Tag: Last Look

August 10, 2017 BY admin

XTX Markets moves Forex business to 'zero hold time' last look model

Leading non-bank forex liquidity provider XTX Markets announced today it is now operating a ‘zero hold time’ (ZHT) model in its application of last look to its FX counterparty businesses. This is in response to market structure changes and is in accordance with the principles of the recently published Global FX Code. Until the new…

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