Best execution

Roles that need it

• Compliance Officer
• Conduct Risk Analyst
• Trading Analyst
• Markets Sales Analyst
• Portfolio Manager Assistant

Skills it belongs to

• Conduct and investor protection rules (MiFID II, FINRA, SEBI)
• Financial markets knowledge

Related concepts

• MiFID II (Markets in Financial Instruments Directive II)MiFID II, Directive 2014/65/EU, is the EU framework for investment services and trading venues. It sets authorisation, organisation and conduct rules for investment firms and banks providing investment services, including suitability, best execution, inducements, product governance and conflicts of interest. It applies since January 2018 with MiFIR.
• MiFIR (Markets in Financial Instruments Regulation)MiFIR, Regulation (EU) No 600/2014, is the directly applicable companion to MiFID II. It sets pre- and post-trade transparency for trading venues and investment firms, transaction reporting to authorities by the end of the next working day, the trading obligation and, after its 2024 review, the framework for consolidated tapes.
• Conflicts of interest (MiFID II)Conflicts of interest arise when a firm or its staff could benefit at a client's expense, or favour one client over another. MiFID II Article 23 requires firms to identify, prevent or manage them through a written policy, information barriers and remuneration controls, and to disclose them to clients as a last resort.

Sources

• Directive 2014/65/EU (MiFID II), EUR-Lex (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.