The European Securities and Markets Authority has selected EuroCTP as the first Consolidated Tape Provider (CTP) for shares and exchange-traded funds (ETFs) in the European Union, establishing a single consolidated view of trading activity across EU equity markets for retail and institutional investors. The selection followed ESMA’s assessment of EuroCTP’s offer against the criteria set out in the Markets in Financial Instruments Regulation (MiFIR). ESMA concluded that EuroCTP met all selection criteria and aligned with its expectations for the award criteria. EuroCTP is a Netherlands-based joint venture with 15 European exchange groups as current shareholders. ESMA is inviting EuroCTP to apply for authorisation without delay. Once authorised, EuroCTP would operate the CTP for shares and ETFs for five years under ESMA’s direct supervision in line with MiFIR provisions currently in force.