3122. Best execution process

Or jump to a Series:

    1. The  policies and procedures for best execution must specifically address the process for achieving best execution that includes the following:
      1. for the execution of all client orders:
        1. requiring the Dealer Member to consider the instructions of a client, subject to its obligations under IIROC requirements and securities laws, and
        2. 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, 
      2. and,
      3. for the execution of client orders for listed securities and foreign exchange‑traded securities that trade on a Marketplace:
        1. describing the Dealer Member’s order handling and routing practices for achieving best execution,
        2. taking into account order and trade information from all appropriate Marketplaces,
        3. the rationale for accessing or not accessing particular Marketplaces, and
        4. the circumstances under which a Dealer Member will move an order entered on one Marketplace to another Marketplace.

    There is no history log for this rule.

    There is no history log for this rule.