Legal

Order Execution Policy

This Order Execution Policy (“Policy”) outlines the principles and procedures that ProFinance Holdings (“Company”, “we”, “us”, or “our”) follows to ensure the best possible execution of client orders when trading financial instruments through our platform. By using our services, you agree to this Policy.

1. Purpose

1.1. The purpose of this Policy is to provide transparency about how we execute orders on behalf of our clients and to ensure we take all sufficient steps to obtain the best possible result for our clients.

2. Scope

2.1. This Policy applies to the execution of all orders on behalf of retail and professional clients, across all financial instruments offered by the Company.

3. Execution Factors

3.1. When executing orders, we take into account various factors, including but not limited to:

  • Price: The price at which the order is executed.
  • Costs: The costs associated with the execution of the order.
  • Speed: The speed at which the order can be executed.
  • Likelihood of execution and settlement: The probability that the order will be executed and settled.
  • Order size and nature: The size and type of order and its impact on the market.
  • Market conditions: Current market conditions, including volatility and liquidity.

4. Execution Venues

4.1. We execute client orders on the following types of venues:

  • Regulated Markets: Official trading venues such as stock exchanges.
  • Multilateral Trading Facilities (MTFs): Non-exchange trading venues.
  • Organised Trading Facilities (OTFs): Platforms for trading financial instruments.
  • Systematic Internalisers: Firms that execute client orders internally.

4.2. We may also use third-party brokers or liquidity providers to facilitate the execution of orders.

5. Best Execution Criteria

5.1. We will determine the relative importance of the execution factors by considering:

  • The characteristics of the client (retail or professional).
  • The characteristics of the client order.
  • The characteristics of the financial instruments involved.
  • The characteristics of the execution venues to which the order can be directed.

5.2. For retail clients, the best possible result is determined primarily in terms of the total consideration, representing the price of the financial instrument and the costs related to execution.

6. Order Handling

6.1. We strive to execute client orders promptly and fairly, ensuring that they are processed in the order in which they are received, unless specific instructions from the client dictate otherwise.

6.2. If a client provides specific instructions for the execution of an order, we will follow those instructions to the extent possible. However, specific instructions may prevent us from taking steps designed to obtain the best possible result.

7. Monitoring and Review

7.1. We regularly monitor the effectiveness of our order execution arrangements and this Policy to identify and, where appropriate, correct any deficiencies.

7.2. We review this Policy at least annually and whenever a material change occurs that affects our ability to obtain the best possible result for our clients.

8. Client Consent

8.1. By using our services, clients consent to their orders being executed in accordance with this Policy.

9. Contact Information

9.1. If you have any questions or require further information about this Policy, please contact us at contact@capitalprofx.com.