This Week: EuroCTP, CME/DTCC, State Street, Broadridge and more

A summary of the latest financial technology news.

News

EuroCTP selects advisory board chair in bid to prove commitment to consolidated tape creation

EuroCTP, the company set up by 14 European exchanges in a bid to become the provider of the EU consolidated tape (CT) for equities, has announced its incorporation and the appointment of its supervisory board chair, Jorge Yzaguirre Scharfhausen, who is currently the chief executive officer at Bolsas y Mercados Españoles. Spokesperson Niels Tomm says EuroCTP is in the process of hiring a CEO, which it

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit broker dealers’ use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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