https://ets-connect.co.uk/ < Slightly more information here.
I love that it's a 'tape' - I assume in reference to the early telegraph tapes/tickers: https://collection.sciencemuseumgroup.org.uk/objects/co33749...
Disappointing that it seems difficult to actually sign up for – "real-time view" hidden behind layers of legalese and licensing, although it's pleasing to see the fees are effectively nothing for individuals or small firms. They're not exactly in the SaaS-era of live demos or trivial sign-ups for immediate access, are they?
Why do we insist on actually useful interfaces into the economy and banking system being hidden behind such bureaucratic complexity? It's like the Open Banking gift that keeps on giving – if it were truly "Open", I'd have an API I could actually use to talk to all of my banks, rather than what feels like a closed shop (certainly for the average retail individual who just wants a feed from their bank).
Whether the data will actually be affordable and usable enough for smaller participants or whether it mainly improves tooling for institutions that already had decent access
Will this help us see how badly Burnham bungs bonds in real time? I jest I jest
Potentially, the raising interest rates because investors don’t trust the long term stability of the UK economic system (more spending on pro-war activities, sluggish economic growth, and higher than expected government borrowing) will crash their financial system.
I hope I don’t sound too selfish but I am a USA citizen, and I would rather worry about my own country’s medium-term financial future.
I spent the entire day yesterday trying to set up some automated monitoring of my investments, only to discover most UK market information is locked behind stupid-money APIs.
Anything that improves that situation is a positive.