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Electronic Trading Disclosure from NatWest Markets

As part of the commitment of NatWest Markets to transparency in the fixed income markets, the attached disclosure explains the concept of ‘last look’ and describes how NatWest Markets implements last look in respect of electronic trading of certain fixed income products.

Your continued trading with NatWest Markets following receipt of the attached disclosure shall constitute your acceptance and acknowledgement that you have read and understood the terms applicable to the electronic trading of fixed income transactions with NatWest Markets governed by this disclosure.

Should you have any queries regarding the attached disclosure please contact your usual NatWest Markets Fixed Income Sales representative.

NatWest Markets Plc. Registered in Scotland No 90312 with limited liability. Registered Office: 36 St Andrew Square, Edinburgh EH2 2YB.

Authorised in the UK by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.