Anthony Malakian, Editor-in-Chief of WatersTechnology, records a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can download it.
This week, Anthony and Josephine Gallagher, senior reporter for WatersTechnology, discuss the European consolidated tape and how it mirrors what we’re seeing in the US with the consolidated audit trail.
https://www.waterstechnology.com/data-management/4520496/finra-cat-lays-out-security-plans
2:30 When the consolidated tape was first proposed, the idea was largely applauded.
5:00 No one wants to be responsible for building this thing.
7:15 There is some overlap with what we’re seeing with the consolidated audit trail (CAT).
10:00 A look at the next few deadlines/significant dates. (Brexit could throw this all off.)
17:00 Why it might make sense to have the Plato Partnership build the consolidated tape (though this is pure speculation).
20:30 Finally, to wrap things up, Jo tries to explain Brexit and what Boris Johnson is doing to Tony.
[CORRECTION: At the 8:10 mark, Anthony says that full production of the CAT is scheduled for April 2020. That is incorrect: the first phase of the CAT rollout, which will be for simple equities—not options or other complex instruments—is scheduled for April 2020. Full production is scheduled for 2022. We apologize for the error.]
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners.
Anthony Malakian: 646 490 3973; anthony.malakian@infopro-digital.com
Josephine Gallagher: 44 20 7316 9582; Josephine.Gallagher@infopro-digital.com
Past 10 episodes:
Episode 160: Pete Cherecwich of Northern Trust
" target="_blank">Episode 161: Gerard Francis of Bloomberg
Episode 162: IEX on the Transaction Fee Pilot
Episode 163: Tony Amicangioli on Cloud, Race to Zero
Episode 164: Changes at WatersTechnology
Episode 165: Roman Ginis on Trade Execution
Episode 166: Brian Lichtenberger on Alternative Data
Episode 167: Keith Lubell on Libra, Big Tech & Programming Languages
Further reading
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Regulation
CBOE and Aquis to make bid for European equities tape
The challenger exchanges have plans to become the second public bidder for provider of the European equities tape, following EuroCTP’s incorporation last year.
DORA stalls over identifier dispute
A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.
UK, EU prepare for bond tape tender as Ediphy enters fray
Competition for the role of consolidated tape provider is heating up as regulators confirm tenders to open in Q1 next year.
Waters Rankings 2024 winner’s interview: S&P Global Market Intelligence
S&P Global Market Intelligence won two categories in this year’s Waters Rankings: Best enterprise data management (EDM) system provider and Best reporting system provider, which is the subject of this interview.
Preparing for the gathering storm
The Markets in Crypto-Assets (Mica) regulation came into force across the European Union on June 29 to enhance the transparency and integrity of the industry’s burgeoning crypto markets. Travis Schwab, CEO of Eventus, discusses his firm’s Mica strategy…
American Bankers Assoc. asks SEC: Do you know what you’re doing?
The industry group disagrees severely with regulators’ interpretation of the Financial Data Transparency Act, hinting at possible legal action in a recently published comment letter.
DORA will change the buy vs. build debate… maybe
Waters Wrap: With DORA’s deadline looming, trading firms are having to reassess their long-term tech strategies. Anthony wonders if that means more building and less buying.
The SEC needs a hand with artificial intelligence
The SEC wants to take a tough stance on AI, but it has a talent problem… or a marketing problem. Or both…