FESE: New Analysis Of Consolidated Tape Models Recommends Balanced Approach - Provided Data Quality Is Improved And Changes In Market Structure Are Implemented, A New Cost-Benefit Study Suggests A 15-Minute Delay Post-Trade Tape Would Be The Optimal Start
The Federation of European Securities Exchanges (FESE) today welcomed a new study on the proposal for a consolidated tape (CT) in Europe. Independently written and produced by management consultancy Oliver Wyman and commissioned by FESE, the study, entitled ‘Caught on Tape’, sets out a cost-benefit analysis of various CT options for Europe. It concludes that starting with a 15-minute delay post-trade tape would be the most favourable for issuers and investors.
Source: mondovisione.com