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Quantitative Finance · Glossary

What is Trade capture, booking?

Also known as: trade capture · booking

Definition 21.3 Research, Data and Risk Platforms · Chapter 21 — Trade Capture and Booking

Trade capture turns an execution — an exchange execution report, an OTC ticket, a voice trade — into a trade in the canonical model, once and as early as possible. Booking assigns the captured trade to a book, the unit that owns its risk and P&L.

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