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What is the purpose of receiving a weekly statement of accounts?

Every week, stockbrokers must deliver their clients a ledger statement and registration of securities. Your fund transactions for the period are detailed in the ledger statement, and your holdings are detailed in the register of securities.
The funds or securities listed in the 'Pending' field haven't been resolved yet. For example, suppose you purchased 100 Tata shares on March 5th and received this statement on March 6th. Because you are owed Tata but the stock market will only deliver it on T+2 days, it is considered unsettled and will appear in the 'Pending' section.