FILS USA 2026: Consolidated tapes in Europe

61

Consolidated tapes in Europe set to accelerate AI data models, says FCA’s Malrait

 
 

Stephane Malrait, executive director at the Financial Conduct Authority and Quorum 15, discusses how the rollout of consolidated tape initiatives in Europe and the UK could become a key catalyst for advancing AI-driven trading models. Speaking toTrader TV at the Fixed Income Leaders Summit in Boston, hosted by Worldwide Business Research (WBR), Malrait shares his views on the impact of the CT data and broader developments in direct market connectivity on the growth and sophistication of AI applications across fixed income and multi-asset trading, and looks at the lessons learned from the US’s TRACE.

In this episode

📌 What lessons can be learned from the US’s TRACE?

📌 Where will the UK and EU CTs impact desks?

📌 How might it fuel and drive AI data models?

📌 What this could mean for cross-asset workflows

This video was first posted on our sister site TraderTV

©Markets Media Europe 2025

TOP OF PAGE