Order Execution Policy - Al Mithaq Investment

This policy has been prepared in line with Al Mithaq Investment’s obligations towards its clients, ensuring that trading orders are executed in accordance with best market practices, while adhering to transparency, integrity, and regulatory standards in the Sultanate of Oman.

Purpose of the Policy

This policy aims to clarify how the company handles client trading orders, whether buying or selling, and to define the standards adopted to ensure the 'best possible execution'.

    Types of Orders Covered

    This policy includes all types of trading orders executed by clients via the platform:

    • Market Orders
    • Limit Orders
    • Stop Orders
    • Pending Orders
    • Conditional Execution Orders (OCO / If-Then)

    Order Execution Factors

    When executing any trading order, the company considers several factors to ensure the best execution:

    • Price: We always aim to offer the best available price at the time of execution.
    • Speed: We rely on liquidity providers with strong infrastructure to ensure fast execution.
    • Likelihood of Execution: Orders are only executed if sufficient liquidity is available.
    • Order Size: Large orders may be affected by price slippage.
    • Type of Financial Instrument: The execution mechanism varies depending on the traded asset (Forex, Stocks, Commodities, etc.).

    Pricing Sources

    We obtain prices from a network of liquidity providers and global banks, which are updated in real-time within the platform.

    • Prices fluctuate according to market volatility.
    • Prices are affected by real-time liquidity conditions.

    Price Slippage

    During times of extreme market volatility or low liquidity, the order may be executed at a price different from the requested one.

    • Price slippage is not a breach of policy.
    • It is a direct result of market movement.

    Order Rejection

    The company reserves the right to reject any order in the following cases:

    • Insufficient balance or margin
    • Technical failure in the platform
    • Violation of trading or usage terms
    • Suspicion of manipulation or illegal trading

    Trading Hours

    The company follows international market hours for various assets and updates the trading schedule on the platform.

    • Outside market hours, order execution is suspended.
    • Orders are re-executed upon market opening.

    Policy Review

    The company reviews the order execution policy periodically (at least once a year), or when regulatory or operational changes affect the execution mechanism.

      Client Approval

      By opening an account and submitting trading orders, the client acknowledges that they have read and understood the order execution policy and agree to have their orders executed accordingly.