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Purchase and Sale Statement (P&S)
       
 
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Purchase and Sale Statement (P&S)

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Purchase and Sale Statement (P&S)
A Statement sent by a Futures Commission Merchant to a customer when a futures or options Position has been liquidated or Offset. The Statement shows the number of contracts bought or sold, the price at which the contracts were bought or sold, the gross profit or loss, the Commission charged and the net profit or loss on the transaction. Sometimes combined with a Confirmation Statement.
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