EuroCTP, a European initiative set up to develop and deliver the EU’s first real-time pre- and post-trade Consolidated Tape (CT) for financial equity trades, has selected Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, to provide one clear, reliable feed of trading activity across all EU venues. The move is set to improve transparency across the EU financial landscape, paving the way for lower transaction costs, improved price discovery, and greater investor confidence in the fairness and efficiency of the region’s markets.
Having been appointed by the European Securities and Markets Authority (ESMA)—the EU’s financial markets regulator and supervisor—the tape will have its digital foundation in Equinix’s FR2 data center in Frankfurt, Germany. The facility was selected for its connectivity to key European markets along with Equinix’s proven reliability, rich connectivity ecosystem and sustainability credentials.
“Equinix FR2 provides EuroCTP with the ideal foundation to drive growth, ensuring we can reliably meet the evolving needs of our platform and customers. The site is already directly connected to major EU financial venues and data consumers; this established connectivity makes it an ideal location for low-latency access and seamless cost-efficient integration with the core financial ecosystem. Partnering with Equinix’s world-class facility in Frankfurt contributes to the delivery of resilient, sustainable, compliant, and scalable services that meet the highest standards and the needs of the industry,” said Eglantine Desautel, CEO of EuroCTP.
EuroCTP’s system is built to capture real-time pre- and post-trade data from all trading and reporting venues across the EU, bringing everything together in one place. Improving ease of access, users can gain a complete and immediate view of all shares and exchange traded funds (ETFs) trades executed in the EU, including the consolidated best buy and sell orders available at any point in time. EuroCTP will work closely with ESMA on authorisation processes, targeting a go-live of Q3 2026.
EuroCTP’s collaboration with Equinix ensures compliance with key regulatory standards set out in Markets in Financial Instruments Regulation (MiFIR) and Digital Operational Resilience Act (DORA)—in 2025, Equinix secured designation by Europe as one of only 19 firms deemed “critical” suppliers under the DORA legislation.
EuroCTP is also deeply committed to responsible environmental practices, seeking a facility with strong energy-efficiency performance and a projected Power Usage Effectiveness (PUE) within target range, aligned with the European Code of Conduct on Data Center Energy Efficiency.
“Equinix welcomes EuroCTP and this new European market infrastructure into its FR2 financial services community. The reliability, security and efficiency of digital infrastructure are crucial for financial players and their trust in our data center ecosystem is important to us. We use advanced security capabilities, techniques and procedures to safeguard our sites, and our five nines (99.999%) reliability is a benchmark of excellence. Achieving this involves significant financial, operational and time investments, and is something the company is committed to,” explained Eleni Coldrey, Financial Services Director for EMEA at Equinix.
