Analysis

Consolidated tape: ‘We do not know’ if the EU’s capital markets vision is viable

The current proposal ‘will just fall short of being very useful’ for execution desks

Jamie Gordon

EU capital markets CMU consolidated tape

The goalposts have been set for the EU consolidated tape after the ‘trialogue’ between the bloc’s three political chambers concluded in July, yet nagging doubts loom over whether the vision outlined for the crucial trading infrastructure is either viable or useful to market participants.

Ahead of the debate which started in April, two camps lobbied for drastically different frameworks for the EU’s Capital Markets Union (CMU)...

This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.

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