Sole showed EU equities consolidated tape bidder EuroCTP bolsters advisory committee with Castle rent

Virginie Saade, managing director and head of presidency and regulatory coverage, EMEA, at Castle has joined EuroCTP’s advisory committee.  

These days, EuroCTP is the one showed bidder for ESMA EU equities consolidated tape, after xyt dropped out of the method in June 2025, bringing up a loss of essential monetary backing.  

ESMA is predicted to decide at the consolidated tape supplier (CTP) by means of the top of 2025.  

Talking at the appointment, Eglantine Desautel, leader govt of EuroCTP mentioned: “Virginie’s deep experience in Eu marketplace construction and regulatory technique might be instrumental in making sure our consolidated tape aligns with the expectancies of markets and customers throughout Europe.”  

Learn extra – EuroCTP submits EU equities consolidated tape bid 

EuroCTP’s advisory committee spans participants from around the trade, in addition to instructional and associations, to combine a spread of trade individuals at the design of tape services and products.  

These days it spans 12 participants, from companies corresponding to BlackRock, BNP Paribas and Norges Financial institution, and contains Christiane Baumgarten, senior vice chairman at Deutsche Börse, Jessica Horsfall, international head of trade dating control at Bloomberg and Stephen Dorrian, Eu head of marketplace information and get admission to services and products at Cboe, amongst others.  

Learn extra – Cboe head of marketplace information joins EuroCTP advisory committee 

EuroCTP additionally showed that further participants are anticipated to sign up for the committee at some point.  

Desautel added: “Virginie’s arrival and contribution from the hedge fund standpoint additional reinforces the power of our Advisory Committee, which brings in combination recognised mavens within the sector to steer EuroCTP’s providing and governance. Leveraging this collective imaginative and prescient and enjoy, we’re dedicated to shaping a powerful and sensible consolidated tape for Europe.”   

EuroCTP could also be sponsored by means of 16 exchanges as shareholders, with the Bratislava Inventory Trade becoming a member of as the newest addition in July 2025.