Presentation 

On August 6, the US SEC unveiled a timetable for the new consolidated tape plan. What will it take to get the new plan operational in a year? In a separate order, the regulator has also opened the door for competing consolidators. This session will address:

• Briefly, what is the new consolidated tape plan? How does it differ from the current plan?
• Is the timeline realistic? Is it genuine or aspirational?
• What do market participants need to do to prepare?
• How did the SROs arrive at this plan? What were their considerations?  Do they still have concerns?
• Who should care about competing consolidators? Just HFTs?
• What effect will decentralized consolidators have on latency, best execution, and commercial arrangements?

Moderator: 

Speakers:

Ed Flynn, Consultant

Panelists:

Kerry Baker Relf, Head of Global Exchange & Core Content Partnerships, Refinitiv

Jeff Kimsey, Head of Data Product Management for Investment Intelligence, Nasdaq

Mark Schaedel, Non-Executive Director & Strategy Advisor, DataBP

Todd Watkins, Senior Director Product Management, TradeStation Group