[Verse 1]
When you're trading for your clients every day
There's a duty that you cannot push away
Best execution is the rule you must obey
Getting optimal results in every way
Price and speed and costs all come into play
Market impact matters more than what they say
[Chorus]
P-S-C-M-L-A, remember this array
Price Speed Cost Market impact Liquidity Access today
Best execution means you find the optimal way
P-S-C-M-L-A, that's how professionals play
Put your clients first in every single trade
That's the promise that you've made
[Verse 2]
Start by looking at the price that's on display
But the lowest number might just lead astray
Speed of execution keeps the slippage bay
Costs and commissions eat returns away
Hidden fees can make your best intentions fray
Transparency will keep you in the right way
[Chorus]
P-S-C-M-L-A, remember this array
Price Speed Cost Market impact Liquidity Access today
Best execution means you find the optimal way
P-S-C-M-L-A, that's how professionals play
Put your clients first in every single trade
That's the promise that you've made
[Bridge]
Document your process, keep records clean
Show your reasoning for choices made
Regular reviews of what you've seen
Compliance frameworks never fade
Market fragmentation makes it hard
But technology can be your guard
[Verse 3]
Large orders need a careful, measured pace
Market impact grows without a trading grace
Liquidity pools offer you a better space
Access to dark venues might win the race
Algorithms help you find the perfect place
But human judgment still must show its face
[Chorus]
P-S-C-M-L-A, remember this array
Price Speed Cost Market impact Liquidity Access today
Best execution means you find the optimal way
P-S-C-M-L-A, that's how professionals play
Put your clients first in every single trade
That's the promise that you've made
[Outro]
Best execution is more than just a rule
It's the foundation of our fiduciary tool
Serve your clients well and keep your conscience cool
That's the way of the professional school