TERMIUM Plus®

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REGLEMENT RELATIF PRIORITE ORDRES CLIENTELE [1 record]

Record 1 1991-11-12

English

Subject field(s)
  • Stock Exchange
  • Investment
CONT

... the preferential trading rule states that: Where the order of client competes at the same price with a non-client order (i.e., an order of an account in which a partner, director, officer, shareholder or employee of a member holds a direct or indirect interest or an arbitrage order), the client's order is given priority of execution over the non-client order.

French

Domaine(s)
  • Bourse
  • Investissements et placements
CONT

Le règlement relatif à la priorité des ordres de clients stipule que: «Lorsque l'ordre d'un client est, à conditions égales, en concurrence avec celui d'un professionnel (c.-à-d. un ordre pour un compte dans lequel un associé, un administrateur, un dirigeant, un actionnaire ou un employé d'un membre a un intérêt direct ou indirect ou un ordre d'arbitrage), l'ordre du client doit être exécuté avant celui du professionnel.

Spanish

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