Web Trader MT5
A deal ticket is the official documentation of a transaction, containing all the essential information about the trade at the time it was completed. It’s the financial counterpart of a receipt, but with much more information and much greater legal force.
A standard deal ticket will capture the instrument traded, the direction of the trade (buy or sell), the size, the price, the time of the trade, the counterparties to the trade, the value date, and any other terms relevant to the trade.
In pre-electronic trading days, deal tickets were literal slips of paper filled out by hand on the trading floor. In present-day electronic markets, they are automatically generated the instant a trade is confirmed.
They are the main registry towards settlement, compliance, and resolving any conflict regarding what was settled and when.
Example: A corporate treasury desk has a large forward currency contract with its bank. The deal ticket produced at the point of execution displays the actual rate, the notional amount, the settlement date, and the names of the two counterparties.
Three weeks later, when the confirmation of the bank comes in with a slightly different rate, it is a deal ticket, timestamped and system-generated, that resolves the dispute.
