FCA to publish bond tape tender details by end of January
Market participants must wait a month longer than expected for the regulator’s draft tender document, which will see several bidders vie for the chance to build the UK’s long-awaited consolidated tape for bonds.
The Financial Conduct Authority (FCA) will publish the draft specifications for the UK consolidated tape for bonds by January 31, 2025. The regulator has also laid out the next steps for the tender process.
WatersTechnology reported in late November that the tender document was due in a matter of weeks, but companies vying to build the public market data aparatus will have to wait a month longer than expected for the document, which will include an outline of the tape’s infrastructure and details
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