EuroCTP

EuroCTP (European Consolidated Tape Provider) B.V. is a joint venture of 14 bourses, 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. This forms part of the European Commission's Capital Markets Union.

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.

Background
Bourses had initially signaled reluctance towards the Commission's CT plans.

2023-present: Inception
On 16 February 2023, EuroCTP was announced.

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

On 5 December 2023, the leadership of EuroCTP was announced.

ESMA tender competitors include:
 * Jointly: Bloomberg, MarketAxess and Tradeweb. They pulled out of the competition in December 2023.
 * Jointly: Barclays, Credit Agricole, Societe Generale, UniCredit and BlackRock

Management

 * Eglantine Desautel (CEO)
 * Timo Pentner (CTO)

Supervisory board
The shareholders are represented in the supervisory board of EuroCTP by:
 * Frank Hoba (Deutsche Boerse)
 * Emilie Rieupeyroux (Euronext)
 * Nikolaj Kosakewitsch (Nasdaq)
 * Jorge Yzaguirre Scharfhausen (SIX)
 * Matthias Szabo (Vienna Stock Exchange)
 * Manyu Moravenov (Bulgarian Stock Exchange)

Founding bourses
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) 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):
 * Athens Stock Exchange
 * Bucharest Stock Exchange
 * Budapest Stock Exchange
 * Bulgarian Stock Exchange
 * Cyprus Stock Exchange
 * Deutsche Boerse
 * Euronext
 * Ljubljana Stock Exchange
 * Luxembourg Stock Exchange
 * Malta Stock Exchange
 * Nasdaq Nordic
 * SIX
 * Warsaw Stock Exchange
 * Vienna Stock Exchange