What is Execution?

The completion of a buy or sell order in the market.

In-Depth Explanation

Execution speed (latency) is a critical factor for day traders. High-quality brokers provide lightning-fast execution to minimize slippage.

"The trader clicked "Buy" and the execution happened in 15 milliseconds at the exact price requested."

Knowing the terms is just the start. Learning how to apply them is where the edge is found.