Best Execution
The standard against which investment managers must assess the capabilities of brokers appointed by the fund, and in respect of which all benefits received through a client's brokerage must be disclosed.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series XIX-B← All terms