“Best execution” rules, which exist to make certain types of costs and processes more transparent to investors, will not apply to your investments on our platform, and we need to explain why that is.
When you apply to purchase a share or bond or lend money through our platform, your request will be processed on a first-come, first-served basis. Once a project is closed, investments and loans are processed directly by the company to the investor. These are not traded on a market of any kind.
So what does this have to do with “best execution” rules?
Because your transaction on our platform will not be carried out by an intermediary, third party or execution venue as defined above, nor do we provide a facility allowing you to resell your investment through an MTF, best execution rules do not apply.