Best Execution


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Best Execution

A rule requiring brokers to always execute orders for clients at the best possible price. The SEC requires brokers to follow the best execution rule in order to protect investors.
References in periodicals archive ?
85 million for failing to provide best execution in approximately 22,000 customer transactions involving non-convertible preferred securities, and for related supervisory deficiencies for more than three years.
Patent-pending process combines best execution and optimal netting
TradingScreen, the leading provider of multi-broker, multi-product EMS trading platforms, today announced that it has developed a suite of new services to help its clients comply with the Best Execution obligations that will be imposed by the Markets in Financial Instruments Directive (MiFID).
MiFID demands firms ensure transparency, management of conflicts of interest and the best execution in transactions.
The new SEC guidelines on client commission arrangements suggest that an effective commission management model should provide the ability to merge best execution with sophisticated commission sharing practices.
Market Systems supplies compliance technology and services to measure and audit agency trading activity, thereby fulfilling the SEC regulatory requirement to provide customers with best execution.
securities law is the duty that brokers have to "seek the best execution that is reasonably available for its customers' orders.
Because JavCentral offers instant FIX connectivity, institutions can begin communicating block and single trades to brokers, ECNs and/or Exchanges for best execution without any additional software or hardware implementation.
One of the provisions of these changes is the best execution requirement.
Newport 3 has become a feature-rich command center that helps clients achieve best execution with multi-asset tools tuned to operate in a volatile and fragmented global marketplace," said Jon Zanoff, Global Head of EMS Strategy at Instinet.
5 /PRNewswire/ -- Quantum5, a division of S3 Matching Technologies, will enhance its product offerings by adding TotalView -- The NASDAQ Stock Market's premier data product -- to analyze best execution and produce Quantum5's revolutionary Trade Performance Index (TPI).
Tora to Offer Liquidity Services for Clients to Achieve Best Execution.