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Order selection policy and types of orders
What is the order selection policy?
The document is available here. The purpose of this document is to inform Keytrade Bank customers about the measures Keytrade Bank takes to comply with its obligation to act in its customers' best interests when it receives orders for financial instruments and transmits them to a third party for execution, or when the Bank transmits orders to third parties arising from investment decisions it takes on behalf of its customers as part of the KEYPRIVATE portfolio management service.
What different types of order are possible, and what are their consequences in terms of execution?
The different possible types of order, depending on the Place of Execution and their consequences for execution, are defined in the market trading rules here.
Orders with a specific instruction regarding the price or volume (all types of order other than orders at market price) are classified as specific instructions.