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 ?
The unique Equiduct market model meets the four points of the best execution requirement under MiFID.
Calls can be tagged directly to trades to meet best execution requirements.
According to Bourse Direct, the move is an effort to comply with MiFID's best execution requirements.
In highly liquid markets such as equities, a number of sophisticated approaches are widely accepted to measure the main components of trading costs - known as transaction cost analysis (TCA) - and thereby help support customers' best execution requirements.
With the ability to trade on Chi-X Canada, Portware customers can better meet their best execution requirements and improve investment performance.
The Markets in Financial Instruments Directive (MiFID) also reinforced adoption of CSAs through its best execution requirements.
PlusBook is designed to help customers meet their best execution requirements - it provides price transparency and allows for more efficient pre and post-trade analysis.
The consolidated price will enable clients to comply with the Markets in Financial Instruments Directive's (MiFID) best execution requirements via a special type of Reuters Instrument Code (RIC) known as ".
RedSky's proprietary direct market access technology enables traders to electronically receive prices from multiple sources and route orders to leading market destinations, while meeting best execution requirements and managing risk.
The new version will support a number of innovations (to be announced) specifically designed to meet the Best Execution requirements that institutional investors will face when Reg NMS becomes effective.
MiFID is rightly focusing the industry's attention on meeting best execution requirements.
From best execution requirements to the dissemination of real-time data - traders cannot overestimate the importance of keeping ahead of Reg NMS.