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Participants urge regulated data on consolidated tape

Paris 230 px

Market participants have rallied against the European Securities and Markets Authority's focus on reducing the cost of post-trade data sold by exchanges, saying that the quality of such data should instead be regulated. The cost of collecting and licensing post-trade market data is seen as the major obstacle to creating a ‘consolidated tape’, or an aggregated feed of stock trade data from venues in Europe that would help investors benchmark their performance.

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