Collective Investment Schemes Control Act, 2002 (Act No. 45 of 2002)

Board Notices

Determination on the requirements for hedge funds

Part 4 : General Provisions Applicable to all Hedge Fund

25. Execution

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A manager must take reasonable steps to ensure the best possible execution result for a transaction, taking into account price, costs, speed, likelihood of execution and settlement, the nature and size of the order and any other consideration relevant to the execution of the order.