Recital 1

(1)To ensure that clients are informed in a clear and comprehensible manner on the way their orders will be executed, investment firms should provide them with certain information on the firms’ internal order execution policy prepared by the firms in line with the requirements set out in Commission Delegated Regulation (EU) 2017/565 ² . The order execution policy should ensure that the selection of execution venues consistently enables investment firms to achieve the best possible result when executing client orders. Investment firms should apply their internal governance procedures on the selection of execution venues and keep an up-to-date list of the execution venues they have selected.