Opening FISD Introduction
David Anderson, FIA, Program Director, FISD/Atradia
The study on the creation of an EU Consolidated Tape – SUMMARY
A presentation of the Summary and Highlights:
This study (from Oct 2020) analyses the demand for consolidated European financial market data in equities and bonds. It examines the benefits that would arise from such data, the challenges to creating it and recommends an architecture for future data consolidation. The study is based on the input of 200 data stakeholders, as well as research into North American consolidation frameworks.
Ramifications of the EC’s work regarding a European Consolidated Tape
Here we go again – the discussions surrounding the pros and cons/right and wrongs of a European Consolidated Tape (CT) have been with us for years now. In the latest European Commission work this issue is yet again up for review and discussion. What are the arguments in favor of such a CT? Why and how are some objecting to the premise? What exactly is such a Consolidated Tape and who would be best placed to operate it? What is the overall process for deciding all of this? Europe has often looked over to the US in respect of their Consolidated Tape Plan but even the US have been reviewing how that works – or how it could work better. Is a CT the optimal route towards best execution and a fairer market? Lots of questions – not so many answers out there. We know RCB (Reasonable Commercial Basis) is another hot topic – we are saving that for another day.
Evert-Jan ten Brundel, Global Head, Customer Delivery Services, TRG Screen
Stephen Dorrian, Director, European Market Data , Cboe Europe
Daniel Mayston, MD – EMEA Head of Electronic Trading and Market Structure, Blackrock
Shelley Oor, Head of Commercial Management, Market Data, Euronext
Rudolf Siebel, Geschaftsfuhrer / MD, BVI (and EFAMA )
Janelle Veasey, Head of Real-Time, Refinitiv
Intermission – Break for 60 mins – Before ESG Webinar
Please see separate event page for ESG Webinar https://history.siia.net/events/fisd/eid/574