Best Ask

  

Categories: Trading, Metrics

The lowest price at which the seller of an item is willing to transact.

While working the kissing booth at a charity fundraiser, Shantal was approached by her ex-boyfriend, who had clearly just eaten a garlic-heavy meal, followed by several cigarettes. When he asked her how much of a donation was required for a kiss, she informed him that her best ask was "$1,000,000, and only if you were the last man on Earth."

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Finance: What is Best Execution?2 Views

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Finance allah shmoop What is best execution it's a toss

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up between marie antoinette william wallace and berlin ned stark

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and well this guy all right well in finance land

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however best execution happens when a broker in a transaction

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is giving the client the best price and service possible

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That might mean choosing the lowest prices on offers if

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the clients buying stocks or it might mean doing some

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fancy footwork financially to make a trade move smoothly and

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quickly that is the broker acting on behalf of her

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client is executing the transaction Best A client cletus wants

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a million shares of whatever dot com you the broker

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can offer a first traunch or ten percent of the

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order or one hundred thousand shares at twenty three thirteen

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But when you look on the computer matching box grid

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there's an offer to sell a million at the higher

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price of twenty three eighteen if those million higher price

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shares are sold suddenly in a block to someone else

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and glam o there's no supply in the market Well

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the stock likely pops You'd guess it would print up

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twenty maybe thirty cents a share within fifteen seconds of

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that trade getting announced well the client wanted a million

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shares but you the broker only got him one hundred

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thousand shares And yes you got it form a twenty

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three thirteen but that was only ten percent of what

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he wanted And now the best offer to buy those

01:27

shares is twenty three Forty So yes you've got the

01:30

first hundred thousand shares cheap but you didn't do what

01:32

your client wanted or order So what was the best

01:36

execution in this case Well you should have gotten cletus

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the million shares a twenty three eighteen That was the

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way to go and would've been the best execution of 00:01:45.308 --> [endTime] this trade Way better than this one

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