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BC-8.9.7

Factors relevant to whether the postponement of an existing customer order may be in the best interests of the customer include where:

(a) The customer order is received outside of normal trading hours;
(b) A foreseeable improvement in the level of liquidity in the financial instrument is likely to enhance the terms on which the conventional bank licensee can execute the order; or
(c) Executing the order as a series of partial executions over a period of time is likely to improve the terms on which the order as a whole is executed.
Added: April 2008