ESMA Greenlights First EU 'Consolidated Tape' Provider
The European Securities and Markets Authority (ESMA) has authorised EuroCTP as the first-ever consolidated tape provider for shares and exchange-traded funds (ETFs) in the EU. This marks a critical milestone in the creation of the Capital Markets Union. A consolidated tape provides a single, near-real-time stream of trading data from all EU trading venues, aiming to increase market transparency and level the playing field for all investors. The service is expected to launch in the coming months, simplifying investment across the bloc.
A major step towards a unified EU stock market, making trading data more transparent for all.