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UK equity consolidated tape on the way

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Two FCA consultation papers prepare for implementation of an equities CT in the UK and aim to improve accessibility and clarity of trade data.

A package of reforms focusing on market structure improvements and trading information accessibility was published recently by the FCA.

Consultation Paper 26/31 (CP 26/31) lays the groundwork for a UK equity consolidated tape (CT). The consultation follows on the successful launch of a UK bond CT in June 2026. According to

The equity

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