
Ex-dividend Thirty-seven days before interest payment is due gilt-
edged stocks are made ‘ex-dividend’. After a stock has become ‘ex-
dividend’, a buyer of stock purchases it without the right to receive
the next (pending) interest payment.
Execute and eliminate order Type of order input into SETS.
The amount that can be tracked immediately against displayed
orders is completed, with the remainder being rejected.
Execution The action of trading in the markets.
Execution and clearing agreement An agreement signed
between the client and the clearing broker. This sets out the
terms by which the clearing broker will conduct business with the
client.
Execution ...