When you apply to purchase a bond on our investment platform, your application will be processed on a first-come, first-served basis. Once an investment offer is closed, investments are issued directly by the company to the investor. These investments are not traded on a market of any kind.
So what does this have to do with “best execution” rules?
• “Best execution” means achieving the best possible result for customers when carrying out their orders via an execution venue.
• An “execution venue” refers to a facility that brings multiple parties together for buying and selling. This could be a regulated market, a multi-lateral trading facility (MTF), organised trading facility (OTF) or other entities that perform this role.
Because your transaction on our crowdfunding platform will not be carried out by an intermediary, third party or execution venue as defined above, nor do we provide a facility allowing you to resell your investment through an MTF, best execution rules do not apply.