BROWSE

Deal Blotter

What is 'Deal Blotter'

A trader's record of all the transactions executed on a given day. The deal blotter contains basic information pertinent to a transaction, with additional information included on the deal slip. The deal blotter for a forex trader would include both opening and closing currency positions initiated by the trader.

Explaining 'Deal Blotter'

In a forex trading firm with several traders, the sum of the positions on all the traders' deal blotters at the end of the trading day will indicate the change in the firm's net position at close. While deal blotters were paper-based before the advent of computerization, they are now increasingly computer-based, enabling traders to analyze and monitor their currency trades more rapidly and efficiently.


Further Reading




Q&A About Deal Blotter


Are there other ways to monitor your trades?

Yes, by using charts or graphs that show changes in currency prices over time.

What is a deal blotter?

A trader's record of all the transactions executed on a given day. The deal blotter contains basic information pertinent to a transaction, with additional information included on the deal slip.

Where would you find the currency positions on a trader's deal blotter?

On the trade blotter.

How can you tell if there are any changes in your net position at close?

By looking at all the traders' deal blotters and adding up their positions at close.