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UK tipped to take lead on consolidated tape provision

Fixed income focus could pip European Union in race to provide market data golden source

Kay Swinburne

The UK has the opportunity to “grasp and rapidly implement” a consolidated tape particularly for fixed income markets, according to Kay Swinburne, chair of the International Regulatory Strategy Group, a cross-sectoral group representing the financial industry.

Swinburne said such a consolidated tape “might look like the early days of Trace, where you had only 20 names involved”, with more

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