Trade execution refers to the process of buying or selling securities or financial instruments. It involves the completion of a trade, from the moment an order is placed to the moment it is executed and settled. Trade execution can take place through various channels such as electronic trading platforms, over-the-counter (OTC) markets, or through a broker. The speed and efficiency of trade execution can have a significant impact on the outcome of a trade, especially in fast-moving markets. It is important for traders to have a reliable and efficient trade execution process in place to ensure that their orders are executed at the desired price and in a timely manner. Brokers and trading platforms have different execution algorithms and it is important to understand the order execution process of each platform before using it to make trades.