What is a contract note ?

What is a contract note ?

>The contract note is the legal record of any trade made by a stockbroker on a stock exchange. It confirms the trade conducted on a specific day, on the client's behalf, performed on a stock exchange.
>Contract note describes key details of a particular transaction together with the date, time, price, quantity traded etc. A valid contract note should have the following details in a structured format

>SEBI registration number of the Trading Member/ Sub-broker
Details of your trades like Order Number, Trade Number, Trade Price, Trade execution Time, Traded security & Quantity, Brokerage Charged, Details of other Service Charges
Signature of Authorized Signatory or Digital Signature in Electronic format
Bylaws and regulations pertaining to Arbitration