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# Article 8 — Data to be disseminated by the CTP for shares and ETFs (Article 22b(1) and Article 22b(3), point (b), of Regulation (EU) No 600/2014)

**Commission Delegated Regulation (EU) 2025/1155 · binding · OJ L, 2025/1155, 3.11.2025 · dated 12 Jun 2025 [in force]**

*In force · Commission Delegated Regulation (EU) 2025/1155, OJ L, 2025/1155, 3.11.2025 · Checked against EUR-Lex on 26 Oct 2026 · [Official source](https://eur-lex.europa.eu/eli/reg_del/2025/1155/oj/eng)*

1. <a id="art-8-p-1"></a>With regard to post-trade core market data for a given share or ETF, the CTP shall disseminate, by reference to each transaction, the details set out in Table 7 of Annex II that are flagged as ‘output’ or ‘both’ in the last column of Table 7.
1. <a id="art-8-p-2"></a>With regard to pre-trade core market data for a given share or ETF, the CTP shall disseminate, by reference to the European best bid and offer or the price at which the auction system would best satisfy its trading algorithm, the details set out in Tables 3, 4 and 5 of Annex III.
1. <a id="art-8-p-3"></a>With regard to regulatory data relating to shares and ETFs, the CTP shall disseminate all of the following:

    <a id="art-8-p-3-a"></a>**(a)** by reference to each financial instrument, the details set out in Table 4 of Annex II that are flagged as ‘output’ or ‘both’ in the last column of that Table;

    <a id="art-8-p-3-b"></a>**(b)** by reference to each trading system, the details set out in Table 5 of Annex II that are flagged as ‘output’ or ‘both’ in the last column of Table 5.
