Trading & Market Structure
Best Execution
Definition
What is Best Execution?
The duty or process of seeking the most favourable reasonably available trading outcome for a client.
Example in practice
How This Looks in Practice
The broker considers price, cost, speed, and likelihood of execution.
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Related Terms
Trading & Market Structure
Bid
The highest price a buyer is currently willing to pay for a security.
Trading & Market StructureAsk
The lowest price a seller is currently willing to accept for a security.
Trading & Market StructureBid-Ask Spread
The difference between the best available buying and selling prices.
Order TypesMarket Order
An instruction to buy or sell immediately at the best available prices.