The
FBE responded to CESR’s call for evidence on the on consolidation of market transparency data underlining that that market forces must be allowed to define the solutions for consolidating pre- and post-trade data. Institutions should have a free choice of the medium through which to distribute information, based on a commercial rationale.
FBE also states that CESR has a crucial role to play in data consolidation by ensuring that its members facilitate the removal of barriers. CESR should therefore work with its members to facilitate the development of industry solutions which will come forward as the market in data publication and consolidation evolves.
Voice of the European banking sector
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