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‘Last look’ should be banned from FX – A head to head debate – Full
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The motion: ‘Last look’ should be banned from FX – A head to head debate, New York May 2016 between David Mercer (CEO, LMAX Exchange) and Isaac Lieberman (CEO, Aston Capital Management)
The motion: ‘Last look’ should be banned from FX – A head to head debate, between David Mercer (CEO, LMAX Exchange) and Isaac Lieberman (CEO, Aston Capital Management) at Profit & Loss Forex Network New York, May 2016.
David Mercer argues that the practice of ‘last look’ should be abolished in FX, stating that it was a business solution to a technology problem that no longer exists. Mercer refers to the recent ‘Restoring trust in FX’ market survey where 88% said the practice most open to abuse is ‘last look’. He also argues for a more transparent, robust and fair marketplace and asks, why doesn’t ‘last look’ exist in any other asset class?
David Mercer, LMAX Exchange CEO, shares insights. -
‘Last look’ should be banned from FX – A head to head debate – Part 1
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‘Last look’ should be banned from FX – A head to head debate – Part 2
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‘Last look’ should be banned from FX – A head to head debate – Part 3
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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 110.20 | EURUSD 1.11549 | AUDUSD 0.7198 | NZDUSD 0.67704 | USDCAD 1.30198 | USDCHF 0.99127 | GBPUSD 1.46977 | LMAX Highs and Lows 5am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.11870 | 1.11494 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 110.222 | 109.417 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.47192 | 1.46937 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.72169 | 0.71610 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.99168 […]
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Thursday Data to Influence Fed Timeline Expectations
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