Virginie Saade, managing director and head of government and regulatory policy, EMEA, at Citadel has joined EuroCTP’s advisory committee.
Currently, EuroCTP is the only confirmed bidder for ESMA EU equities consolidated tape, after xyt dropped out of the process in June 2025, citing a lack of necessary financial backing.
ESMA is expected to make a decision on the consolidated tape provider (CTP) by the end of 2025.
Speaking on the appointment, Eglantine Desautel, chief executive of EuroCTP said: “Virginie’s deep expertise in European market structure and regulatory strategy will be instrumental in ensuring our consolidated tape aligns with the expectations of markets and users across Europe.”
Read more – EuroCTP submits EU equities consolidated tape bid
EuroCTP’s advisory committee spans members from across the industry, as well as academic and associations, to integrate a range of industry participants on the design of tape services.
Currently it spans 12 members, from firms such as BlackRock, BNP Paribas and Norges Bank, and includes Christiane Baumgarten, senior vice president at Deutsche Börse, Jessica Horsfall, global head of exchange relationship management at Bloomberg and Stephen Dorrian, European head of market data and access services at Cboe, among others.
Read more – Cboe head of market data joins EuroCTP advisory committee
EuroCTP also confirmed that additional members are expected to join the committee in the future.
Desautel added: “Virginie’s arrival and contribution from the hedge fund perspective further reinforces the strength of our Advisory Committee, which brings together recognised experts in the sector to guide EuroCTP’s offering and governance. Leveraging this collective vision and experience, we are committed to shaping a robust and practical consolidated tape for Europe.”
EuroCTP is also backed by 16 exchanges as shareholders, with the Bratislava Stock Exchange joining as the latest addition in July 2025.