Imported from previous forum
[ original email was from Vivien Lee - vivien.wm.lee@ing-barings.com ]
There’re 3 valid on HandlInst
1 - Automated execution order, private, no Broker intervention
2 - Automated execution order, public, Broker intervention OK
3 - Manual order, best execution
To me, it’s quite obvious that “1” is a STP order.
What’s the difference between 2 & 3. Also for “3”, Manual Order, Best execution, is it similar to CD/TD order?
How should end-user handle these orders?
Thanks