Because order execution feels instant, it’s easy to treat it as something straightforward. In this article, Elev8 will break down the mechanics of order execution in simple terms and explain what happens at each stage of the trade lifecycle. In fact, in margin-based CFD trading, an order is nothing more than a collection of electronic instructions sent to your trading platform. Most brokers receive the most current price data (quotes) from a broad pool of market data providers. This clarity will enable you to take full control of your trading execution and elevate your overall trading mastery.