One-horse European equity CTP race “flawed”, industry expert says - Global Trading
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One-horse European equity CTP race “flawed”, industry expert says - Global Trading
After Big Xyt’s drop out from the EU’s consolidated tape tender, lone remaining bidder EuroCTP is a front for its exchange owners, a market structure expert says. But the provider’s CEO defends its governance and cost structure. The European Commission’s search for an equities CTP has shrunk to a one-horse race, which is a problem according to Niki Beattie, CEO of Market Structure Partners: “If EuroCTP is the only contender, it shows the tape is…
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