Thomson Reuters Preps Real-Time EU Consolidated Tape

Thomson Reuters is preparing to roll out a real-time version of its .XT consolidated tape of European equities time and sales data, which will incorporate an expanded instrument coverage and standard trade flags recommended by an industry working group led by the Committee of European Securities Regulators (IMD, Oct. 18).

The existing .XT consolidated tape provides post-trade data from European exchanges, multilateral trading facilities and over-the-counter trade data from Trade Reporting

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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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