CFA Institute Calls for EC Consolidated Tape

"The key finding of the survey is that we are supporters of having a consolidated tape introduced into Europe," says Rhodri Preece, policy analyst at the CFA Institute in London and author of the research.

According to a survey of roughly 1,700 CFA charterholders, two-thirds of respondents believe the cost of data access has increased since the introduction of MiFID in November 2007. These increased data costs have been driven by the need to invest in technology to source low-latency data from mu