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UK Consolidated Tape consultation under way

Screens showing Consolidated Tape
Photo: Denis Doyle/Getty Images

The FCA proposal is limited in scope, focusing on a possible regulatory framework for a UK Consolidated Tape (CT) for bonds only.

The intention is for a provider to collate all dispersed bonds market data in order to provide a comprehensive picture of all transactions in this specific asset class. According to research cited by the FCA consultation access to a CT “should reduce trading costs, increase liquidity and allow investors to

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