EuropeanIssuers’ response to EC consultation on MiFID data consolidation
25 March 2010
EuropeanIssuers believes that data consolidation problems in equity markets relate both to pre-trade and post-trade transparency: trade data is divided among multiple venues. Data should be available in a centralised, aggregated way at EU level.
EuropeanIssuers believes that data consolidation problems in equity markets relate both to pre-trade and post-trade transparency: trade data is divided among multiple venues. Data should be available in a centralised, aggregated way at EU level.
They recommend that disclosure of consolidated data be mandated by law. There should be both a consolidated quote comprising pre-trade data and a consolidated trade tape recording executed trades.
© EuropeanIssuers
