Best Execution

Business, Legal & Accounting Glossary

Definition: Best Execution

Best Execution

Quick Summary of Best Execution

The Stock Exchange rule that requires brokers to carry out a deal on behalf of a client at the best price available in the market. The concept of best price is hard to define. If a broker thinks that the market is falling, should they hang on before buying? Brokers have some discretion but, generally speaking, they execute deals immediately (as much for their own protection as anything else). Timely execution means carrying out the deal within 20 minutes of receiving the client instruction.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Best Execution. Payroll & Accounting Heaven Ltd.
December 06, 2022
Chicago Manual of Style (CMS):
Best Execution. Payroll & Accounting Heaven Ltd. (accessed: December 06, 2022).
American Psychological Association (APA):
Best Execution. Retrieved December 06, 2022
, from website:

Definition Sources

Definitions for Best Execution are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 0 Views.