News: EuroCTP as the first Consolidated Tape Provider for shares and ETFs

The European Securities and Markets Authority (ESMA) has selected EuroCTP as the first Consolidated Tape Provider (CTP) for shares and exchange-traded funds (ETFs) in the European Union.

This represents an important step forward in strengthening the transparency of EU capital markets.

EuroCTP is a joint venture based in the Netherlands, currently owned by 15 European exchange groups, including the Zagreb Stock Exchange and the Ljubljana Stock Exchange.

Following authorisation, EuroCTP will operate the consolidated tape for shares and ETFs for a period of five years, under the direct supervision of ESMA.

For the Zagreb Stock Exchange, participation in this project confirms its strategic commitment to strengthening the European market infrastructure, enhancing transparency, and improving the availability of market data for all capital market participants, in line with the objectives of the EU’s Savings and Investment Union (SIU) initiative. The SIU aims to channel savings into the real economy through more integrated capital markets, better investment opportunities for individual investors, and more reliable financing for European companies.