Hi what does "last look" rule/functionality mean in trading? I came across this

Hi what does "last look" rule/functionality mean in trading? I came across this ----- Last look is where the FX dealer who is providing you with the price gets a change to review your order before he/she accepts it. They could re-quote you another price. ----- There may be other meanings, but...In RFQ-based trading, it's where a trader (usually retail) …