Panel Urges Euro Data Standards

One of the most pressing needs for standardization lies in the adoption of common tick sizes for stocks traded across multiple venues to ensure that exchanges and multilateral trading facilities do not compete over ever-smaller tick sizes, generating ever-larger volumes of data.

Graham Dick, head of European business development at Chi-X, said that venues have already made good progress on harmonizing tick sizes, pre-empting an announcement by the Federation of European Securities Exchanges of an

To continue reading...