Barclays scraps additional hold time on last look


Barclays has formally removed the additional hold time it previously placed on electronic spot foreign exchange trades subject to last look – becoming the eighth liquidity provider to do so in the past six months.

The UK bank’s updated disclosure sheet, available on its website, states that it “does not use an extra hold time” when applying last look – adding that “Barclays’ systems apply last look and validation checks, and then book trades as quickly as possible, subject only to the

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

Leave A Reply

Your email address will not be published.