- The policies and procedures for best execution must specifically address the process for achieving best execution that includes the following:
- for the execution of all client orders:
- requiring the Dealer Member to consider the instructions of a client, subject to its obligations under IIROC requirements and securities laws, and
- describing any material conflicts of interest that may arise when sending client orders for handling or execution and how these conflicts are to be managed,
- and,
- for the execution of client orders for listed securities and foreign exchange‑traded securities that trade on a Marketplace:
- describing the Dealer Member’s order handling and routing practices for achieving best execution,
- taking into account order and trade information from all appropriate Marketplaces,
- the rationale for accessing or not accessing particular Marketplaces, and
- the circumstances under which a Dealer Member will move an order entered on one Marketplace to another Marketplace.
- for the execution of all client orders:
There is no history log for this rule.
There is no history log for this rule.