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We recognize that there is definitely a need for multiple types of execution venues and that they together create this ecosystem in the U.S. securities industry or the secondary cash market trading that is actually quite rich and quite beneficial for its participants, and not everything should just go to an exchange.
This paper constitutes the first exercise of analysing the European carbon market efficiency from a double perspective combining both nature of execution venues (screen vs. OTC trading) and their volatility/liquidity relations.
Since all the Nasdaq execution venues are electronic, it would take less than a second to access our system to get a better price for investors.
After rejecting execution venues' substitutability, we advocate for systematic clearing and netting of OTC positions through a unique clearing house and reporting rules to identify speculation in line with Mifid (Art. 59) proposals.
The change in execution venues, from Tyburn to Newgate, also attracted criticism.
Scenes From an Execution.
The Autobiography of an Execution.
We had an execution problem.
Texas postponed an execution.
"It's an execution".
Protesters described the shooting as an "execution".
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