What protections do professional clients forego and do ADSS professional client still receive the same order execution as retail clients?
Negative balance protections don’t apply to professional clients, who have an obligation to make additional payments if their account falls into a negative balance. ADSS can use more sophisticated language when talking to professional clients. ADSS may assume a level of knowledge and experience when assessing whether our products are appropriate for professional clients. For professional clients we may prioritise other factors such as speed and likelihood of execution, if we determine they are equally or more important than overall price. In practice, we don’t change the way we execute your orders. When executing orders for you, ADSS take all sufficient steps to obtain the “best possible result” for you. However, the requirement for Retail Clients, to determine the best possible result in terms of total consideration for the transaction does not apply to Professional Clients.