Street Book


DEFINITION of 'Street Book'

A daily account of futures commission merchants and clearing members. The street book gives details on each futures transaction, including the date, type of commodity, price and the affected market. The street book also records the name of the person for whom the trade was made.


The street book is maintained in order to determine what investors owe and to whom. In other words, it is like an itemized bill. It contains all the pertinent data required for clearance purposes. Maintaining a street book is also a crucial element in computing an investor's Adjusted Debit Balance, which determines how much he/she can purchase on margin.

  1. Margin

    1. Borrowed money that is used to purchase securities. This practice ...
  2. Deck

    The number of open orders that a broker is working with at any ...
  3. Futures Commission Merchant - FCM

    A merchant involved in the solicitation or acceptance of commodity ...
  4. Clearing

    The procedure by which an organization acts as an intermediary ...
  5. Broker Association

    A permitted association between exchange members who have shared ...
  6. Swap

    A derivative contract through which two parties exchange financial ...
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