The complexity and cost of developing a consolidated tape for derivatives has led market experts to question the contentious European proposal. Kaizen’s Senior Regulatory Reporting Specialist, Chris Machin spoke to Global Investor Group.
“The development of the CT has been an incredibly complex issue. Not only is it the selection criteria and the inclusion of multiple asset classes, but it’s bringing that all together in one format, and then sending it out and publishing it in an agreed format.”
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