EXECUTION ONLY
execution only: translation
The relationship between a firm and client under which the client merely instructs the firm to buy or sell. No advice is provided by the firm and consequently the suitability rules do not apply. Dresdner Kleinwort Wasserstein financial glossary
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A type of share dealing service where the customer make his or her own investment decision and the stockbroker just carries out the transaction.
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An execution only broker merely buys and sells shares on the instructions of the client. London Stock Exchange Glossary