The FCA is introducing a bond consolidated tape (CT) to make trade data more accessible and affordable.

A bond consolidated tape (CT) aggregates transaction data, including prices and volumes, by combining information from trading venues and over-the-counter trades.

The FCA has initiated the process of selecting a provider for the bond CT. On 3 December 2024, a Concession Notice was published outlining the next steps in the tender process.

Draft tender documents will be available on the FCA’s procurement portal by 31 January 2025. Interested bidders will have the opportunity to submit questions before the final tender documents are issued.