CFA Institute calls for EC consolidated tape

The European Commission should seek to address concerns about the cost and quality of European market data by introducing a US-style consolidated tape when it reviews the impact of the Markets in Financial Instruments Directive (MiFID) next year, according to research published last week by the CFA Institute, a global association of qualified Chartered Financial Analysts.

"The key finding of the survey is that we are supporters of having a consolidated tape introduced into Europe," says Rhodri

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