Six big forex market-makers call for end to last look

Citadel Securities, Jump and Virtu among those repudiating controversial practice

FX-last-look-window
Risk.net montage

The six largest non-bank liquidity providers in foreign exchange are publicly calling for the practice of last look to be eradicated and replaced with firm pricing.

Citadel Securities, Flow Traders, HC Tech, Jump Trading, Virtu Financial and XTX Markets issued statements denouncing last look after Risk.net revealed opaque and inconsistent practices among market-makers.

“Jump is unequivocally opposed to last look, and we think it should not be a part of forex market structure,” says Mark Bruce,

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 individual account here: