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 ?
It set a new benchmark for best execution, a key focus for financial institutions ahead of MiFID II.
The service captures all data throughout the negotiation and makes it available to the member in order to support with the Best Execution requirements under MiFID II.
Financial technology provider FlexTrade has launched a best execution platform to ensure the best possible results for clients when orders are executed, planned, monitored and proven during the full trading life cycle.
Euronext has selected Strategic Insight's LiquidMetrix solution for best execution, transaction cost analysis (TCA), and surveillance services for its equity, ETF, and derivatives products, the company said.
Patent-pending process combines best execution and optimal netting
An advisory firm should seek to meet its duty of best execution by selecting and recommending broker-dealers that can provide the best qualitative execution, taking into consideration various factors.
A consultation released by the Australian Securities and Investments Commission (ASIC) on 4 November is a welcome move towards the creation of a regulatory framework for best execution that could pave the way for similar efforts in other Asia-Pacific markets, market participants say.
KTS said its Best Execution Verification Tool automatically analyses many thousands of client trades in specified equities, flagging any sales or purchases which fall outside of normal price parameters.
MiFID demands firms ensure transparency, management of conflicts of interest and the best execution in transactions.
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.