In a recent package of reforms, the industry body stated that the tape would be delivered within 18 months; the proposals have attracted support from all corners of the industry, including names such as AFME and Goldman Sachs.

Despite ongoing workflow integration and data normalisation challenges, the expected cost impact remains relatively modest, with around 79% of respondents to a recent ETS Connect Plus report anticipating spending increases of just 10-25%.

Jesse Forster, head of equity market structure and technology at Coalition Greenwich, gives his perspective on what to keep an eye on in Q3 2026.

As the UK consolidated tape for bonds goes live today, 22 June - spanning 98% of contributor coverage at launch - Natasha Cocksedge catches up with Sassan Danesh, Etrading Software chief executive, to lift the lid on the implementation plan, and unpack both the challenges and opportunities of the initiative set to transform the UK bond market.

With the response window for The TRADE’s Outsourced Trading Survey 2026 set to close this week, Claudia Preece takes a look at key findings from last year’s iteration and unpacks exactly where the buy-side is focusing their attention as priorities continue to be focused on execution quality above all else.

“The buy-side will need confidence that in the event of pushback they have legitimate and compelling justifications to reply with […] the need to be able to compete globally is the one that seems to land best with end investors,” Substantive Research chief executive tells The TRADE.

During a lively debate at the TradeTech 2026 event in Amsterdam, experts affirmed that improving price discovery should be firmly front of mind when it comes to discussions around European competitiveness.

The TRADE sits down with Merlin Rajah, head of electronic sales, Absa Group, to discuss how rising demands around transparency, data and TCA are reshaping execution quality, the evolving balance between latency, resilience and fairness in electronic trading, and the key market structure developments influencing South Africa’s capital markets.

With The TRADE’s Algorithmic Trading Survey: Hedge Funds 2026 approaching, Noah Cole revisits last year’s findings, which show execution consistency steadily strengthening as a driver of algorithm usage, while ease of use, speed and dark liquidity access remain front of mind.