EC set to phase-in consolidated tape rollout
Isda AGM: introduction will start with fixed income, then move to equities and OTC derivatives
The European Commission plans to phase-in the introduction of a consolidated tape for cash and over-the-counter derivatives trades, as it looks to enhance post-trade transparency in Europe’s securities markets.
“We are addressing the complexity of post-trade transparency with a project of consolidated tape for equities, fixed income and for potentially derivatives and exchange-traded funds. We don’t want to introduce it [for all assets classes], so this will be phased in over time,” said Tilman
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