Big xyt exploring bid to provide EU equities CT
So far, only one group, a consortium of the major European exchanges, has formally kept its hat in the ring to provide Europe’s consolidated tape for equities.
Big xyt, a secondary market analytics provider, is considering a bid to create the EU’s equities consolidated tape, according to three sources familiar with the company’s plans. An executive at the company confirms that they are examining whether to enter the race, but have not yet committed to following through. At present, only EuroCTP, a consortium of 14 European exchanges, has publicly committed to bidding for the role of consolidated tape provider (CTP).
“Market participants consistently
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