Best Execution

Business, Legal & Accounting Glossary

Definition: 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.



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Best Execution. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/best-execution/ (accessed: November 25, 2020).
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Best Execution. PayrollHeaven.com. Retrieved November 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/best-execution/

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.