# Internalization

- Canonical URL: https://www.gerhardmerk.de/internalization
- Post ID: 588279
- Modified: 2023-07-25T21:00:13+00:00
- Language: en

## Definition

In financial markets, this refers to the institute-internal execution of client orders. This is done either via certain trading systems in which the bank in question participates, such as Xetra Best Execution on the Frankfurt Stock Exchange in particular, or via the banks' own in-house channels. - See Stock exchange duty, In-house system, Conflict of interest. - Cf. BaFin Annual Report 2002, p. 77 f., Deutsche Bundesbank Monthly Report of July 2004, p. 39. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1