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Q&A · ESMA

Consolidated Tape Provider (CTP)

Answered
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AI-generated Summary

Data contributors may outsource reporting to the consolidated tape provider, for example to an APA or another venue, but remain legally responsible under Article 22a MiFIR, including for data quality; outsourcing must not add artificial latency, restrict the CTP's choice of transmission protocols or otherwise undermine the CTP.

Details

ReferenceESMA_QA_2821
IssuerESMA
Published1 Apr 2026
Answered1 Apr 2026
Submitted1 Apr 2026
ESMA topicsData reporting services providers