EU, US consolidated tape efforts pass important milestones
The IMD Wrap: Europe is setting up its first consolidated tapes of data, while the US is revamping its tapes into one. Both initiatives should bring greater transparency and efficiency to the capital markets.
I love tapes. I still have the classics on VHS and my favorite albums on cassette. And I don’t just mean from a hipster, retro point of view. I love being able to get records from my youth that never made it to streaming or even CD. And I love that the only place I can get them is thrift stores where I have to hunt for hours to find a few gems for $1 each.
In my experience, the biggest downside is that if exposed to damp conditions, mold can grow easily on each spool, and—perhaps more importantly
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