Tag: industry feedback

industry feedback

And Finally…

The feedback period for Principle 17 of the Global Code – dealing with last look in FX markets – is over and we await the outcome. My understanding is that the outcome will not be as clear cut as many thought just a short while ago, but, sticking my neck on the line, I am happy to predict which way the decision will fall. After all, the legal industry is already circling FX on this issue – why give it more ammunition?