In addition to the annual review of the principles for the execution of orders in financial instruments, the bank ascertains and publishes a report for the top five executions venues in terms of trading volume. This report will be published on this website on a annual basis as part of the regulatory requirements and relates to the executed client orders of the previous year. The report also differs according to customer group and asset classes.
This document includes for each category of financial instrument a summary of the evaluation and conclusions of the supervision of achieved execution quality for the relevant places of execution where client orders were executed in the previous year.
Policies for the execution of orders in financial instruments
These policies apply to the execution of orders issued by both investment customers and professional clients to the bank for the purpose of purchasing or selling securities or other financial instruments (e. g., options).