Last look consultation closes, outcome uncertain

Responses to GFXC’s consultation on last look will be published before the body meets on November 14

Chris Salmon: “What is clear to me is that there is, at the very least, the potential for misuse of this specific feature”

The Global Foreign Exchange Committee (GFXC) has concluded its consultation on last look and the use of trading information in the last look window, with responses set to be published shortly before the body meets to discuss the issue on November 14.

A spokesperson for Chris Salmon, chair of the GFXC, declined to disclose the number of feedback papers received by the committee or to go into details about the content of responses.

FX Week has obtained two feedback papers – from trading platform

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