The Capital Markets (Commodity Markets) Regulations

42. Statement of purchase and sale

Edition: 2022-12-31 · In force

42. Statement of purchase and sale

Every commodity broker who has acted as an agent in connection with a liquidating trade in a spot commodity contract shall promptly send to their client a statement of purchase and sale setting forth the—

(a)dates of the initial transaction and liquidating trade;

(b)commodity and quantity bought and sold;

(c)commodity exchange upon which the contracts were traded;

(d)delivery period;

(e)prices on the initial transaction and on the liquidating trade;

(f)gross profit or loss on the transactions;

(g)commission; and

(h)net profit or loss on the transactions.

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Source: Kenya Law