FCA: Begins review on data in wholesale markets
- Begun a review into the use and value of data and advanced analytics in wholesale financial markets
- The FCA using its Call for Input (CFI) to better understand how data and also advanced analytics accessed
- The FCA will use its CFI to determine whether it needs to do further work to address any harm that it identifies
- The CFI considers the use and supply of market data, with a particular focus on trading data and benchmarks
- Trading venues and market data vendors also use them to provide other services, such as consolidated data feeds
- The CFI invites comments about access and the changing use of data and analytical techniques across all wholesale financial markets
