[4] EuroCTP is a joint venture established in 2023 by 14 bourses, which aims to provide a consolidated tape (CT) in financial trading within the EU.
[5] This forms part of the European Commission's Capital Markets Union.
In July 2023, the UK's Financial Conduct Authority (FCA) announced it was setting up a 'consolidated tape' system for City traders.
The consolidated tape system is to be set up initially for the UK's bonds market followed by equities.
A competitive tender process is to be opened up that would see a single firm providing the CT for bonds.