When establishing the business relationship with the client the investment firm might ask the client or potential client to consent at the same time to the execution policy as well as to the possibility that his orders may be executed outside a regulated market or an MTF.
◷
New version applies from 04/01/2011 — introduced by Directive 2010/78/EU.
103 provisions change.
Later versions: 03/01/2018.
Recital 35 changes in this version: compare with the current text.