Examples of Execution Factors in a sentence
Subject to proper consideration of the Execution Criteria and Execution Factors referred to above, where there is more than one competing Execution Venue to execute an order for a financial instrument, the Company shall assess and compare the results for the client that would be achieved by executing the order on each of the Execution Venues.
However, in some circumstances, reference to the Execution Criteria may appropriately determine that other Execution Factors have greater importance in achieving the best possible result for the client.
Having assessed the relevant Execution Factors and Execution Criteria, and in consideration of any specific instructions provided by the Client, we will select the most appropriate Execution Venue to achieve consistently the best overall result on the Client’s behalf.
Furthermore, in the case of any communication or technical failure, as well as any incorrect reflection on the quotes feed, the Company reserves the right not to execute an order or change the opening and/or closing price of a particular order.The Company will determine the relative importance of the Execution Factors by using its commercial judgment and experience in the light of the information available on the market and taking into account the Execution Criteria described below.
In situations outlined above where Xxxxxx executes Client Orders and owes a duty of Best Execution, all reasonable steps will be taken to obtain the best possible execution result on a consistent basis taking into account the following Execution Factors: • price, • cost, • speed of execution, • likelihood of execution and settlement reliability, • order size, • nature of Client Order or any other consideration relevant to the execution of the Client Order.
Based on the above Execution Factors and Execution Criteria, and subject to any specific client instruction, Xxxxxx will exercise discretion, based on market experience, knowledge, commercial judgement, the relevant Security and the type of Client Order to obtain the BPR with regards to the execution of a Client Order.
Unless otherwise stated in a Specific Instruction, we will rank Execution Factors as follows: price, likelihood of execution and the remaining factors are generally given equal ranking.
The Execution Factors that the Company will take into account when executing orders will include price, costs, speed, likelihood of execution and settlement, size, nature or any other relevant factor.
In providing Best Execution on financial products admitted to trading on a Trading Venue, we may, when considering the Execution Factors, decide to execute a client order outside a Trading Venue.
The Schedules to this Policy provide information on how the Execution Factors are prioritised for each class of Financial Instrument (Asset Class).