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European exchanges team up for data overhaul in bid to rival US
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fnlondon.comFourteen exchange groups in Europe are joining up their data as regulators in the bloc look to take on the dominance of US markets.
As the EU Commission pushes to create a 'consolidated tape' — a single source of trading data that could improve price transparency and narrow spreads in the bloc — the exchanges have begun a joint venture on a potential solution.
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