CFD brokers will consume data from the new service as transparency rules reshape market structure. Europe's securities regulator kicked off the search for a company to aggregate over-the-counter (OTC) derivatives trading data across the continent, launching what it calls the first Consolidated Tape Provider selection for this asset class.

Computational fluid dynamics (CFD) is a branch of physics that utilizes numerical methods and algorithms to analyze and predict the behavior of fluids and gases under various conditions.