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.

CBOE Europe and Aquis Exchange are lining up a joint bid to become provider of the European equities consolidated tape, according to four sources familiar with the matter.

Long-held plans to build a continuous, publicly available stream of European market data resurfaced in 2021 when the European Commission proposed an amendment to the second Markets in Financial Instruments Directive (Mifid II/Mifir), unleashing a flurry of legislative debate and industry discussion to thrash out a blueprint for

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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