RBC Capital Markets: all e-FX trades subject to last look

The bank commits to FX Global Code of Conduct and publishes Ficc client notice

eye-spy-snoop-numbers
Last look checks: RBC Capital Markets says it applies hold times of 0–100 milliseconds

RBC Capital Markets (RBCCM) has published a notice to clients outlining its practices in fixed-income, currencies and commodities trading (Ficc), which states all electronic FX trades are subject to last look checks with holding periods ranging between 0 and 100 milliseconds.

The bank, which formally committed to the FX Global Code of Conduct on February 28, says its implementation of the last look functionality allows it to quote and maintain tighter bid/offer spreads for its clients as a

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com 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 FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: