EC drafting proposal for derivatives consolidated tape

Commission official says beta version ready for testing in 2023 will also include equities, bonds and ETFs

magnetic tape

The European Commission will draft in the next few months a proposal for a consolidated tape in Europe covering “certain strategic asset classes in the derivatives world”—as well as equities, bonds, and exchange-traded funds (ETFs)—with a beta version ready for testing in 2023.

Tilman Lueder, head of the securities markets unit at the EC, told a conference on June 23: “We’re still of the opinion that this can be provided by private initiative. We have had many conversations with very motivated

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