Catalyst is continuously thinking of ways in which it can help its clients. We are in the process of updating and upgrading these investor pages to provide you with more tools to a) gain a greater understanding of financial services and financial investments and b) explain in plain English the policies and procedures we carry out every day to ensure that we treat our customers fairly.
Over recent months you may have heard of the Market in Financial Instruments Directive ('MiFID'). MiFID, which aims to bring a new set of common conduct of business and organisational rules for investment firms like ourselves, and to increase investor protection. MiFID came into force on the 1st November 2007 and Catalyst has updated its policies and procedures to take account of these important changes.
Below are two of the policies which Catalyst has amended in line with the regulatory requirements, we hope that this provides you with an insight into some of the many policies and processes that we follow in order to protect your interests.
Best Execution
MiFID requires us to give you best execution when executing orders on your behalf, that is, to take all reasonable steps to get the best possible result for you. Our Order Execution Policy below sets out how we will do this. If you place an order with us or otherwise continue to deal with us on or after 1 November 2007 you will have given express consent to this policy.
Conflicts of Interest
MiFID requires us to provide information about our Conflicts of Interest Policy. In broad terms we take all reasonable steps to prevent conflicts of interest from constituting or giving rise to a material risk of damage to the interests of our clients. If prevention is not possible then we disclose the general nature and/or sources of conflicts of interest. A summary of our policy is also provided below. If you place an order with us or otherwise continue to deal with us on or after 1 November 2007 you will have given express consent to our policy.
To further assist your understanding of what we do on a daily basis to ensure fair treatment of our customers, Catalyst will be launching a Treating Customers Fairly section to this Investor section shortly.
Conflicts of Interest Policy
Best Execution Policy
Execution Venues
Our Investor Guides are currently being updated and will be published shortly. If you would like information or assistance in this area please contact our Investment Advisers (FSA Approved Persons) :
IFA Sales - James Haupt (james.haupt[at]catalystinvestment.co.uk)
Retail Sales & Investment Broking - William Burn (will.burn[at]catalystinvestment.co.uk)
Corporate and Structured Finance - Andrew Wilkins (andrew.wilkins[at]catalystinvestment.co.uk)
