Transaction

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

The actual deal, be it the purchase or sale of a financial instrument; a swap, stock loan, ETD. While a transaction could be a house purchase, or an M&A deal, we know nothing and care little about those^[1], so on this wiki we are largely concerned here with global markets transactions, ie cash trades in securities and FX^[2] and those executed under a master trading agreement, and confirmed by a confirmation.

References

↑ Except insofar as they have a bearing on a market transaction, as for example a merger or acquisition would well do to an equity derivative, for example.
↑ Actually we don't know much about FX either, really.