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.
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Therefore, an adviser must make such recommendations in accordance with FINRA’s suitability requirements in FINRA Rule 2111 and best execution requirements in Rule 5310.
Principal Transactions
According to Bourse Direct, the move is an effort to comply with MiFID's best execution requirements.
Bourse Direct signs up to Equiduct

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