EuroCTP comments on the European Commission’s adoption of Technical Standards for Consolidated Tape Providers

AMSTERDAM/ BRUSSELS/ PARIS, June 17, 2025: EuroCTP welcomes the adoption by the European Commission of several sets of key Technical Standards designed to pave the way for a robust and reliable consolidated tape across EU capital markets.

This milestone marks a significant step forward in enhancing market transparency, strengthening investor confidence, and will help ensure that the consolidated tape provider receives high quality data in a timely manner. In addition to laying out essential criteria for authorising a consolidated tape providers, the newly adopted standards also outline the methodology for the revenue redistribution scheme for the shares and ETFs consolidated tape provider. They also set out clear conditions for making market data available on a fair, accessible and non-discriminatory basis.

Eglantine Desautel, CEO of EuroCTP commented: A bespoke consolidated tape will strengthen the Savings and Investment Union, boost the attractiveness of European capital markets and unlock investment potential for all participants. EuroCTP remains fully committed to the development of a consolidated tape that is fit for purpose, competitive, and future-proof, and these technical standards will be crucial in achieving this. We encourage the European Parliament and Council of the EU to proceed swiftly with their adoption, so that work on delivering a truly pan-European consolidated tape can begin without delay.