The selection process, arranged by the European Securities and Markets Authority (ESMA), is scheduled to be finalised in 2025.

[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.

[10] On 23 August 2023, EuroCTP was incorporated, and the chair of its supervisory board, Jorge Yzaguirre Scharfhausen, was announced.

[2] ESMA tender competitors include: [14] The shareholders are represented in the supervisory board of EuroCTP by:[16] 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)[17] 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]