At The Brook Securities Limited, we are committed to executing client orders in a fair, timely, and transparent manner while seeking the best possible outcomes for our clients. Our Order Handling and Best Execution Policy ensure that all transactions are carried out with due care, professionalism, and in compliance with applicable regulatory requirements.
When executing client orders, we consider key factors such as price, cost, speed of execution, likelihood of settlement, order size, and prevailing market conditions to achieve the most favourable result reasonably available. Where clients provide specific instructions, we execute orders in accordance with those instructions. We execute transactions through recognized and regulated markets, including the Nigerian Exchange Limited (NGX), and NASD Plc. Our processes are designed to ensure prompt execution, accurate record-keeping, equitable treatment of clients, and transparent allocation of trades. Policies are structured to prevent the firm’s proprietary trades from taking priority over client orders and to avoid front-running or insider dealing
Where appropriate, client orders may be aggregated to achieve greater efficiency and cost effectiveness. In such cases, allocations are made fairly and in accordance with established procedures to ensure no client is disadvantaged.
The Brook Securities Limited maintains robust monitoring and record-keeping processes to ensure compliance with regulatory requirements and continuous improvement of our execution standards. This policy is reviewed periodically to reflect changes in market practices and applicable regulations.
For further information on our Order Handling and Best Execution practices, clients may contact our team through the customer service channels.