BATS said that the BATS 1000 Index data is available via the Consolidated Tape
System, the operating authority for exchange-listed securities information, enabling distribution of the data to the public via the Internet and other electronic media.
The new systems are designed for edge sites that store backup or archive data locally for rapid restores and replicate it via WAN to a hub for longer term storage or consolidated tape
Ultimately, the lack of consolidated tape
continues to be a big issue.
The Consolidated Tape
Association reports after-hour prices for the NYSE and AMEX stock exchanges.
100, NYSE-listed trades would be identified on the Consolidated Tape
with the NYSE exchange designation 'N', and quotes would be identified as NYSE quotes on the Consolidated Quote stream.
The ultimate aim for regulators is to introduce a consolidated tape
of post- trade data, similar to what has been proposed for equities.
Coca-Cola added 50 cents in later trading on the Pacific Stock Exchange on Monday to close at $68 on the consolidated tape
, which is the price that newspapers print.
The SEC alleged that, at certain times during that period, NYSE delivered market data through two proprietary data feeds slightly faster than it delivered market data to the consolidated tape
Responses to the market structure consultation paper issued by Australia's national regulator, the Australian Securities and Investment Commission (ASIC), have thrown up a number of disagreements between market participants, notably on dark pools, maker-taker pricing and the consolidated tape
Source: NYSE Euronext, Options Clearing Corporation and Consolidated Tape
as reported for equity securities.
Separately, the report noted the CFA Institute's support of recommendations by the Committee of European Securities Regulators, the pan-European regulatory body which provided technical advice to the EC, to create a consolidated tape
of post-trade price data, introduce approved publication arrangements to standardise post-trade reporting and shorten the acceptable publication period for post-trade reports.
Rhode's research and commentary at TABB have covered corporate bonds; credit and rates; equity options; centrally-cleared CFDs; holistic latency monitoring; alternative emerging market; derivatives; exchange-traded derivatives; MiFID II; post-MIFID market surveillance; hedge funds; organized trading facilities; financial transaction tax; OTC regulatory reform in Europe; MiFIR; fixed income dealers and Greece; consolidated tape
in Europe; Russian e-trading; and Asia.