UK, EU prepare for bond tape tender as Ediphy enters fray
Competition for the role of consolidated tape provider is heating up as regulators confirm tenders to open in Q1 next year.

The finish line is in sight for the much-awaited consolidated tapes for bonds. The EU and UK regulators have had a busy summer laying the groundwork for their respective tender processes, and are poised to select a provider in the first half of 2025.
Plans to build the bond tapes—key pieces of market infrastructure that provide investors with a live stream of trade data from venues across the jurisdiction—have been in the making for decades. However, progress has stalled due to wrangling over how
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