Pan-European Data: Consolidated Tape, or Just Red Tape?

IMD: It seems that a lot of vendors have launched, or are launching, their own "consolidated tapes" of European equity data. Does this eliminate the need for a regulated solution, similar to the US Consolidated Tape Association?
Morgan: A year ago... we expected that market forces would address client demand for data consolidation, and that has now played out. Certainly with what Thomson Reuters have done with their ".X" RIC (Reuters Instrument Code) and with our own Proquote product, there are

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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