Best Execution Committee Clause Samples

The Best Execution Committee clause establishes a designated group responsible for overseeing and ensuring that all transactions, typically in financial or investment contexts, are executed under the most favorable terms available. This committee reviews execution quality, monitors trading practices, and may set policies or guidelines to optimize outcomes for clients or the organization. By centralizing oversight, the clause helps maintain high standards of execution, mitigates conflicts of interest, and ensures compliance with regulatory requirements, ultimately protecting stakeholders and promoting transparency.
Best Execution Committee. 14.1. Mirabaud has established a Best Execution Committee (“Committee”) comprised of members of senior management, trading teams and Compliance. The Committee meets quarterly to review execution quality, which covers the performance of execution venues, algorithms, intermediary brokers and routing systems. Other duties of the Committee are to approve new intermediary brokers and to discuss market structure updates, regulatory development and legal changes that may affect execution and routing decisions.
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