Definition ∞ Execution services refer to the facilities and processes that enable the buying and selling of financial instruments on behalf of clients. These services typically involve order routing, trade matching, and settlement procedures. They aim to achieve the best possible price and timely completion of transactions. Broker-dealers and exchanges are primary providers of these services.
Context ∞ In the digital asset space, execution services are evolving rapidly to accommodate cryptocurrency trading across various exchanges and decentralized platforms. Firms offer specialized services for institutional investors seeking efficient and secure ways to transact in digital currencies. News frequently reports on advancements in algorithmic trading, liquidity aggregation, and secure custody solutions for digital asset execution.