trade confirmation slip is issued to the investor upon the execution of the order, detailing the specifics of the transaction such as the security bought or sold, the price, and the number of shares.

When Is a Trade Confirmation Slip Issued to the Investor