Sears: Euro Consolidated Tape Won't "Just Happen"


Speaking at the Mifid Forum in London yesterday, Guy Sears, director of wholesale at the Investment Management Association (IMA), delivered an illuminating address on the upcoming Mifid review.

"Mifid is an important directive for the buy side, but perhaps not the most important," he joked.

Commenting on the consolidated tape, a key aspect of the review which would allow for real-time reporting of prices and volumes of all stocks listed on a trading venue, Sears expressed his disappointment that

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