Barclays opens up forex desks to last-look lawsuit

Agreement will help investors pursue other market-makers

Regulators and plaintiffs are taking aim at last-look

UK bank Barclays will turn over information from people in its foreign exchange divisions who have the most insight into the use of its last-look practices and the breadth of its impact.

This level of co-operation is expected to provide investors with the ammunition they need to pursue other market-makers who they believe benefited from rejecting deals if the price moved in favour of the customer.

The co-operation provision is part of a $50 million settlement agreement to a class-action claim

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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