CESR Sets Standards for EU Trade Data Tape

PJ Di Giammarino, chief executive, JWG

The Committee of European Securities Regulators last week published a report proposing a common set of standards for identifying trade types across European trading venues, to help vendors provide a more consistent view of consolidated time and sales data for European equity markets, and suggesting clarifications to current MiFID trade reporting requirements to enhance data quality.

The report is the product of a CESR-led industry working group that comprises representatives from exchanges, data