The advisory committee spans members from across the industry, including BlackRock, BNP Paribas, Norges Bank, Deutsche Börse, Bloomberg and Cboe.
Currently EuroCTP is the only confirmed bidder for ESMA’s tape; ESMA is expected to make a decision on the CTP by the end of 2025.
The group is currently the only confirmed bidder in the process and follows recent news that Bratislava Stock Exchange had become the company’s latest shareholder.
EuroCTP’s shareholder base now includes all 27 EU member states, with other shareholders including the Budapest Stock Exchange, SIX, Euronext and Nasdaq.
Currently, the committee is made up of 11 members, including representatives from BlackRock, Deutsche Börse, Norges Bank, BNP Paribas, Bloomberg, and others.
New additions have collectively held positions at BlackRock, ESMA, Credit Suisse, BNP Paribas, Credit Agricole and Exane.
Committee members include experts from: Deutsche Börse, Norges Bank, Bloomberg, XTB, and more…
Annabel Smith explores the potential contenders to provide the European equities consolidated tape following the opening of ESMA’s consultation, unpacking the watchdog’s rules around consortiums, the future role of data providers, and assessing if anyone will step up to the plate to contend with EuroCTP, the only current bidder and exchange-backed initiative.
Follows a string of recent additions including investment solutions provider China Post Global, as well as S&P Global and CME Group’s joint venture, OSTTRA.
The past week saw appointments across execution sales, chief strategy, fixed income, futures and options and inflation trading.