dxFeed to Launch EuroCTP, Europe's First Comprehensive Consolidated Tape for Shares and ETFs

dxFeed to Launch EuroCTP, Europe’s First Comprehensive Consolidated Tape

In a significant move for the financial services industry, dxFeed, a prominent global provider of market data and financial technology solutions, recently announced its plans to introduce EuroCTP, Europe's very first consolidated tape for shares and ETFs. Set to officially launch on September 14, 2026, EuroCTP aims to reshape how market participants access and utilize European equity data.

The Need for EuroCTP: Simplifying Data Access

Traditionally, firms such as brokers, trading platforms, wealth-tech providers, and analytics companies faced the arduous task of collecting and managing market data from various exchanges and trading venues. This fragmented approach often required dealing with multiple licensing agreements and creating complex infrastructures to normalize and consolidate disparate datasets. EuroCTP is designed to simplify this model dramatically.

With a single consolidated view of trading across approximately 130 sources from European markets, EuroCTP will eliminate the need for firms to maintain numerous individual integrations. By providing access through a normalized market data environment via dxFeed, clients will experience a more straightforward method of integrating essential data into their existing systems.

A Unified Data Stream

The advantage of EuroCTP is its provision of data through a single feed, which significantly reduces the operational burden on firms in the financial sector. The European equity market is notoriously fragmented, comprising multiple exchanges and execution venues. As companies develop trading apps, analytics setups, or market data services, the complexity of gathering a comprehensive market overview can divert valuable resources.

EuroCTP aims to introduce a unified layer across this fragmented ecosystem. It simplifies the infrastructure needed to support European equity data, thus encouraging broader market coverage within existing products. Not merely another service offering, EuroCTP represents a transformative infrastructure layer designed to enrich the ways in which European equity data can be consumed and utilized.

Enhanced Features: EBBO Inclusion

In addition to its comprehensive data access, EuroCTP will feature the European Best Bid and Offer (EBBO), providing a consolidated reference for the best available trading prices across contributing EU trading venues. For brokers and trading platforms, EBBO serves as an essential benchmark for evaluating execution quality and market transparency. Wealth-tech and analytics firms can integrate this consistent benchmark into their pricing and investment tools, greatly enhancing the utility of their offerings.

Tackling Complexity and Costs

Today’s fragmented data model leads firms to grapple with a myriad of sources, formats, and technical connections, all of which contribute to mounting complexity and costs. Each additional exchange or data source introduces further integration and monitoring challenges. By merging EuroCTP's consolidated European market view with dxFeed's robust market data infrastructure, clients will find a clearer pathway for managing access to European equity data.

Stepan Bolshakov, Managing Director at dxFeed, expressed, “EuroCTP represents a pivotal change in how European equity market data can be accessed and leveraged. Our clients will derive immense value from its simplicity. Instead of maintaining a complicated network of connections, they can seamlessly access an integrated view of the market.”

About dxFeed

dxFeed has established itself as a leading provider of market data and financial services within global capital markets, having received accolades such as the Best Data Provider title at the Fund Intelligence Operations and Services Awards. The company excels in delivering high-quality financial data and services to a diverse clientele, including brokerages, prop traders, exchanges, and academic institutions. With a focus on enhancing AI-driven and Infrastructure-as-a-Service (IaaS) solutions, dxFeed is committed to ensuring reliable service delivery and compliance. Its technology suite includes dxScript, an AI-powered scripting environment designed to enhance market analytics and indicators through natural language.

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