Trade Processing: The Confirmation Process (Part 3)
Interactive

Trade Processing: The Confirmation Process (Part 3)

Intuition Publishing
Updated Sep 25, 2020

Having executed and captured a trade into a front-end system, the trading institution must confirm the validity of all legal and financial aspects of the trade. The different methods of matching confirmations, the internal monitoring and reporting of unconfirmed trades, the chasing of outstanding confirmations are discussed here. The risks and controls in the confirmation process are then investigated.