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Company type | Besloten vennootschap |
---|---|
Industry | Financial services |
Founded | 23 August 2023 |
Headquarters |
Beursplein 5 Amsterdam, Netherlands |
Key people |
Eglantine Desautel (CEO)
[2] Timo Pentner (CTO) |
Products | Consolidated tape (CT) for the European Union (prospective) |
Owners | |
Website |
www |
EuroCTP (European Consolidated Tape Provider) B.V. [3] is a joint venture of 14 bourses, [4] [5] intending to tender for the provision of a consolidated tape (CT) for financial trading within the European Union (EU). The selection process, arranged by the European Securities and Markets Authority (ESMA), is scheduled to be finalised in 2025. [6] This forms part of the European Commission's Capital Markets Union. [7]
For comparison, a similar electronic service, the Consolidated Tape System, has been in place in the United States since 1976. Following Brexit, the United Kingdom's Financial Conduct Authority (FCA) has tabled a CT reform similar to the EU's. [8]
Bourses had initially signaled reluctance towards the Commission's CT plans. [9]
On 16 February 2023, EuroCTP was announced. [10]
On 23 August 2023, EuroCTP was incorporated, and the chair of its supervisory board, Jorge Yzaguirre Scharfhausen, was announced. [6]
On 5 December 2023, the leadership of EuroCTP was announced. [2]
ESMA tender competitors include:
The shareholders are represented in the supervisory board of EuroCTP by: [15]
EuroCTP is a joint venture of the following 14 bourses, which operate regulated markets in 26 out of 27 member states (all except for Slovakia) [16] of the European Union (EU), as well as European Free Trade Association (EFTA) members Switzerland, Norway and Iceland (the two latter of which form part of the European Economic Area): [4]
This article needs additional or more specific
categories. (December 2023) |
![]() | |
Company type | Besloten vennootschap |
---|---|
Industry | Financial services |
Founded | 23 August 2023 |
Headquarters |
Beursplein 5 Amsterdam, Netherlands |
Key people |
Eglantine Desautel (CEO)
[2] Timo Pentner (CTO) |
Products | Consolidated tape (CT) for the European Union (prospective) |
Owners | |
Website |
www |
EuroCTP (European Consolidated Tape Provider) B.V. [3] is a joint venture of 14 bourses, [4] [5] intending to tender for the provision of a consolidated tape (CT) for financial trading within the European Union (EU). The selection process, arranged by the European Securities and Markets Authority (ESMA), is scheduled to be finalised in 2025. [6] This forms part of the European Commission's Capital Markets Union. [7]
For comparison, a similar electronic service, the Consolidated Tape System, has been in place in the United States since 1976. Following Brexit, the United Kingdom's Financial Conduct Authority (FCA) has tabled a CT reform similar to the EU's. [8]
Bourses had initially signaled reluctance towards the Commission's CT plans. [9]
On 16 February 2023, EuroCTP was announced. [10]
On 23 August 2023, EuroCTP was incorporated, and the chair of its supervisory board, Jorge Yzaguirre Scharfhausen, was announced. [6]
On 5 December 2023, the leadership of EuroCTP was announced. [2]
ESMA tender competitors include:
The shareholders are represented in the supervisory board of EuroCTP by: [15]
EuroCTP is a joint venture of the following 14 bourses, which operate regulated markets in 26 out of 27 member states (all except for Slovakia) [16] of the European Union (EU), as well as European Free Trade Association (EFTA) members Switzerland, Norway and Iceland (the two latter of which form part of the European Economic Area): [4]
This article needs additional or more specific
categories. (December 2023) |