How to set up an EU equities CT, according to 10 industry members

A group of 10 buy-side and sell-side entities, as well as industry associations, have jointly released a set of recommendations for the upcoming equities consolidated tape provider (CTP) in the EU, reports The Trade. The parties are endorsing a tape where data is “disseminated to users with an end-to-end latency of 100 milliseconds or faster”, for “as low a price as possible”.