ESMA RCB Questionnaire
We need your help to complete this Below is the current IPUG “draft” response to the ESMA RCB questionnaire, please can you add any comments or answers that you may have by 27th August. Please respond via email to: exchangesandcompliance@ipug.org and exec@ipug.org. The deadline for IPUG to respond to ESMA is 28th August. The consultation […]
Summer Seminar 2023 – Topic member survey
We’d love your feedback on what topics you would like to hear about at the Summer Seminar. By answering the questions, you’ll help us improve and better serve you. Take survey here
Declarations of Use Update – Summer Seminar 2023
An update on Declarations of Use at the IPUG Summer Seminar 2023.
FCA Wholesale Market Data Study – Terms of Reference – response from FCA
“IPUG has been contacted by the FCA following our response to their Wholesale Market Data Study, where we indicated that we would support a market investigation reference (MIR) by the FCA to the Competitions and Markets Authority (CMA) in respect of the markets within the scope of the study. The FCA intend to publish their […]
CME Group are going to charge for Delayed Data
CME Group have sent out a notification to consumers that there will be a new Non-Display charged for use of delayed data as of January 2024. The fee is understood to be $250 per market (CME, CBOT, NYMEX and COMEX) per ‘Licensee Group’ per month for Category C – Other Internal Non-Display Usage – key operational business […]
IPUG response to FCA Wholesale Data Market Study Update
The FCA has published an update to its Wholsale Data Market Study. https://www.fca.org.uk/publications/market-studies/ms23-1-wholesale-data-market-study A draft IPUG response is attached for IPUG members to review. The response focuses on IPUGs minimum request of the FCA, the need for fees and related policies to be publicly published.
Market Data Vendor Bundling FCA investigates
The FCA have written to IPUG in relation to market data vendor bundling. Please email exec@ipug.org before 10am Tuesday 26th Sep of you require any examples of bundling sent to the FCA. FCA letter is as follows … Dear Caroline, Thank you for engaging with the FCA Wholesale Data Market Study. In August we published […]
Consolidated Tape Commercial Proposal
IPUG is publishing a possible commercial proposal for the European and UK consolidated tape for bonds. It is hoped that proposed model can assist potential Consoildated Tape Providers and European and UK regulators in the design and construction of their commercial models. The commercial model proposed utilises the commercial models currently offered by exchanges but […]
Statement from Bloomberg, MarketAxess and Tradeweb on joint Venture Agreement
Bloomberg, MarketAxess and Tradeweb today jointly announced they will not form an independent company to participate in the public procurement procedure to become the fixed income consolidated tape provider (CTP) in the European Union or the United Kingdom. https://investor.marketaxess.com/news/news-details/2023/Statement-from-Bloomberg-MarketAxess-and-Tradeweb-on-Joint-Venture-Agreement/default.aspx LONDON – December 8, 2023 – Bloomberg, MarketAxess and Tradeweb today jointly announced they will not […]
Deadline for the latest FCA consultation
Deadline is the 9th February 2024 We need to provide a response to the FCA consultation by Tuesday 9th January. We will respond the following: IPUG members believe the connectivity costs for the data providers to connect and deliver quality data to the CTP can be included in the the annual costs of operating the […]
