The industry spends more than $20bn a year processing trades.
There are seven iShares ETFs on the list representing 48% of the overall investment.
The regulator is using tools such as web scraping, network analytics and natural language processing.
Regulatory revamp should boost stock liquidity and reduce data costs, BestEx Research says.
More than 80% of central banks are working on digital currencies.
The FICC Markets Standards Board said confidence in data is vital to financial stability and resilience.
Banks are using lending to pressure clients during pandemic to secure equity mandates.
Regulators should focus on improving trading quality on lit venues.
The Spotlight Review is the first in a series that will collectively consider issues of FICC market structure.
