Home Contact Sitemap


Financial Information

Joint Venture Opportunity

We are looking to develop this website and are looking for joint venture partners
or someone to take this website to the next level. Please contact us here.



Best execution

Powered by BSurprised WP-WikiBox Creative Commons License From Wikipedia, the free encyclopedia

Best execution refers to the duty of an investment services firm (such as a stock broker) executing orders on behalf of customers to ensure the best execution possible for their customers' orders. Some of the factors the broker must consider when seeking best execution of their customers' orders include: the opportunity to get a better price than what Is currently quoted, and the likelihood and speed of execution.

In Europe there has been an attempt to define "best execution" within the Markets in Financial Instruments Directive (MiFID), which introduces the principle that all financial services firms carrying out transactions on their clients' behalf: "must take all reasonable steps to obtain the best possible result, taking into account price, costs, speed, likelihood of execution and settlement, size, nature or any other consideration relevant to the execution of the order."

For most broker-dealers or execution agents, best executions are usually optimally constructed via either static or dynamic programming.

. 06 Oct 11 | Uncategorized

Comments are closed.