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What is a transaction record
Transaction record refers to the written record of relevant information reached in the futures exchange, which is a social science term. In traditional futures trading, once the buyers and sellers reach a deal in the trading hall, the floor brokers of both parties must record the trading information on the trading card in time. In the futures trading of modern computer automatic matching, the transaction record is automatically completed by the computer trading system. The computer records the transactions of each member unit in detail, and prints out the transaction list of each member after the transaction is completed for the member unit to check and settle the accounts step by step.

In addition to the name, month, price and quantity of the trading contract, the transaction record must also record the number of the counterparty's broker and its settlement member, while the name of the customer who originally entrusted the broker to place an order does not need to be registered. Once the transaction records are completed, they will be quickly transmitted to the clearing house by brokers and floor operators. The clearing house conducts inspection to confirm the transaction and liquidate the profit and loss results.