The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today the list of data contributors to the equity Consolidated Tape Provider (CTP), based on the transaction reporting data collected.
The list also includes trading venues that can choose to transmit data to the equity CTP and opt-in to the mandatory data contribution regime.
As specified in the Market in Financial Instruments Regulation (MiFIR) the trading venues opting-in will need to contribute data to the CTP within 30 days from the notification to ESMA.
ESMA will immediately update the list once a trading venue starts or ends operations and when a trading venue decides to voluntary opt-in.
Next steps
The entities that decide to opt-in will communicate their decision to ESMA, at the following email address: secondary-markets@esma.europa.eu. Additionally, they will notify to their National Competent Authority (NCA).
The next publication of the list will be in January 2026.
Background
According to MiFIR, ESMA must publish on its website and keep up to date a list identifying:
- investment firms operating small and medium enterprises (SME) growth markets and market operators that are mandated to contribute data to the CTP,
- investment firms that are not obliged to contribute but can opt-in to the mandatory regime, and
- investment firms that decided to opt-in.
Not all trading venues will be required to contribute data to the equity CTP, once it will be established. Specifically, smaller trading venues that either do not belong to a large group or have a high concentration of instruments first listed on their platforms are not obligated to submit data to the CTP, unless they choose to participate in the regime.
