EuroCTP

We are pleased to welcome two new members to our Advisory Committee: Alexandre Roubaud, CAIA (BlackRock) and Jaafar Amrani (BNP Paribas). By joining the committee, these recognised professionals in the financial sector will help enrich our discussions and contribute to the creation of an optimal European shares and ETF consolidated tape. The Advisory Committee brings together experts from various backgrounds to provide valuable insights on the development of the European consolidated tape. The addition of our two new Advisors strengthens this dynamic, and we look forward to the upcoming exchanges. #EuroCTP #Finance #EuropeanMarkets #MarketInsights #Consolidatedtape

EuroCTP is on the road! As the industry evolves, we are committed to staying at the forefront of key discussions. Mike Bournes, our Business Development Manager, recently attended FISD Amsterdam, where he had the opportunity to present the progress made in the implementation of the European consolidated tape. The event explored key topics linked to the European financial community including post-application challenges of DORA, insights into crypto-asset investments, and concrete use cases for AI in capital markets. We extend our gratitude to the organizers of FISD Amsterdam and Tristan Dehaan, FIA for orchestrating this event, and we look forward to participating again next year. #EuroCTP #FISD #Cybersecurity #Crypto #AI 

Earlier this week, EuroCTP’s CEO, Eglantine Desautel had the privilege of attending ESMA’s high-level conference “Shaping the future of EU capital markets”. The discussions underlined that building more effective and attractive capital markets is a key priority for the new European Commission, a vision which is shared by EuroCTP. We believe that a well-designed and robust consolidated tape can play a central role in boosting the attractiveness of European capital markets, helping to unlock their investment potential for institutional and retail investors. EuroCTP looks forward to further opportunities to contribute to the debate on boosting European competitiveness and the transition to the Savings and Investment Union. #ESMAconference #ESMA #CMU #EuropeanMarkets #ConsolidatedTape

Last week, the European Securities and Markets Authority (ESMA) kicked off the selection process for the Consolidated Tape Provider for bonds — a significant milestone for market transparency. This marks the first of three key selection phases, with shares and ETFs to follow this summer and OTC derivatives in 2026. EuroCTP is fully committed to delivering a robust and compliant real-time consolidated tape for shares and ETFs, designed to empower European markets with greater clarity and accessibility. We firmly believe these three consolidated tapes will better support investors while strengthening European capital markets. #ESMA #MiFIR #EuropeanMarkets #ConsolidatedTape

This past week, our team gathered for a festive end-of-year event, bringing together colleagues from across Europe, including France, Germany, The Netherlands, Poland, and more. Coming together allowed us to strengthen connections, welcome new team members, and reflect on our achievements.   December marks one year since EuroCTP officially launched. In just 12 months, we’ve built strong foundations, advanced our offering, and grown a truly European team. While we’ve made big strides in 2024, we remain focused on the exciting journey ahead, with a key milestone on the horizon: filing our response to the European Securities and Markets Authority (ESMA) tender for consideration in offering a consolidated tape that’s built for purpose and co-designed with all users in mind. 2025 is shaping up to be a remarkable year and the whole team is excited for what’s next. From all of us at EuroCTP, we wish you and your loved ones a joyful holiday season and a happy, healthy, and successful year 2025! #EuroCTP #Collaboration #Teamwork #ESMA 

We welcome Monday’s publication of the draft Technical Standards for Consolidated Tape Providers (CTPs) provided by European Securities and Markets Authority (ESMA). We believe the Technical Standards are a significant step towards a European tape for equities, enhancing transparency and efficiency within the European Union's financial markets. We strongly support the release of the Technical Standards, and firmly believe they will benefit the development of the tape. This is an important milestone and we look forward to the coming work on their interpretation and implementation. As a truly European company, we proudly support Europe’s vision and ambition to strengthen the single market by reducing fragmentation and enhancing retail participation in European equities and are fully committed to this development. A fit-for-purpose consolidated tape will be key in this effort. We will continue to co-design the best CT offering for the Union with all market participants and regulators, all while working in lockstep with ESMA’s ambitious timeline. #ESMA #MiFIR #europeanmarkets #consolidatedtape

Yesterday marked a crucial milestone in the development of a consolidated tape for Europe, as the first set of European Securities and Markets Authority (ESMA) consultations draws to a close. The consultations were very comprehensive and covered a large number of topics. The feedback from the industry is critical to inform ESMA’s approach to the drafting of the Regulatory Technical Standards and the Consolidated Tape Provider selection process, these in turn will help shape the requirements a successful consolidated tape provider will have to meet. EuroCTP was happy to do its part, leveraging its team's expertise and the outcome of the numerous interactions with market participants and its Advisory Committee in the past months. We believe that our approach is consistent with ESMA's proposals regarding governance and the need to involve the data users and providers in the CTP’s key operational decisions. ESMA has proposed an innovative approach towards rewarding the smaller exchanges contributing to the consolidated tape. EuroCTP is convinced that this will greatly contribute towards securing a broad European CT coverage and thus strengthening the CMU. Concerning the all-important prescribed technologies, EuroCTP has notably proposed that ESMA offer a choice of protocols to fit on one hand, a machine to machine use case, and on the other hand a human readable/easily accessible use case, in order to ensure that the CT can be delivered to all market participants in a fit for purpose format. We look forward to the next steps in this process and continuing the dialogue with ESMA.   #ESMA #MiFIR #europeanmarkets #consolidatedtape

We are pleased to announce the creation of our new Advisory Committee. This independent governance body is dedicated to ensuring that the diverse interests and needs of our stakeholders are represented in shaping the future of our tape services. Comprising esteemed industry leaders, academics, and associations, this committee will provide invaluable insights and guidance as we continue to innovate and grow. Please join us in welcoming the members of our Advisory Committee representing the diversity of the CT stakeholders: Christiane Baumgarten (Deutsche Börse), Eric Böss (Allianz), Emil Framnes (Norges Bank), Jessica Horsfall (Bloomberg), Bogumił Jeżewski (XTB), Niels Lemmers (Flow Traders), Albert J. Menkveld (Vrije Universiteit Amsterdam), Martin Molko (Better Finance), Petr Musil (Wood & Co). Additional members are expected to join in the coming period. Their combined experience and expertise will be crucial in creating the optimal European consolidated tape, propelling our strategic initiatives forward. We are thrilled to collaborate with such a distinguished team and look forward to the positive impact of their contributions ! #consolidatedtape #AdvisoryCommittee

@EuroCTP is pleased to have been selected to join the @European Commission’s market data expert group, which met for the first time last week.   As stakeholders mobilise for the development of a European Consolidated Tape, this group will advise the Commission and ESMA on the quality and substance of market data and transmission protocols. This group will also guide cooperation between data users, data contributors and the consolidated tape provider, ensuring the quality and timeliness of data for the consolidated tape's operation.   At EuroCTP, we firmly believe in the power of robust dialogue to deliver excellence. This expert group provides the perfect forum for where experts can share ideas and practical views, ensuring the continuous implementation and refinement of this ambitious European project for the long term.   We are thrilled to be collaborating with stakeholders and peers !   #EUfinance #consolidatedtape

We're thrilled to announce that EuroCTP has successfully completed its first wave of hiring! Please join us in welcoming our four new team members: Alicia Suminski, Nikolay Levashko, Mike Bournes and Sahib Multani.    ➡Alicia joins our team as Principal Product Manager and brings nearly 20 years of experience in exchanges across the EU, UK and the US, combined with a rich background as a broker. She has deep expertise in market infrastructure and regulation and led the development of many retail-focused market models. She will play a pivotal role in driving and executing the development of EuroCTP’s consolidated tape across all European equity exchanges.    ➡ Nikolay joins us as our Infrastructure and Solutions Architect, playing a pivotal role in developing and coordinating a comprehensive and scalable infrastructure for EuroCTP. With over 20 years of experience in designing and building cutting-edge platforms, particularly on the sell-side, he brings extensive expertise in low latency infrastructures.   ➡In his new role as Business development manager, Mike will oversee our contractual relationships with data contributors and vendors, serve as our key interface with various stakeholders, and play a crucial role in designing our commercial offerings. Mike brings extensive experience with market data from his work at various exchanges.    ➡As our new Technical Business Analyst, Sahib will ensure that EuroCTP’s technical offering align with both regulations and market best practices. With close to 10 years of experience in buy-side and sell-side, he brings deep knowledge in key messaging protocols as well as on data processing automation systems.   Their extensive experience and expertise across the financial ecosystem will drive our growth and commitment to delivering a consolidated tape (CT) for equities and ETFs. This CT will fully comply with regulations and meet the needs of investors and stakeholders.   Welcome to the team, Alicia, Mike, Sahib and Nikolay! We are excited to achieve great things together at EuroCTP.    #NewHires #consolidatedtape