EuroCTP selected as first EU shares and ETFs tape provider | MLex | Specialist news and analysis on legal risk and regulation
MLex Summary: Joint venture EuroCTP has been selected to provide the first consolidated tape for shares and exchange-traded funds in the EU. The venture, which currently has 15 European exchange groups as shareholders, said it plans a July 2026 launch, subject to the timeframe of its authorization. The European Securities and Markets Authority said the decision was made after an in-depth assessment of EuroCTP's offer against the criteria listed in the Markets in Financial Instruments Regulation. The equity tape will operate for a period of five years under ESMA’s direct supervision.
MLex Summary: Joint venture EuroCTP has been selected to provide the first consolidated tape for shares and exchange-traded funds in the EU. The venture, which currently has 15 European exchange groups as shareholders, said it plans a July 2026 launch, subject to the timeframe of its authorization. The European Securities and Markets Authority said the decision was made after an in-depth assessment of EuroCTP's offer against the criteria listed in the Markets in Financial Instruments Regulation. The equity tape will operate for a period of five years under ESMA’s direct supervision.
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