Consolidated tape
Industry Slams Mifid II Data Quality
Troubles still plague reported data and transparency objectives, say fixed-income execs.
Nasdaq, User Groups Fire Opening Salvoes in Looming Battle Over SIP Data Fees
As the SEC prepares to host a two-day event to tackle market data access and fee issues, industry user groups and Nasdaq have laid out their positions on SIP reform. Max Bowie reports.
Consolidated Tape Headed for a Regulation Delegation
Whether through an industry initiative or a delegated acts, a consolidated tape provider will be established in Europe, and the industry could lose out if the regulators dictate the terms.
Schwab, E*Trade, TD Execs Join SIP Advisory Committee
The trio of execs bring decades of experience in the financial services and market data industries.
Bad Blood: Regulators Lose Patience with Mifid II’s Dirty Data
Problems and bad practices continue to plague Europe's vision of a new transparency regime. An inside look.
Esma Probes APAs Amid Mifid Trade Data Issues
Approved Publication Arrangements—a critical component in the new Mifid II European markets regulation—may be falling short of their requirements under the new transparency rules, and have drawn Esma’s attention. By Samuel Wilkes, with additional…
SIPs Publish Historical Consolidated Tape Revenue
Officials say that making the new data available is part of continuing efforts to increase transparency around the SIPs.
Panel: Buy Side Should Build Consolidated Tape for FX
Speakers at a conference organized by Inside Market Data stablemate FX Week believe a consolidated tape of FX data is needed to support increasingly data-intense analytics. FX Week editor Eva Szalay reports on the arguments behind calls for an…
FCA Likely to Review Consolidated Data in 2018
It is looking increasingly likely that no consolidated tape provider will be authorized by the time Mifid II comes into force Jan. 3; regulators call lack of authorized CTP an “ongoing issue.”
January 2017: The (Probably) Final Countdown
With MiFID II just 12 months away, Max previews this issue of Inside Data Management's focus on the upcoming European regulation.
One Tape to Rule Them All
A key component of MiFID II is a pan-European consolidated tape. Yet the regulators' preferred option of an industry-led solution has yet to appear.
A Very Data Christmas Carol: Silent Night
Max delivers his rundown of the top themes of the year... in verse!
UPDATE: TMX Speeds Consolidated Feed, Adds Non-Protected Feed
The project reduces latency and footprint for a platform originally built by NYSE Technologies eight years ago.
FIX Urges Takeup of V3 of MMT Trade Data Standard
With no single consolidated tape of pan-European data, standards adoption becomes ever-more important.
Industry Reaction Mixed Following Aequitas' Call for Investigation into 'Anti-Competitive' TMX Data Practices
Aequitas alleges that TMX basically operates a monopoly and charges prohibitive fees for consolidated Canadian data.
Leaked EC Draft Seeks to Clarify Ambiguity in MiFID 2 Data Rules
In the draft document, the European Commission attempts to address uncertainty around the obligations of market participants under MiFID 2.
Activ Adds Nasdaq Basic Feed to ActivFeed
The data will give Activ clients an alternative to official US consolidated tape feeds.
IEX Slams NYSE’s Unbundled Last Trade Plan, Citing Data Disparity with CTA Feed
The vendor says NYSE's plan to offer more granular last trade data on its proprietary feeds disadvantages consolidated feed users.
Aquis CEO Haynes: Feeds Will Stay Free Until Europe Gets Data Shake-Up
Trading venue will not introduce data fees until its free model has pressured incumbents to lower their own fees.
MarketAxess Debuts ‘Axess All' EU Bond Trade Tape
Fixed income trading platform MarketAxess has launched Axess All, a service that provides aggregated pricing and volume for the most actively traded European bonds, and which the company describes as the industry's first intraday tape of trade data for…
2014 Review: ESMA Weighs in on EU Consolidated Tape; Details TBC
While 2014 saw European regulators take important steps towards making a pan-European consolidated tape a reality, market data professionals are still waiting for the crucial details that will shape its implementation.
2014 Review: In US, Consolidated Tape Saga Comes Full Circle
While Europe has yet to establish a consolidated tape, the US market spent 2014 pushing through changes to make its own tapes more resilient to market outages following a series of glitches last year. However, the path towards change was not smooth.
Opening Cross: Will Cost Concerns Neuter Future Litters of CATs?
Belgian beer-maker Stella Artois’ long-running “Reassuringly Expensive” ad probably didn’t win fans among market data managers, who continue to shudder at the thought of any kind of cost increase.
UTP to Decide SIP Processor in Oct., After Renewing Nasdaq as SIP Administrator
The UTP Operating Committee, the industry body that oversees the operation of the US consolidated feed of quote and trade data on Tape C Nasdaq-listed stocks, will appoint a new tape processor next month, after selecting Nasdaq OMX as administrator of…