Quality of Execution
Annual Report on Top 5 Execution Venues & Quality of Execution 2020
In accordance with regulatory obligations introduced on 3 January 2018 under MiFID II, investment firms who execute client orders are required to summarise and make public on an annual basis, for each class of financial instruments, the top five execution venues in terms of trading volumes where they execute client orders in the preceding year and information on the quality of execution obtained. The purpose of the report is to enable the public and investors to evaluate the quality of an investment firm’s execution practices. Separate reports are published for clients categorised as retail or professional.
Our Tailored Approach at BP PRIME
At BP PRIME, we prioritize price, costs, speed, and likelihood of execution in assessing execution quality. Depending on the client's trading style and preferences, we may use specific liquidity providers best suited to their profile, ensuring optimal pricing options.
Fair Execution Policy
BP PRIME maintains a fair approach with no specific arrangements regarding payments, discounts, or non-monetary benefits from execution venues. We uphold equal execution quality for all clients, irrespective of their classification, aligning with our high expectations.
Regulated and trusted broker
Our Best Execution Policy emphasizes price, cost, speed, and likelihood of execution as top criteria. We prioritize these factors above all else when assessing execution quality. If a client requires an alternative provider for specific products, our quality assessment remains consistent.