No Customer Commissions Charged; Payment for Order Flow Disclosure Sample Clauses

No Customer Commissions Charged; Payment for Order Flow Disclosure. Customers are not charged commissions for sending securities orders or effecting securities transactions in a Customer’s Account[s] through OS and its Clearing Firm. Depending on the security traded and absent specific direction from the Customer, securities orders are routed to market centers (i.e., broker-dealers, exchanges and/or alternative trading systems/electronic communication networks) for execution. Routing decisions are based on a number of factors including the size of the order, the opportunity for price improvement and the quality of order executions, and decisions are regularly reviewed to ensure the duty of best execution is met. OS may receive compensation or other consideration for the placing of orders with market centers for execution. The amount of the compensation depends on the agreement reached with each venue. The source and nature of compensation relating to the Customer's transactions will be furnished upon written request. Please read OS’ Client Relationship Summary (“CRS”) for additional details on how OS is compensated for being Customer’s broker-dealer.
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Related to No Customer Commissions Charged; Payment for Order Flow Disclosure

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