Infront Named Among First Distributors of EU Consolidated Tape for Shares and ETFs

Quick Summary

Infront has been named among the initial distributors of EuroCTP, providing financial professionals with a consolidated tape for shares and ETFs across European markets. Launching September 14, this integration delivers a real-time, unified reference price directly into existing Infront terminal workflows without requiring complex integration.

How Does EuroCTP Solve Market Data Fragmentation?

European equity markets have historically suffered from deep fragmentation across trading venues. EuroCTP addresses this issue by consolidating both pre-trade and post-trade data into a single, highly reliable feed designed to standardise market visibility across the entire European Union.

• Over 130 contributors integrated across the European market ecosystem.
• 45 regulated markets and 82 multilateral trading facilities (MTFs) connected.
• 10 approved publication arrangements (APAs) normalized into one stream.

By producing a continuous European best bid and offer (EBBO), market participants receive a single, authoritative reference price for every instrument. This unified view significantly streamlines critical operational tasks, including transaction cost analysis, best execution reporting, liquidity checks, and pre-trade valuation reviews without requiring bespoke venue-by-venue architecture.

What Role Does Infront Play in Delivering the Consolidated Tape?

By functioning as one of the launch distributors for EuroCTP, Infront embeds the consolidated tape for shares and ETFs directly into its flagship platforms. Financial institutions, wealth managers, and traders can instantly access comprehensive cross-venue data feeds without modifying their infrastructure or building custom API integrations.

"Infront is proud to distribute EuroCTP and be among the first to offer one authoritative view of EU shares and ETF activity. For our clients this means a clearer picture of the European market, without the complexity of sourcing and integrating data venue by venue. It turns fragmented market activity into a trusted reference that firms can use every day to inform the decisions that matter," said Enrique Sacau, CEO of Infront.

“We're pleased to welcome Infront as a distributor of EuroCTP,” said Veronica Taylor, Head of Sales at EuroCTP. “Partnerships like this are essential to support broad adoption of the consolidated tape. Infront's presence across European markets, and its reach across both institutional and retail investors, brings the tape directly onto the systems they already work in.”

FF NEWS TAKE:

The rollout of Europe's official consolidated tape for shares and ETFs marks a fundamental milestone in modernizing European market structure under MiFIR. By eliminating data silos across more than 130 contributors, this initiative brings much-needed structural transparency to EU equity markets. For desktop vendors and distribution platforms, early integration of EuroCTP is rapidly becoming a mandatory competitive benchmark to retain institutional and retail market share across the region.