How is a trade order executed.?
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Execution is the completion of a buy or sell order for a security. The execution of an order occurs when it gets filled, not when the investor places it. When the investor submits the trade, it is sent to a broker, who then determines the best way for it to be executed.
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Explanation:
Trade execution occurs when the buy or sell order is fulfilled. When an investor intends to buy a financial security, he clicks the buy button in his online brokerage account, this order goes to his broker, dealer who sends this order to an exchange, or the market maker for 'execution'.
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