Consolidated Tape

The FCA concluded its comment period for Policy Statement for the framework for UK consolidated tape (CT) on the 9th of February 2024. We think there will need to be “give and take” in the short term to get the CT up-and-running the soonest and will need to remain flexible for right-...

The UK and the EU are charging forward in planning a single Consolidated Tape (CT) for each asset class in their respective region. The British and the Europeans are reckoning that the US’s Decentralized Consolidated Model (DCM) under Market Data Infrastructure Rule (MDIR) is impractical....