Europe currently lacks a single, unified view of equity trading. A proposed European consolidated tape could change that, providing a reliable source of trades and prices, lowering complexity, and giving firms the tools to innovate, develop new products, and strengthen market infrastructure. Drawing on lessons from the U.S. and Canada, the tape could be designed from the start to be resilient, scalable, and capable of supporting a broad range of market participants. Beyond real-time data, it could serve as a reference for benchmarking, compliance, and resiliency, while laying the groundwork for future innovations such as tradable quote feeds. In this piece, David Taylor explores how a European consolidated tape could foster innovation, enhance transparency, and support a more competitive and efficient capital market ecosystem. Many thanks to The TRADE News for providing a platform to share these insights. 👉 (Link to the article will be in the comments.) #Trading #Markets #Equities #MarketInfrastructure #CapitalMarkets
OPINION: Europe’s consolidated tape: A once-in-a-generation opportunity For firms, a consolidated tape for equities and ETFs isn’t just about access to data; it’s about lowering complexity, cutting costs, and freeing teams to innovate, develop new products, and build stronger market infrastructure, writes David Taylor, chief executive, Exegy. #trading #markets #consolidatedtape #data #equities #etfs https://lnkd.in/e-XPEddR