Article 722-11 into force since
- Version into force since
I. - When buying or selling digital assets, the digital assets services provider shall endeavour to obtain the best possible result for its clients when buying or selling taking into account one or more of the following criteria: whether or not the services provider is licensed by the AMF in accordance with Article L. 54-10-5 of the Monetary and Financial Code, the price, cost, speed, the conditions of custody of the digital assets, and any other consideration relating to execution of the order. In this respect it shall comply with its order execution policy that it has previously published on its website. However, whenever the client gives a specific instruction concerning the processing of its order, the digital assets services provider shall execute the order in accordance with that instruction.
II. - Without prejudice to the provisions of Article 721-10, the digital assets services provider shall receive no financial incentive or incentive of any other type for the routing of an order to another determined digital assets services provider or another person entering into transactions on such assets.
Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02