Betterment Securities negotiates with our trading partners to strive to execute transactions on the most favorable terms available. Its execution procedures are designed to attempt to obtain the best execution possible, although there can be no assurance that it will always be obtained. To this end, Betterment Securities takes a number of factors into consideration in determining how to execute trades, including the speed of execution, price improvement opportunities, the availability of efficient and reliable order handling systems, the level of service provided, and the cost of executing orders. Betterment Securities regularly reviews transactions to ensure that it receives good execution of its orders.