20/02/2023 (Agence Europe) – Fourteen European stock exchange groups, present in twenty-six EU Member States, announced in a statement on Thursday 16 February a joint initiative to participate in the future selection process for the creation of a centralised database - or ‘consolidated tape’ (CT) - for equities placed on the market in the EU. The project will focus on providing a CT that will offer a comprehensive, standardised and consistent source of market data and will work with regulators to develop the optimal solution for investors. A joint venture, established by the participating exchanges, will prepare an application as a CT provider in a future selection process. These European exchanges are intended to support the EU’s strategic autonomy. The Council of the EU has already decided on its negotiating position on this legislative proposal, unlike the European Parliament (see EUROPE 13092/10). (AD)