P&S (purchase and sale statement)

Definition of "P&S (purchase and sale statement)"
  1. A written record issued by a futures commission merchant to a client indicating the details and results of transactions involving futures contracts, including the quantity, buying or selling prices, profit or loss, costs, and account changes
How to use "P&S (purchase and sale statement)" in a sentence
  1. After the offset, the P&S (purchase and sale statement) was updated to reflect the changes.
  2. I received a P&S (purchase and sale statement) after withdrawing my margin.
  3. The details of their transactions were clearly stated in their P&S (purchase and sale statement).

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