Brokerage Clerk how-to

How to Reconcile Daily Trades

Reconciliation catches errors fast.

Updated By the Career Education Institute Curriculum Team
Quick answer

Reconciliation catches errors fast. In short: pull; pull; match, then complete the remaining steps below.

Step by step

  1. Pull trade records.

  2. Pull custodian records.

  3. Match each trade.

  4. Flag breaks.

  5. Research causes.

  6. Fix and document.

Safety reminders for brokerage clerks

  • Protect client data
  • Follow FINRA rules
  • Report suspicious activity
  • Follow trade error procedures

Trade · Settlement · T+1 · Confirmation · ACATS · DTC: see the full brokerage clerk glossary.

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