Breaking news from TradeTech Germany – update on ECT

Kay Swinburne MEP, in her presentation at TradeTech Germany, stated that the MiFID review will legislate to provide a Consolidated Tape in line with the US model. Output and format will be mandated. As yet no decision has been made on who will operate as providers. She also mentioned that the legislators are looking to see whether a common and central audit trail can also be achieved.

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One Response to “Breaking news from TradeTech Germany – update on ECT”
  1. Anne says:

    Dr Swinburne spoke at the Challenges of MiFID II conference the following day -26th May, saying that the ECT could be Option B (single for profit provider selected by tender) or indeed Option C (competing commercial providers). Sounds like all options are still on the table.

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