The confirmation that you receive after you buy or sell a security spells out the details of the transaction. Many of the details such as the marketplace where the trade was made and the terms and conditions are explained on the back of the confirmation. Remember, a confirmation is simply the details of a trade, it is not an invoice. You should keep all confirmations and account statements as a part of your permanent tax records.

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Here is a typical trade confirmation along with explanations of the various components
The symbol consists of letters used to identify companies and their securities in the marketplaces in which they trade. Symbols identify trades on the consolidated tape and are used in other reports and documents whenever such shorthand is convenient.	A "1" indicates the trade was placed in the cash account, a "2" indicates the margin account, and a "3" indicates the short account.	The trade date is the date of the transaction--usually either the day you place the order or the day the security reaches the price you specified to buy or sell at.	The settlement date is the deadline for paying for your purchase or getting your proceeds from a sale. Currently, stock transactions settle in three business days and options settle the next business day.
This indicates whether you have bought or sold the security	Most investors buy stocks in multiples of 100 shares. Such multiples are known as round lots. Share quantities less than 100 are known as odd lots.	The CUSIP number is a unique identifying number assigned to all securities by the Committee on Uniform Securities Identification Procedures.	The name of the security, typically the name of the issuer plus any identifying descriptions, such as International Business Machines Preferred C.
The price per share you paid or received.	The principal amount of your purchase or sale is figured by multiplying the number of shares by the price paid or received per share.	This is the total commission paid to the brokerage firm for handling the transaction.	The Securities and Exchange Commission (SEC) imposes a modest fee on most sell transactions. This fee is the funding that runs the SEC.
The Net Amount includes the cost (or proceeds) of the security plus commissions and fees.

It is agree between client(s) and -rw-r--r-- 1 bbai users 56522 Oct 12 13:03 403BBOOKLET.pdf -rw-r--r-- 1 bbai users 58223 Oct 12 13:03 ASSOCIATEDCLIENT.pdf -rw-r--r-- 1 bbai users 71455 Oct 12 13:03 COVERDELLBOOKLET.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 INDIV401KBENECHANGE.pdf -rw-r--r-- 1 bbai users 166044 Oct 12 13:03 INDIV401KBOOKLET.pdf -rw-r--r-- 1 bbai users 338226 Oct 12 13:03 INDIV401KPLANDOCS.pdf -rw-r--r-- 1 bbai users 1951269 Oct 12 13:03 INDIV401KQUALPLANDISTR.p df -rw-r--r-- 1 bbai users 67159 Oct 12 13:03 IRAAbbreviated.pdf -rw-r--r-- 1 bbai users 211446 Oct 12 13:03 IRABOOKLET.pdf -rw-r--r-- 1 bbai users 25790 Oct 12 13:03 IRACHANGEBENEFICIARY.pdf -rw-r--r-- 1 bbai users 21476 Oct 12 13:03 IRADIST.pdf -rw-r--r-- 1 bbai users 91195 Oct 12 13:03 IRARMD.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 MONEYPURCHASEBENECHANGE. pdf -rw-r--r-- 1 bbai users 186693 Oct 12 13:03 MONEYPURCHASEBOOKLET.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 MONEYPURCHASEDOCS.pdf -rw-r--r-- 1 bbai users 47641 Oct 12 13:03 MONEYPURCHASESELFTRUSTEE .pdf -rw-r--r-- 1 bbai users 369966 Oct 12 13:03 NEWACCT.pdf -rw-r--r-- 1 bbai users 259008 Oct 12 13:03 NEWACCTFDIC.PDF -rw-r--r-- 1 bbai users 133445 Oct 12 13:03 PROFITSHARINGPLANBOOKLET .pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 PSPCHANGEOFBENE.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 PSPDOCS.pdf -rw-r--r-- 1 bbai users 47638 Oct 12 13:03 PSPSELFTRUSTEE.pdf -rw-r--r-- 1 bbai users 94389 Oct 12 13:03 SIMPLEBOOKLET.pdf [root /home1/cluzi/membersvest]# emacs help_acat.html Buffers Files Tools Edi that:

All transactions are subject to the rules of the Securities and Exchange Commission and of the Federal Reserve Board and the rules and customs of the Exchange or Market (and its Clearing House, if any) where executed.

Any transaction executed in the Over the Counter Market is subject to the Uniform Practice Code of the National Association of Securities Dealers, Inc. The name of the other broker or party and the time of execution will be furnished upon request.

Securities purchased on a cash or margin basis are or may be hypothecated under circumstances which will permit the commingling thereof with securities carried for other customers, but such securities, if hypothecated, will be withdrawn from hypothecation as soon as practicable after receipt of payment therefor.

If this transaction is a purchase by you in a cash account and sufficient funds are not already in your account with us, it is agreed that you will make full payment for the securities described on the face hereof promptly and not later than the settlement date in accordance with the terms of this transaction and that you do not contemplate sale of such securities prior to making such payment. If this transaction is a sale by you in a cash account, and the securities described on the face hereof are not already held in your account with us, we are acting upon your representation that you or your principal own such securities, and it is agreed that you will promptly and not later than the settlement date deposit such securities with us. If full payment for the securities purchased by you in this transaction is not received or if securities sold by you are not delivered in proper form on or after the first trading day after settlement date, we may at our option cancel or otherwise liquidate this transaction without notice to you, and you will be liable for any resulting loss, including without limitation, all expenses, attorney's fees and other costs and interest incurred thereon.

If this transaction is a purchase by you in a margin account it is agreed that sufficient cash or acceptable collateral will be deposited on or before settlement date to satisfy applicable margin requirements.

Provisions of agreements and contracts shall inure to the benefit of BestVest Investments, Ltd., -rw-r--r-- 1 bbai users 56522 Oct 12 13:03 403BBOOKLET.pdf -rw-r--r-- 1 bbai users 58223 Oct 12 13:03 ASSOCIATEDCLIENT.pdf -rw-r--r-- 1 bbai users 71455 Oct 12 13:03 COVERDELLBOOKLET.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 INDIV401KBENECHANGE.pdf -rw-r--r-- 1 bbai users 166044 Oct 12 13:03 INDIV401KBOOKLET.pdf -rw-r--r-- 1 bbai users 338226 Oct 12 13:03 INDIV401KPLANDOCS.pdf -rw-r--r-- 1 bbai users 1951269 Oct 12 13:03 INDIV401KQUALPLANDISTR.p df -rw-r--r-- 1 bbai users 67159 Oct 12 13:03 IRAAbbreviated.pdf -rw-r--r-- 1 bbai users 211446 Oct 12 13:03 IRABOOKLET.pdf -rw-r--r-- 1 bbai users 25790 Oct 12 13:03 IRACHANGEBENEFICIARY.pdf -rw-r--r-- 1 bbai users 21476 Oct 12 13:03 IRADIST.pdf -rw-r--r-- 1 bbai users 91195 Oct 12 13:03 IRARMD.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 MONEYPURCHASEBENECHANGE. pdf -rw-r--r-- 1 bbai users 186693 Oct 12 13:03 MONEYPURCHASEBOOKLET.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 MONEYPURCHASEDOCS.pdf -rw-r--r-- 1 bbai users 47641 Oct 12 13:03 MONEYPURCHASESELFTRUSTEE .pdf -rw-r--r-- 1 bbai users 369966 Oct 12 13:03 NEWACCT.pdf -rw-r--r-- 1 bbai users 259008 Oct 12 13:03 NEWACCTFDIC.PDF -rw-r--r-- 1 bbai users 133445 Oct 12 13:03 PROFITSHARINGPLANBOOKLET .pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 PSPCHANGEOFBENE.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 PSPDOCS.pdf -rw-r--r-- 1 bbai users 47638 Oct 12 13:03 PSPSELFTRUSTEE.pdf -rw-r--r-- 1 bbai users 94389 Oct 12 13:03 SIMPLEBOOKLET.pdf [root /home1/cluzi/membersvest]# emacs help_acat.html Buffers Files Tools Edi, or to any successor.

Proceeds of a sale transaction will be reported to the Internal Revenue Service in accordance with applicable law.

The execution price for this security may reflect an odd lot differential if the number of shares is less than a round lot or if all of the shares transacted can not be executed in round lot increments.

Call features may exist for bonds which could affect yield. Complete information will be provided to you upon request.

MKT - MARKET IN WHICH THE TRANSACTION WAS EXECUTED
1.  New York Stock Exchange	7.  Cincinnati Stock Exchange
2.  American Stock Exchange	8.   -rw-r--r-- 1 bbai users 56522 Oct 12 13:03 403BBOOKLET.pdf -rw-r--r-- 1 bbai users 58223 Oct 12 13:03 ASSOCIATEDCLIENT.pdf -rw-r--r-- 1 bbai users 71455 Oct 12 13:03 COVERDELLBOOKLET.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 INDIV401KBENECHANGE.pdf -rw-r--r-- 1 bbai users 166044 Oct 12 13:03 INDIV401KBOOKLET.pdf -rw-r--r-- 1 bbai users 338226 Oct 12 13:03 INDIV401KPLANDOCS.pdf -rw-r--r-- 1 bbai users 1951269 Oct 12 13:03 INDIV401KQUALPLANDISTR.p df -rw-r--r-- 1 bbai users 67159 Oct 12 13:03 IRAAbbreviated.pdf -rw-r--r-- 1 bbai users 211446 Oct 12 13:03 IRABOOKLET.pdf -rw-r--r-- 1 bbai users 25790 Oct 12 13:03 IRACHANGEBENEFICIARY.pdf -rw-r--r-- 1 bbai users 21476 Oct 12 13:03 IRADIST.pdf -rw-r--r-- 1 bbai users 91195 Oct 12 13:03 IRARMD.pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 MONEYPURCHASEBENECHANGE. pdf -rw-r--r-- 1 bbai users 186693 Oct 12 13:03 MONEYPURCHASEBOOKLET.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 MONEYPURCHASEDOCS.pdf -rw-r--r-- 1 bbai users 47641 Oct 12 13:03 MONEYPURCHASESELFTRUSTEE .pdf -rw-r--r-- 1 bbai users 369966 Oct 12 13:03 NEWACCT.pdf -rw-r--r-- 1 bbai users 259008 Oct 12 13:03 NEWACCTFDIC.PDF -rw-r--r-- 1 bbai users 133445 Oct 12 13:03 PROFITSHARINGPLANBOOKLET .pdf -rw-r--r-- 1 bbai users 27342 Oct 12 13:03 PSPCHANGEOFBENE.pdf -rw-r--r-- 1 bbai users 823031 Oct 12 13:03 PSPDOCS.pdf -rw-r--r-- 1 bbai users 47638 Oct 12 13:03 PSPSELFTRUSTEE.pdf -rw-r--r-- 1 bbai users 94389 Oct 12 13:03 SIMPLEBOOKLET.pdf [root /home1/cluzi/membersvest]# emacs help_acat.html Buffers Files Tools Edi affiliate on PHLX
3.  Midwest Stock Exchange	9.  Mesirow Financial affiliate specialist on CSE
4.  Pacific Stock Exchange	A.  Mesirow Financial specialist on CHX
5.  Options Exchange	M.  Market Maker
6.  Philadelphia Stock Exchange	N&O Over the Counter

ACCOUNT TYPES AS FOLLOWS:

1.  Cash

2.  Margin

3.  Short

4.  Collateral Account

5.  Other

CAP - CAPACITY IN WHICH BROKER ACTED:

A.   As Principal

B.   Mutual Fund (a sales fee may have been received)

C.   As Broker Only

D.   As Agent

E.   Annuity (a sales fee may have been received)

4.   Cross Trades

CAP - CAPACITY IN WHICH MESIROW FINANCIAL ACTED:

1.   As Agent for you in the purchase or sale of this security. Our affiliate may have acted as principal.

2, 5, 6, 7 - As Principal

Additional Market Capacity Information: If so noted on the front of the Confirmation, our affiliate makes a market in this security and acted as principal in buying from or selling to you. BestVest Investments, Ltd. acted as your agent, charging you a commission for its service. In those transactions where MKT is listed as 8, 9, A, or M, Mesirow Financial or its affiliate acted in the capacity of specialist or market maker and fillet the order at the inside market without mark-up or down. If average price transaction is indicated on the front of this confirmation BestVest Investments, Ltd. or Mesirow Financial may have acted as principal, agent or both on one or more exchanges. Details available upon request.

If this transaction involves an asset-backed security which represents an interest in, or is secured by a pool of receivables or other financial assets that are subject continuously to prepayment, then the actual yield or such security may vary according to the rate at which the underlying receivables or other financial assets are prepaid, Information concerning the factors that affect yield (including at a minimum estimated yield, weighted average life, and the prepayment assumptions of underlying yield) will be furnished upon your written request.

Zero Coupon, Compound Interest and Multiple Securities. Callable below maturity value without notice by mail to holder unless registered.

Where market capacity "M" appears on the front of this statement, Mesirow Financial's affiliate makes a market in this security, i.e., buying or selling for its own account on a continuous basis. They may however discontinue the maintenance of such market at any time, without notice.

Mesirow Financial receives compensation for directing order flow in equity securities. The source and nature of this compensation, if any, received in connection with this trade will be furnished upon written request.