Should I apply to FT? London

Hey guys,

I have just finished my SA at London BB without an offer and I am starting off as an off-cycle analyst at another bank.
I doubt that I will get a return offer after the off-cycle, as the slots might have already been filled by SAs.
The question is: should I apply to FT 2017 or its already too late? What do I do if the AC for FT occurs during my off-cycle? Is there some kind of a ban for rejecting an AC?

 

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