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Deutsche Börse, Euronext, SIX back new bid to run EU’s sole source of trading data

Madrid exchange chief executive and deputy CEO of SIX securities services Jorge Yzaguirre Scharfhausen has been named chair of the new firm

The joint venture is backed by Deutsche Börse, Euronext, Nasdaq Nordics, SIX and ten other exchanges
The joint venture is backed by Deutsche Börse, Euronext, Nasdaq Nordics, SIX and ten other exchanges Photo: Thierry Monasse/Getty Images

Major European exchanges have set up a new company to vie for sole provision of EU equities data.

EuroCTP, a joint venture between 14 exchanges, will bid to become the consolidated tape provider for the bloc, acting as the golden source of data for the equities market.

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