CTA Delays Consolidated Tape Fee Until Q3

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The Consolidated Tape Association (CTA), which oversees the collection and distribution of consolidated tapes of quote and trade data for US equity markets—excluding securities listed on the Nasdaq Stock Market—has resubmitted proposals to US regulator the Securities and Exchange Commission, to introduce a new pricing model for CTA market data.

The new rates were originally scheduled to go into effect on April 1, but were delayed after industry association the Security Traders Association of New

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