Debelle: last look will not be banned

GFXC head says market participants have a choice of whether to use a liquidity provider that employs the practice

guy-debelle
Guy Debelle: some of the largest firms have yet to sign up to the Code because they do not view it as a priority

The head of the industry body tasked with overseeing the FX Global Code of Conduct says last look will not be banned, despite some market participants apparently delaying signing the principles-based document because of the practice’s continued use.

“We aren’t going to ban last look. You don’t have to use last look. There are plenty of other providers who don’t use last look. You have a choice,” says Guy Debelle, chairman of the Global Foreign Exchange Committee (GFXC). 

Referring to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: