Updated
Updated · Bloomberg · Jun 22ETS Connect UK Launches Bond Data Tape Covering 95% of Trades
3 articles · Updated · Bloomberg · Jun 22Summary
- Monday’s launch gives UK bond investors a single stream of trading data, marking the go-live of a transparency project years in development.
- ETS Connect UK said the consolidated tape captures more than 95% of bonds traded across venues, creating one aggregated view of market transactions.
- The rollout brings the UK bond market closer to the model the US adopted more than two decades ago with TRACE, which aggregates debt trading data.
Insights
By unifying bond data, has the UK fixed market fragmentation or created a new single point of failure? Is the UK’s new bond tape a threat or an opportunity for premium financial data companies? With bond trading data now public, will AI-driven predictions become the new key to market dominance?