Risk.net: Both bank and non-bank liquidity providers’ last look disclosures leave much to be desired

8 August 2019

Research conducted by Risk.net on the top 50 FX liquidity providers reveals considerable variation in the level of disclosures as well as actual practices. James Wood-Collins, Chief Executive Officer of Record Currency Management, stresses the importance of agents understanding and navigating these last look practices, if they are to be prudent fiduciaries for their clients.

For part one of this series, click here, and for part two, click here (subscription may be required).