Data for the non-equity consolidated tape providers calculations
According to Article 15a(2) of Commission Delegated Regulation (EU) 2017/571, the data made public by a consolidated tape provider (CTP) in accordance with Articles 10 and 21 of Regulation (EU) No 600/2014 (MiFIR) shall represent at least 80% of both (i) the total number of transactions (ii) the total volume of transactions in the relevant asset class published in the Union by all Approved Publication Arragnements (APAs) and all trading venues during the assessment period.
ESMA, upon request of market participants, agreed to compute, on a voluntary and best effort basis, the total number of transactions and the total volume of transactions executed in the EU in order to help market operators (potentially) operating a consolidated tape (CT) for non-equity instruments to comply with the regulatory requirement.
The total number of transactions and the total volume of transactions executed in the EU refer to the asset classes specified in Article 15a(1) of Commission Delegated Regulation (EU) 2017/571. On a temporary basis, the asset classes for which ESMA publishes those values in a spreadsheet format are bonds, emission allowances and emission allowance derivatives.
The CTP data will be updated on a biannual basis, by the 1st of February and 1st of August of each year.
Under the section “Current data for the consolidated tape (CTP) calculations” the file with the calculations based on the most recent period will be published, while under the section “Historical data for the consolidated tape (CTP) calculations” the previously published files based on previous periods will be available.
Current data for the consolidated tape (CTP) calculations
| File | Observation period start date | Observation period end date | Last update published |
|---|---|---|---|
| [LINK] | 1 July 2023 | 31 December 2023 | 1 February 2024 |
Disclaimer
The source for publishing aggregated EU-wide data is data submitted by trading venues and Approved Publication Arrangements (APAs) to the Financial Instruments Reference Database (FIRDS) and the Financial Instruments Transparency System (FITRS) covering a reference period of six months speficied in the tables above.
ESMA is aware that a high level of data quality is crucial to ensure that investment firms can perform the assessment with confidence. Therefore, this publication includes only instruments which passed various data quality measures to ensure a high level of completeness and data quality. In particular, ESMA publishes only data for instruments for which trading venues submitted reports for at least 95% of the trading days in the relevant reference period for bonds. Furthermore, ESMA performed additional quality checks when relevant regulatory information was at its disposal.
The publication of the information on this website does not prejudice the results of verifications on the completeness and correctness of the transposition of EU law into national law.
This database contains also data related to European Economic Area (EEA) / European Free Trade Association (EFTA) States based on the submissions received by ESMA, the publication of which does not affect the status of incorporation of relevant EU law into the EEA Agreement and any related legal consequences.
ESMA publishes the information with utmost care and to the best of its ability. Given the scope and complexity of this project, and in particular the dependence on complete and accurate submissions by NCAs, trading venues and APAs, ESMA is not able to provide any representation or warranty that the available content is complete, accurate or up to date.
In addition to the above provisions, attention is also drawn to the Legal Notice on the ESMA website.
Historical data for the consolidated tape (CTP) calculations
| File | Observation period start date | Observation period end date | Last update published |
|---|---|---|---|
| [LINK] | 1 January 2023 | 30 June 2023 | 1 August 2023 |
| [LINK] | 1 July 2022 | 31 December 2022 | 1 February 2023 |
| [LINK] | 1 July 2021 | 31 December 2021 | 1 February 2022 |
| [LINK] | 1 January 2021 | 30 June 2021 | 30 July 2021 |