big xyt Announces Formal Bid for European Consolidated Tape Provider with Widespread Industry Support

Quick Summary:

Industry leaders have welcomed big xyt's participation in the process.big xyt's independent structure allows the company to focus primarily on delivering market participants’ need for a transparent, objective and complete view of the EU equity and ETF market, by providing a consolidated tape that is free from any bias or impartiality.

London, April 03, 2025 (GLOBE NEWSWIRE) -- big xyt, a leading independent provider of high-quality European trade data and analytics, today announced its formal intent to become the official provider of the EU Consolidated Tape (CT) for equities and ETFs.

"After careful consideration and in response to strong encouragement from our partners throughout the financial ecosystem, we are stepping forward to offer the market an independent consolidated tape solution," said Robin Mess, Chief Executive Officer at big xyt.

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Article Details

Author / Journalist: big xyt

Category: Technology

Markets: ChinaMali

Topics: Market Data European Industry Independent Tape Consolidated Provider Trading High-quality Process

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 08:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 580 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27558370

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