ESMA Announces Data Contributors for Equity CTP

The European Securities and Markets Authority (ESMA) has revealed potential data contributors for the equity consolidated tape provider (CTP). More than 40 data contributors have made the list, including: Aquis Exchange, Bloomberg, Cboe, Euronext, LSEG, Nasdaq and Tradeweb.  ESMA has also said that among those on the list are trading venues that are mandated to contribute data, firms that can elect to transmit data to the equity CTP as well as those that decide to voluntarily participate in the mandatory data contribution regime.  The regulatory body has highlighted that once the CTP is established, not all trading venues will be required to contribute data, largely referring to smaller trading venues that are not part of a large group or do not have a significant number of instruments first listed on their platforms.