meta_id 3355688

On December 19, 2024, the European Securities and Markets Authority (ESMA) authorised EuroCTP as the Consolidated Tape Provider (CTP) for shares and exchange-traded funds (ETFs) in the European Union. A Consolidated Tape Provider aggregates and disseminates real-time trading data from multiple venues, creating a comprehensive market data feed that enhances market transparency and efficiency. This authorisation enables EuroCTP to collect, aggregate, and distribute post-trade transparency data for shares and ETFs across EU trading venues. The designation represents a significant development in EU market infrastructure, as it establishes an additional CTP operating alongside existing providers. ESMA's authorisation confirms that EuroCTP meets all regulatory requirements under the Markets in Financial Instruments Directive (MiFID II) and related implementing regulations. The CTP will be responsible for ensuring accurate, timely, and comprehensive dissemination of trade data to market participants, contributing to improved market transparency and price discovery. This authorisation applies to all EU member states and affects investment firms, trading venues, and other market participants reliant on consolidated market data for trading, risk management, and compliance purposes. The authorisation enables EuroCTP to commence operations as an approved CTP. Market participants can now utilise EuroCTP's services for accessing consolidated post-trade data on shares and ETFs. This development enhances competition in the EU market data landscape and provides market participants with additional options for obtaining real-time trading information. **Reference:** ESMA71-545613100-2975