- execution-only service
- /ˌeksɪkju:ʃ(ə)n 'əυnli ˌsɜ:vɪs/ nouna service which buys and sells shares for clients, but does not provide any advice and does not manage portfolios
Dictionary of banking and finance. 2015.
Dictionary of banking and finance. 2015.
execution only — The relationship between a firm and client under which the client merely instructs the firm to buy or sell. No advice is provided by the firm and consequently the suitability rules do not apply. Dresdner Kleinwort Wasserstein financial glossary A … Financial and business terms
Service-oriented architecture — (SOA) is a method for systems development and integration where functionality is grouped around business processes and packaged as interoperable services . SOA also describes IT infrastructure which allows different applications to exchange data… … Wikipedia
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Execution chamber — Death Chamber redirects here. For the martial arts film, see Shaolin Temple (1976 film). An execution chamber, or death chamber, is a room or chamber in which a legal execution is carried out. Execution chambers are almost always inside the walls … Wikipedia
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Service system — A service system (or customer service system, CSS) is a configuration of technology and organizational networks designed to deliver services that satisfy the needs, wants, or aspirations of customers. Marketing, operations, and global environment … Wikipedia