Platforms seek new ways to curb last look abuse

Limiting response time for market-makers may become outdated method

mannequin-on-strings
Last look on its last legs?

Rules for last look liquidity providers are being tightened up by platforms that offer such liquidity streams, but the traditional way of limiting response time for market-makers may become outdated, as venues look to filter toxic liquidity from customer streams before flashing orders could appear on customers' screens.

A number of institutional FX trading platforms have tweaked their rules on last look liquidity, after the UK's Fair and Effective Markets Review (FEMR) called for more discussion

To continue reading...

You must be signed in to use this feature.

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: