This Conflict of Interest Policy Statement outlines how International Agio Crypto Ltd ("AC") manages the conflicts which can arise within AC, between AC and its customers and between customers of AC. This Policy is reviewed from time to time to take account of changes to operations or practices and, further, to make sure it remains appropriate to any changes in law, technology and the general business environment. This policy applies in respect of all activities undertaken by AC and employees of AC.
1. AC undertakes all trading as principal to its customers transactions, it hedges its net risk with counterparties which means that customers aims are more aligned with its own aims notwithstanding it is acting as principal in all transactions. As AC does not provide investment advice no conflict can arise from this source. AC only offers cryptocurrency trading and mining contracts, therefore any conflict which could arise between different product lines cannot exist.
2. AC takes responsibility for identifying and managing other conflicts of interest arising in its business that may entail a material risk of damage to the interests of customers. AC have considered, in particular, the potential conflicts of interest arising out of the execution of transactions for its customers.
3. The following measures have been adopted in relation to other conflicts of interest:
(a) When AC executes an order for a customer it does not give any preferential treatment to that customer to the detriment of other customers and does not disclose the details of one customer order to other customers.
(b) AC executes all orders electronically, in accordance with policies that comply with relevant rules and regulations in relation to transactions which are executed for or on behalf of customers. AC's procedures provide for the prompt, fair and expeditious execution of customer orders, relative to other orders. These procedures allow for the execution of otherwise comparable orders in accordance with the time of their receipt.
(c) AC's procedures are established to ensure that orders executed on behalf of customers are promptly and accurately recorded and that it carries out otherwise comparable orders sequentially and promptly unless the characteristics of the order or prevailing market conditions make this impractical or the interest of the customer requires otherwise.
(d) AC's procedures ensure that AC, its employees and affiliates cannot misuse information relating to pending customer orders.
(e) All employees of AC are prohibited from dealing on personal accounts to avoid any actual or perceived conflicts of interest.
(f) All employees of AC are prohibited from accepting gifts or other inducements from any person with any material interest which is likely to conflict to a material extent with any duty which AC and/or its employees owe in connection with its treating customers fairly policy or any duty which such a recipient owes to customers.
4. AC is committed to having an effective and appropriate compliance culture to enable it to deal with any new potential conflicts of interest which may arise in the future. AC's employees are therefore required to monitor any new circumstances giving rise to potential conflicts and to implement appropriate measures to address these.
5. In the unlikely event that AC's arrangements to manage conflicts of interest are not sufficient to ensure, with reasonable confidence, that risks of damage to the interests of a customer will be prevented, AC are required to clearly disclose the general nature and/or sources of conflicts of interest to a customer before undertaking business for them.
If you have any queries about this conflict of interest policy, or you wish to help us improve this Policy, please notify us by contacting us at: email@example.com