EU regulator launches five-year mandate for derivatives tape

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, announced the launch of the first selection procedure for a Consolidated Tape Provider for over-the-counter derivatives, aiming to enhance transparency and efficiency across European markets.

ESMA said entities interested in applying are encouraged to register and submit their requests to participate in the selection procedure by February 11, 2026.

The consolidated tape...