8.1. Ultima Markets does NOT receive ‘Payment for Order Flow’, meaning that we do not receive commission or fees for arranging transactions with market makers, thereby ensuring that there is no conflict created by fees in our execution arrangements.

10.1. Ultima Markets recognizes that conflicts may exist between the interests of Ultima Markets and its clients. The platform on which orders are transmitted will display the best available price from one of our chosen liquidity providers that we have determined (based on several execution factors) to be suitable for certain market orders.

4. EXECUTION VENUES
4.1. Ultima Markets receives price feeds from liquidity providers. Having multiple liquidity providers is important especially during abnormal market conditions, such as at times of extreme volatility as the firm is still able to provide its clients with competitive prices. Ultima Markets has elected to appoint various liquidity providers/execution venues to whom all orders will be transmitted for execution. They are also our technology providers.

4.2. Ultima Markets has identified those venues on which Ultima Markets will most regularly seek to transmit your orders, and which Ultima Markets believes offer the best prospects for achieving the best possible results for you, considering the execution factors detailed below. One of our liquidity providers has common shareholdings with Ultima Markets, which has been identified to be a conflict of interest, however this conflict is carefully managed by Ultima Markets through its best execution policy.