Order Execution Policy

1. Best Execution

Montrock Ltd is committed to treating clients fairly and takes all sufficient steps to achieve the best possible result for clients when executing orders, taking into account price, costs, speed, likelihood of execution and settlement, size, and nature of the order.

2. Order Execution Venues

Montrock Ltd acts as principal in CFD transactions. Orders are executed against Montrock Ltd's own inventory, with risk managed through hedging with regulated counterparties. Execution venues are reviewed periodically to ensure competitive pricing and execution quality.

3. Order Handling

• Orders are executed in the sequence they are received
• Client orders are not aggregated with proprietary orders
• All orders are timestamped and recorded for audit purposes
• Execution quality is monitored and reported quarterly

4. Monitoring and Review

This policy is reviewed annually and following any material change to execution arrangements. Execution quality data is reported to the Risk Committee quarterly.