Is the equities tape slipping through Europe’s fingers?
The EU has finally reached a compromise on a consolidated tape. But Theo wonders if it is too little, too late.
What a year Sweden is having. First, Loreen takes home the Eurovision trophy on the 50th anniversary of ABBA’s historic win, then Sweden’s presidency of the Council of the EU ties up a project that has eluded lawmakers since 2014. And with just one day to spare before its rotating tenure ended. Twitter conspiracy theorists must be frothing at the mouth.
The project in question is the creation of a consolidated tape for equities—a live stream of share prices designed to “bring more transparency
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