Q&A · ESMA
Consolidated Tape Provider (CTP)
Answered
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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
| Reference | ESMA_QA_2821 |
|---|---|
| Issuer | ESMA |
| Published | 1 Apr 2026 |
| Answered | 1 Apr 2026 |
| Submitted | 1 Apr 2026 |
| ESMA topics | Data reporting services providers |
Provisions it relates to
- Article 22 MiFIR · Providing information for the purposes of transparency and other calculationsExplicit reference
- Article 22a MiFIR · Transmission of data to the CTPESMA rulebook
- MiFIR (whole act)Explicit reference