Post-trade transparency is the next focus – Chris Salmon

After September 21, the closing date of the last-look review, post-trade transparency may require further guidance

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Chris Salmon: “What is clear to me is that there is – at the very least – the potential for misuse of this specific feature (last look), as various ongoing misconduct cases bear testament to”

Following the resolution of the last-look consultation for the FX Global Code of Conduct, post-trade transparency could be an area where further guidance may be needed as demand for market data increases, despite rising levels of internalisation, said Chris Salmon, deputy head of markets at the Bank of England, in a speech.

Salmon, who is also chair of the Global Foreign Exchange Committee (GFXC), which is in charge of maintaining the Code, updated delegates on the progress of its adoption and

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