The FIX Trading Community has added EuroCTP, the European initiative to establish a consolidated tape in the EU, as its newest member.
This latest inclusion in the FIX Trading Community follows recent additions over the last few months including China Post Global, which provides investment solutions across various asset classes, as well as OSTTRA, the joint venture between S&P Global and CME Group.
EuroCTP aims to foster transparency, fairness and access to market data for all investors by providing a fully consolidated view of the European equity and ETFs markets, according to its participants which include BME, Deutsche Boerse Group, Euronext, and Nasdaq.
Its goals include establishing a consolidated tape that provides a comprehensive, standardised and consistent representation of the European trading landscape.
Over the last few months, The FIX Trading Community unveiled new business standards covering definitions of addressable liquidity in a bid to clarify the markets’ understanding and consolidate conflicting perceptions.
Read more: FIX Trading Community tackles the market’s conflicting perceptions around addressable liquidity
Elsewhere, the Community launched a new real-time messaging type aimed at supporting the industry in its shift to accelerated settlement cycles.