big xyt drops out of equities consolidated tape race

big xyt Withdraws from EU Equities CTP Bid After Strategic Review

big xyt, the independent provider of market data and analytics, has withdrawn from the bidding process to become the European Consolidated Tape Provider (CTP) for Equities and ETFs, citing a lack of sufficient financial backing to support its continued participation. The company formally entered the competitive tender earlier this year, positioning itself as a strong...

big xyt drops out of equities consolidated tape race

A lack of necessary financial support was cited as the main reason for the withdrawal.

Big xyt withdraws bid for Equity CTP after two months - Global Trading

Market analytics provider Big xyt has withdrawn its bid to become the European Consolidated Tape Provider (CTP) for Equities and ETFs, citing insufficient financial support after extensive consultations with stakeholders. The company announced on 25 June its decision to exit the bidding process just two weeks after entering. CEO Robin Mess explained that big xyt joined late due to industry concerns around competition, governance, and data qualit…

big xyt Withdraws from CTP Bidding Process Following Industry Consultation

Decision reflects the lack of necessary financial backing despite widespread recognition of the importance of a European Consolidated Tape LONDON, 25th June 2025 – big xyt, the independent provider of market analytics and data solutions, has announced its withdrawal from the bidding process to become the European Consolidated Tape Provider (CTP) for Equities and ETFs. Following in-depth engagement with key industry stakeholders and a comprehensi…