EuroCTP is set to enhance the financial equity landscape by launching the EU's first real-time Consolidated Tape (CT). Designed to offer transparency, the CT will leverage the experience of Equinix, a digital infrastructure firm, to create a reliable trading activity feed across all EU venues.
This collaboration is poised to bring improvements to the EU's financial systems, promoting reduced transaction costs, enhanced price discovery, and increased investor confidence. By partnering with Equinix, EuroCTP aims to provide a reliable and consolidated view of market trading in Europe.
The European Securities and Markets Authority (ESMA) has entrusted EuroCTP with this initiative, with its digital base to be housed at Equinix's FR2 data centre in Frankfurt, Germany. Chosen for its connectivity and commitment to sustainability, the facility offers an ecosystem for financial infrastructure. "Equinix FR2 provides EuroCTP with an ideal foundation for growth," commented Eglantine Desautel, CEO of EuroCTP.
The system is designed to centralise real-time trade data from all European trading venues, enabling users easy access to a consolidated view of all shares and exchange-traded funds (ETFs).
Aligning closely with ESMA, EuroCTP is working on authorisations to ensure a go-live date in Q3 2026. Complying with key regulatory standards, EuroCTP adheres to the Markets in Financial Instruments Regulation (MiFIR) and Digital Operational Resilience Act (DORA). In 2025, Equinix was designated as one of Europe’s ‘critical’ suppliers under DORA, highlighting its role in supporting the financial ecosystem.
Beyond technical advancements, EuroCTP prioritises environmental responsibility by targeting strong energy-efficiency performance within the European Code of Conduct on Data Center Energy Efficiency standards.
Equinix welcomes EuroCTP's integration into its FR2 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," said Eleni Coldrey, Financial Services Director for EMEA at Equinix, indicating the company’s focus on consistent standards.
By 2026, EuroCTP and Equinix’s collaboration aims to provide a consolidated digital market infrastructure, supporting more efficient access to market data across Europe’s financial sector.
