GFXC Frowns on Trading in the Last Look Window… with Exceptions

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GFXC Frowns on Trading in the Last Look Window… with Exceptions – Profit & Loss

The Global Foreign Exchange Committee (GFXC) says it has concluded that Principle 17 “should indicate that market participants should not undertake trading activity that utilises the information from the client’s trade request during the last look window”.

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Pound Falls Fast After Theresa May No-Confidence Report

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Pound Falls Fast After Theresa May No-Confidence Report – Financial Times (subscription)

The pound fell sharply following weekend reports that 40 Conservative MPs had agreed to sign a letter of no confidence in Theresa May, UK prime minister, and Eurosceptic cabinet ministers pushed her to take a tougher line on Brexit.

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