EuroCTP has confirmed that industry onboarding for the upcoming EU consolidated tape (CT) for shares and ETFs has reached an advanced stage, ahead of the CT’s scheduled July 2026 launch, The TRADE understands.
Veronica Taylor
Specifically, multiple trading venues, and approved publication arrangements (APAs) have already began connecting to EuroCTP’s test environment ahead of the planned schedule, and plans are currently underway to contribute data in production of the tape.
In addition, industry participants spanning redistributors and data vendors are already engaging with EuroCTP, to ensure CT data is integrated from day one, to create indirect access models for clients, and enable distribution.
Speaking to The TRADE, Veronica Taylor, head of sales at EuroCTP, said: “Momentum is building quickly ahead of user acceptance testing opening on 7 May, with participants across the market moving from contracting to technical integration following the launch of our client portal last month.
“We already have a significant and growing number of participants engaged, with broad coverage expected across major data redistributors and leading network connectivity providers.”
In addition, the firm has also launched a dedicated portal – MyEuroCTP – to provide connectivity, onboarding, contracting and administration of market data services, to ensure a streamlined implementation of the tape for clients and participants.
“Onboarding is now happening across both data contributors and data users including redistributors, which is a clear signal of market engagement ahead of launch,” said Eglantine Desautel, chief executive of EuroCTP.
“Broad and early adoption is critical to ensure the consolidated tape delivers value from its launch and meets industry needs by providing the market with a single, regulated reference for European market data.”
EuroCTP was selected by the European Securities and Markets Authority (ESMA) to be the designated tape provider in December 2025, following the launch of the tender process in June the same year.
The upcoming tape is being developed in close consultation with industry participants and EuroCTP’s advisory committee, which includes members from BlackRock, BNP Paribas, Citadel, Norges Bank, Deutsche Börse, Bloomberg and Cboe.
In addition, the firm selected Exegy to be its technology provider for the tape in April 2026, which will see EuroCTP leveraging Exegy’s ticker plant technology to power the platform’s data normalisation and consolidation engine, and consume pre- and post-trade data from trading venues and APAs, to then compute the European best bid and offer (EBBO).