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Reading Your Futures Statement

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Reading Your Futures Statement RBC Dominion Securities Inc. READING YOUR FUTURES STATEMENT A guide for clients of RBC Dominion Securities At RBC Dominion Securities, we have been helping individual and corporate clients achieve their financial goals since 1901. Today, we are Canada’s leading provider of wealth management services, trusted by more than 400,000 clients globally. In the area of commodity/financial futures, we provide some of the most comprehensive services available from any investment firm in Canada, including professional advice and trade execution. Our Futures Risk Group provides access to leading commodity research advisors who provide insight on various commodity sectors and hedge strategies. This guide will detail each section of your futures statement, page by page, to help you understand how trade confirmations, gains/losses and monthly activity will be summarized in your statement. If you have any questions about your futures statement, please speak with your Futures Specialist today. YOUR FUTURES STATEMENT The first page of your Futures Statement identifies the portfolio, the time period covered in the statement and the name and contact information of your Futures Specialist. OPENING ACCOUNT BALANCE FUTURES/OPTIONS CONFIRMATIONS (1) The date of the trade (2) Long/buy activity This section shows the cash balance This section displays the confirmed (3) Short/sell activity in the account at the beginning of futures and options activities for the (4) Indicates total quantity (*) the trading period in the various time period of the statement. (5) Contract month currencies. (6) Product (7) Price (8) Commissions/Clearing/Exchange charges and other fees (most commonly include NFA, RBC Clearing, Give Up, Desk Execution and CDCC) (9) Base currency of product Salesman Account TST 44124849 Your Commodity Broker BILL AND MARY CUSTOMER YOUR IA NAME 123 MAIN ST TORONTO, ON TORONTO, ON M4M 4M4 416-123-4567 Salesman Account TST 44124849 Page Your1 Commodity Broker BILL AND MARY CUSTOMER YOUR IA NAME 123 MAIN ST Monthly Statemen t For: MAY 01, 2015 TORONTO,through MAYON 31, 2015 TORONTO, ON M4M 4M4 416-123-4567 - - - - - - - - - - - - - - - - - - - O P E N I N G A C C O U N T B A L A N C E S - - - - - - - - - - - - - - - - - - CAN DOLLAR 0CR US DOLLAR 0CR Page 1 - - - - - - - - - - - - - - - - - F UMonthly T U R EStatemen S / O Pt TFor: I O MAYN S 01, C2015 O N throughF I R M AMAY T I31, O N2015 S - - - - - - - - - - - - - - - Date Long Short Contract/Description Strike Price Curr Amount - - - - - - - - - - - - - - - - - - - O P E N I N G A C C O U N T B A L A N C E S - - - - - - - - - - - - - - - - - - 1 2 3 5/19/15 1 JUN15 IMM B-PDS 1.530007 USD CAN DOLLAR 1* * 0CR USD US DOLLAR 0CR COMMISSION USD9 62.50DB* CLEARING8 USD 2.01DB* - - - - - - - - - - - - - - - - - F U T U R E S / O P T I O N S C O N F I R M A T I O N S - - - - - - - - - - - - - - - 5/19/15 1 5JUN15 6IMM E-S&P 2100.00 USD Date Long 4 1* Short * Contract/Description Strike Price USD Curr Amount COMMISSION USD 62.50DB* 5/19/15 1 JUN15 IMM B-P DS CLEARING 1.53000 USD USD 1.42DB* 1* * USD 5/20/15 1 JUL15 CBT WHE AT P 4.850 COMMISSION .11 1/2 USDUSD 575.00DB 62.50DB* 1* * CLEARING Premium Paid USD USD 575.00DB* 2.01DB* EDAT:06/26/15, 5/19/15 1 JUN15 IMM E-S &P COMMISSION 2100.00 USD USD 125.00DB* 1* * CLEARING USD USD 4.72DB* COMMISSION USD 62.50DB* 5/20/15 1 JUN15 IMM E-S &P 2110.00 CLEARING USD USD 1.42DB* * 1* USD 5/20/15 1 JUL15 CBT WHE AT P 4.850 COMMISSION .11 1/2 USD USD 62.50DB* 575.00DB 1* * CLEARING Premium Paid USD USD 1.42DB*575.00DB* Recap of Confirm Activity EDAT:06/26/15, Total P&L COMMISSION On Confirmations USD USD 575.00DB 125.00DB* Commissions CLEARING On Confirmations USD USD 312.50DB 4.72DB* Fees On Confirmations USD 9.57DB 5/20/15 1 JUN15 IMM E-S &P Realized Futures 2110.00 On Confirmations USD USD 192.35DB * 1* Realized Options On Confirmations USDUSD 704.72DB Total Realized Futures COMMISSION On Confirmations CADUSD 239.38DB 62.50DB* Total Realized Options CLEARING On Confirmations CADUSD 877.02DB 1.42DB* Recap of Confirm Activity - - - - - - - - - - - - - - - - - - - C O L L A T E R A L C O N TotalF I R P&LM A OnT IConfirmations O N S - - - - USD- - - - - - - -575.00DB - - - - - - Commissions On Confirmations USD 312.50DB Par Value/ Fees On ConfirmationsREADING USD YOUR MONTHLY FUTURES9.57DB STATEMENT 3 Realized Futures On Confirmations USD 192.35DB Date Quantity Description Realized Options Rate On Confirmations Maturity USD Amount 704.72DB Total Realized Futures On Confirmations CAD 239.38DB TNOTE / USD / US T-NOTE Total Realized Options On Confirmations CAD 877.02DB 5/19/15 L 100,000.00CR USD T-NOTE 5/31/17 - - - - - - - - - - - - - - - - - - - C O L LPur A chaseT E R CosA L C O N F I100,000.00DB R M A T I O N S - - - - - - - - - - - - - *- - - - - - - - - - - - - Par- - Value/- - - - - - R E A L I Z E D F U T U R E S G A I N S / L O S S E S - - - - - - - - - - - - - - - - Date Date Long Short Quantity Contract/Description Description Strike Price Rate Maturity Curr Amount Amount 5/19/15TNOTE / USD 1 / US T-NOTE JUN15 IMM E-S&P 2100.00 USD 5/20/15 5/19/15 L 100,000.00CR1 JUN15 USD T-NOTE IMM E-S &P 2110.00 5/31/17 USD 1* 1* Pur chase Cos 100,000.00DB P & S USD 500.00CR* * Profit Or Loss From Offset Trades USD 500.00CR - - - - - - - - - - - - - - - - R E A L I Z E D F U T U R E S G A I N S / L O S S E S - - - - - - - - - - - - - - - - - - - - - C O N T I N U E D O N N E X T P A G E - - - - - Date Long Short Contract/Description Strike Price Curr Amount 5/19/15 1 JUN15 IMM E-S&P 2100.00 USD 5/20/15 1 JUN15 IMM E-S&P 2110.00 USD 1* 1* P & S USD 500.00CR* Profit Or Loss From Offset Trades USD 500.00CR - - - - - C O N T I N U E D O N N E X T P A G E - - - - - Salesman Account TST 44124849 Your Commodity Broker BILL AND MARY CUSTOMER YOUR IA NAME 123 MAIN ST TORONTO, ON TORONTO, ON M4M 4M4 416-123-4567 Page 1 Salesman Account TST 44124849 Monthly Statemen t For: MAY 01, 2015 Your through Commodity MAY Broker31, 2015 BILL AND MARY CUSTOMER YOUR IA NAME 123 MAIN ST TORONTO, ON - - - - -TORONTO, - - - - ON- - -M4M - -4M4 - - - - - O P E N I N G A C C O U N T 416-123-4567B A L A N C E S - - - - - - - - - - - - - - - - - - CAN DOLLAR 0CR US DOLLAR 0CR RECAP of CONFIRM ACTIVITY foR THE TIME PERIOD REALIZED FUTURES GAINS/LOSSES - - - - - - - - - - - - - - - - - F U T U R E S / O P T I O N Page S C O 1N F I R M A T I O N S - - - - - - - - - - - - - - - (A) Total P&L on Confirmations (USD) – Net value of Options Date Long Short Contract/Description Monthly Statemen t For: StrikeMAY 01, This 2015 Price section through shows MAY 31, the 2015 profit Curr or loss realized Amount from closing Premium [Paid – Received] in the currency of the product 5/19/15 1 JUN15 IMM B-PDS out an open1.53000 (Futures/Options/Forward) USD position. (B) - Commissions- - - - - - 1*- on - Confirmations- - -* - - - - - (USD) - - O – P Total E N Icommissions N G A C C O U N T B A L A N C E S - - - - -USD - - - - - - - - - - - - - COMMISSION USD 62.50DB* CAN paid DOLLAR for all products traded. Commissions 0CR are paid in USD or (1) CLEARINGThe sum of all profits USDand losses for the 2.01DB*time period of the USCAD. DOLLAR 0CR 5/19/15 1 JUN15 IMM E-S&P statement 2100.00 (CR – Profit; USDDB – Loss) (C) - Fees- - - on - Confirmations- - 1*- - - - -* -(USD) - - - – -Total F U clearingT U R E costsS / O paidP T Ifor O N S C O N F I R M A T I O N S USD- - - - - - - - - - - - - - - COMMISSION USD 62.50DB* Date all products Long traded Short in the Contract/Descriptioncurrency of the product Strike Price CLEARING USDCurr Amount1.42DB* (D) 5/19/155/20/15Realized Futures 11 on Confirmations JUN15JUL15 (USD) – IMMCBTClearing/ B-PWHEDSAT P 4.850 TEMIZED 1.53000 .11 1/2A SH CTIVITY USDUSD 575.00DB 1*1* ** I C Premium A Paid USDUSD 575.00DB* Exchange fees and commissons EDAT:06/26/15, paid on all futures COMMISSION USD 62.50DB* CLEARINGCOMMISSION USDUSD 125.00DB* 2.01DB* (E) Realized Options on Confirmations (USD) – Total P&L on All transfers CLEARING from a margin USD account to a 4.72DB*futures account 5/19/15 1 JUN15 IMM E-S&P 2100.00 USD 5/20/15Confirmations 1* + Clearing/Exchange 1* JUN15 fees and IMM commissions E-S &P are noted 2110.00 as credits, while USD USD transfers from a futures paid on all options * trades 1* in the currency of the product COMMISSION USD 62.50DB* account CLEARINGCOMMISSION to a margin account USDUSD will be noted 62.50DB*1.42DB* as debits. (F) Total Realized Futures on Confirmations (CAD) – CLEARING USD 1.42DB* Recap5/20/15 of Confirm 1 Activity JUL15 CBT WHEAT P 4.850(2) The .11 sum 1/2 of all cash activity USD in the account 575.00DB (D) * Exchange 1* rate * Total P&L On ConfirmationsPremium Paid USDUSD 575.00DB*575.00DB EDAT:06/26/15, Commissions On Confirmations USD 312.50DB (G) Total Realized Options on Confirmations (CAD) – FeesCOMMISSION On Confirmations USDUSD 125.00DB* 9.57DB Realized Futures CLEARING On Confirmations USD USD 192.35DB4.72DB* (E) * Exchange rate Realized Options On Confirmations USD 704.72DB 5/20/15 1 JUN15 IMM E-S &P Total Realized Futures 2110.00 On Confirmations USDCAD 239.38DB * 1* Total Realized Options On Confirmations USD CAD 877.02DB COMMISSION USD 62.50DB* - - - - - - - - - - - - - - - - - - - C O L L A T E R A L C O N F ICLEARING R M A T I O N S - - -USD - - - - - - - - 1.42DB*- - - - - - - Recap of Confirm Activity Par Value/ Total P&L On Confirmations USD 575.00DB A Commissions On Confirmations USD 312.50DB B Date Quantity Description Fees OnRate Confirmations Maturity USD 9.57DBAmount C Realized Futures On Confirmations USD 192.35DB D TNOTE
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