Etrading Software’s TME receives greenlight to deliver EU OTC derivatives consolidated tape
TME was the only publicly-confirmed organisation to submit a tender; tape is currently expected to go live in June 2027.
TME was the only publicly-confirmed organisation to submit a tender; tape is currently expected to go live in June 2027.
The firm’s dedicated non-profit organisation, Transparent Markets Europe (TME), has announced its founding members alongside the submission, including: SIX Group, S&P Global, the German Investment Funds Association (BVI), and the Derivatives Service Bureau (DSB), among others.
The submission will be made through the launch of a new non-profit organisation; move follows the recent launch of ESMA’s initial selection process for the tape on Monday.