(18)An applicant for authorisation as a CTP should prove that its systems are able to ingest data from trading venues and APAs and to consolidate and publish that information without disruptions. It should also demonstrate its ability to consolidate and publish data in line with the requirements set out in Commission Delegated Regulation (EU) 2025/1155 5 .
Recital 18
- 5 Commission Delegated Regulation (EU) 2025/1155 of 12 June 2025 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards specifying the input and output data of consolidated tapes, the synchronisation of business clocks and the revenue redistribution by the consolidated tape provider for shares and ETFs, and repealing Commission Delegated Regulation (EU) 2017/574 (OJ L, 2025/1155, 3.11.2025, ELI: http://data.europa.eu/eli/reg_del/2025/1155/oj). ↩