Euro Consolidated Tape Debate Heats Up

In the latest initiatives, Bloomberg and Thomson Reuters have recently made changes to their consolidated European equity datafeeds, to allow users to strip out real-time data from OTC trade reporting mechanisms to save subscription costs. Both vendors have offered consolidated European equity market data since MiFID ended concentration rules in November 2007, prompting the launch of new OTC trade reporting facilities and MTFs.

From February, Bloomberg will display consolidated real-time Level 1