Updated
Updated · Bloomberg · Jul 31
UK FCA Unveils Single Equities Data Feed for 2027 Launch to Boost London Trading
Updated
Updated · Bloomberg · Jul 31

UK FCA Unveils Single Equities Data Feed for 2027 Launch to Boost London Trading

3 articles · Updated · Bloomberg · Jul 31

Summary

  • The FCA said it will publish a consolidated UK equities feed as soon as next year, combining pre-trade and post-trade data across venues.
  • That feed would let investors compare stock prices across different exchanges before execution, a change aimed at lifting activity on the London Stock Exchange.
  • The regulator will also consult on whether to add data from investment bank trading operations and on how revenue from the product should be split.
  • The plan marks a broader push to make UK stock trading data more transparent and easier to use across fragmented markets.

Insights

Will the FCA's radical transparency push revitalize London's markets or inadvertently trigger a massive data revenue war?
Who really wins when off-venue shadow trading is finally dragged into the public light by new regulations?