| 1. | a piece of blotting paper used to absorb excess ink, to protect a desk top, etc. |
| 2. | a book in which transactions or events, as sales or arrests, are recorded as they occur: a police blotter. |
| 3. | Machinery. a soft washer of blotting paper or felt for cushioning a brittle object against shock or pressure or for increasing the friction or contact area between two surfaces. |
Blotter
A record of trades and the details of the trades made over a period of time (usually one trading day). The details of a trade will include such things as the time, price, order size and a specification of whether it was a buy or sell order. The blotter is usually created through a trading software program that records the trades made through a data feed.
Investopedia Commentary
The purpose of a trade blotter is to carefully document the trades so that they can be reviewed and confirmed by the trader or the brokerage firm. The blotter is used in the stock market, foreign exchange market, and the bond market and can be customized based on the needs of the user.
Related Links
Introduction To Fee-Based Brokerage Accounts
Limiting Losses
Understanding Order Execution
See also: Broker, Order, Order Book Official, Trade Date, Trading Desk
blotter