FESE response to the FCA consultation paper on the framework for a UK consolidated tape

FESE suggests the UK takes note of the EU’s successes and failures in this process and designs a CT that meets its goals efficiently, without creating latency and arbitrage problems, and without imposing excessive burdens on trading venues and data providers. In this consultation response, we share our views on selected aspects of the CT consultation paper, such as the appointment of a single CT provider (CTP) per asset class, the scope of data to be included in future CTs, the standards for data transmission and deferrals, and the pricing and revenue sharing model.