Order Execution Policy

The MidChains FZE (the “Firm”) trading team manually places orders through voice-broking with a liquidity provider, and the order will be routed based on the best price. All the Execution Factors are considered by the Firm to ensure Best Execution for the Client.

If an order is placed through MidChains’ Smart Order Router, the following factors will be considered by the Firm:

• Price

• Cost of execution

• Available balances/credit limits on venues

• Likelihood of execution

• Size of order

The order may be split across multiple venues if this is likely to achieve the best overall execution for the client.