On 13 August 2024, the FCA published a new web page concerning the equities consolidated tape.

The FCA explains that feedback to its earlier consultation shows that interested parties hold different views on whether, and how much, pre-trade data should be included in an equities consolidated tape. It also reminds stakeholders that prior to finalising its design proposals it would conduct an analysis of the possible impact of the inclusion of pre-trade data on the stability and resilience of UK equity markets and the outcomes for different types of users of the market. The FCA announces that it has appointed external consultants to undertake the analysis on an independent basis and sets out the terms of reference for the study.

The FCA will provide a further update before the end of the year.