There was a topic on the Runic games forum on this. I'ts a bit complicated.
If you have lower than 100% execute chance, each execute procs from first your main hand weapon and then your off hand weapon. It switches.
If you have exactly 100% execute chance, some say it's completely random, but newer tests is showing that they proc from your main hand weapon.
This is the thread:
http://forums.runicgames.com/viewtopic.php?f=44&t=43276Try having a very slow weapon in one hand and a very fast in the other, and then compare with 100% execute chance to be sure. I havent tested it myself.