CTA, UTP to merge into single Consolidated Tape Plan under DataCT
Randall Hopkins, former head of market data at Nasdaq, will join the new company to build and run it.
DataCT, an independent arm of exchange technology provider DataBP, is preparing to take over administration of the US Consolidated Tape Association (CTA) and the Unlisted Trading Privileges (UTP) plans for consolidated data from the New York Stock Exchange and Nasdaq, WatersTechnology understands.
The CT Plan, the Securities and Exchange Commission (SEC)-appointed organization overseeing the migration process, says there will be no material changes to the different tapes of data, or the technical
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