ESMA · ESMA_QA_2822 Published Answer Updated
Consolidated Tape Provider (CTP)
- Regulation
- Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- Secondary Markets
- Article
- Article 22 of MiFIR
- Topic
- Data reporting services providers
- Submitted
- 2026-04-01
- Answered
- 2026-04-01
Question
What types of transmission protocols may the CTP choose from, according to Article 22a(5) of MiFIR?
Answer
The CTP may select any of the types of transmission protocols that a data contributor makes available to other data users for the dissemination of data as specified in Article 13(1) of MiFIR. Where a data contributor has outsourced its reporting to the CTP to a third party, the CTP may likewise select from the types of transmission protocols that this third party offers to other data users for the dissemination of data as specified in Article 13(1) of MiFIR. A data contributor should not outsource CTP reporting for the purpose of intentionally restricting the CTP’s choice of transmission protocols.
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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