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Publication details
Best execution
Authors | |
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Year of publication | 2009 |
Type | Article in Periodical |
Magazine / Source | Finanční management. |
MU Faculty or unit | |
Citation | |
Field | Law sciences |
Keywords | Best execution; best conditions for the customer; revenue; securities dealer |
Description | A securities dealer is obliged to take all reasonable steps to achieve the best possible result. However, this requirement does not mandate the trader to achieve the best possible result for the customer at all times and that obligation can not be seen as a merchant absolute obligation. The aim of these modifications is that the trader has established and applied rules and procedures to achieve the best result and in accordance with acting on the implementation of each instruction. |