Best Execution is a policy adopted by the Access Private Bank (“the Bank”) and is required under the Rules of the Financial Conduct Authority and the Prudential Regulation Authority (FCA & PRA). The policy dictates that we obtain the best possible result when executing transactions for clients. The Bank defines the ‘best possible result’ as taking into account the following factors (in order of relative importance):
- Price and costs associated with the transaction
- Speed with which the transaction can be executed
- The likelihood of effective execution and settlement
- Size and nature of the order
- Any impact the order may have on the market
- Any other consideration relevant to the execution of the order