Row brews over ETF trading tape

Rival disputes iShares' claim that it this week launched the first consolidated trading tape of exchange-traded funds in Europe

Two of Europe's largest exchange-traded fund providers clashed this week after Lyxor publicly disputed iShares' claim to have created the first European ETF trading tape of record in a joint venture with Bloomberg.

The brewing row over the ETF consolidated tape - which aggregates ETF trading data into a single point of reference - mimics a similar long-standing battle in the cash equities market over how trading data is represented, controlled and priced.

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