Examples of Allocation Policy in a sentence
Pursuant to the Execution and Allocation Policy, the Bank is also entitled to execute the Client’s order outside of the regulated market on its own account, unless the Client specifically instructs otherwise regarding the execution.In the event that the Client’s order applies to execution on a regulated market for which the Bank does not have the right to trade, the Bank will forward the Client’s order to an execution partner for execution.
In such a case, the Client will explicitly acknowledge that its instruction may exclude or restrict the execution of the provisions of the Execution and Allocation Policy, and the Client shall bear the consequences of the instruction.
In executing its Clients’ orders, drawing on its own experience, the market assessment and the nature of the financial instrument, the Bank takes all sufficient steps to obtain the best possible result for the Client in line with the principle of ‘best execution’ and in consideration of the execution criteria, factors and execution venues laid down in the Execution and Allocation Policy.
In selecting the execution venue, the Bank acts on the basis of the Execution and Allocation Policy.
If the Client gives instructions to the Bank during the performance or execution of the order in derogation of the provisions of the Execution and Allocation Policy, the Bank will attempt to execute the order in accordance with the Client’s instruction.