TeachMeFinance.com - explain Comparison
Comparison -- At the close of business on the New York
Stock Exchange messengers employed by brokers compare
the day's transactions. If A sells 100 shares of stock to B
A's messenger delivers at the office of B a memorandum of
the transaction, which is called a deliver ticket, and obtains
acknowledgment on another corresponding memorandum,
which is called a receive ticket. It is the duty of the seller to
compare or to endeavor to compare each transaction at the
office of the buyer not later than one hour after the closing of
the exchange. It is the duty of the buyer to investigate before
10 a. m. of the day after the purchase any transaction
which has not been compared by the seller.
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