{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"current_only","held_since":"2026-04-01","gaps":[],"covered":["ESMA Q&A 2824 — Q&A — Consolidated Tape Provider (CTP) [Answer Published] L3"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"the ESMA publication"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifir/level-3/q-and-a/esma/esma-qa-2824-consolidated-tape-provider-ctp","url":"https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2824-consolidated-tape-provider-ctp","title":"ESMA Q&A 2824 — Q&A — Consolidated Tape Provider (CTP) [Answer 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2026 [Answer Published]","attribution":{"prepared_by":"ESMA","published_by":"ESMA","published_in":"ESMA Q&A tool","document_type":"qa_answer","legal_nature":"not_legislation","addressees":"not stated in the document","dates":{"published_on":"2026-04-01","question_submitted_on":"2026-04-01","locators":{"published_on":"ESMA Q&A Excel export ESMA_QA_2824, column 'Esma responses', date line","question_submitted_on":"ESMA Q&A Excel export ESMA_QA_2824, column 'Date of submission'"}},"adoption":null}},"provenance":{"official_url":"https://www.esma.europa.eu/publications-data/questions-answers/2824","check":{"result":"matched","checked_at":"2026-10-26","against":"the ESMA publication"},"repo_path":"spaces/mifir/level-3/q-and-a/esma/esma-qa-2824-consolidated-tape-provider-ctp.md","body_sha256":"118e086556da2b11d8334280bc5ef02fb34f3562512ad53306efc53d877019a3"},"units":[],"markdown":"---\ntitle: \"ESMA Q&A 2824 — Q&A — Consolidated Tape Provider (CTP) [Answer Published]\"\nshortTitle: \"ESMA Q&A 2824 — Q&A — Consolidated Tape Provider (CTP) [Answer Published]\"\nanswer_id: ESMA_QA_2824\ntopic: \"Data reporting services providers\"\nstatus: \"Answer Published\"\ntype: qa\ninstrument_type: qa\nauthority: ESMA\nbinding: false\nbinding_character: non_binding\nlegal_status: in_force\nregulation: \"MiFIR\"\nmifir_level3: true\nmica_level2: false\nlegal_basis: \"MiFIR\"\ndate: 1 April 2026\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/2824\nlifecycle: \"Answer Published\"\ntext_version: \"ESMA Q&A register, 1 April 2026\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/2824\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the ESMA publication\"\nsource:\n  prepared_by: \"ESMA\"\n  published_by: \"ESMA\"\n  published_in: \"ESMA Q&A tool\"\n  evidence:\n    prepared_by: \"ESMA Answer\"\n    locator: \"ESMA Q&A entry ESMA_QA_2824: field 'ESMA Answer', no 'Answer provided by' line\"\ndocument_type: \"qa_answer\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  published_on: \"2026-04-01\"\n  question_submitted_on: \"2026-04-01\"\n  locators:\n    published_on: \"ESMA Q&A Excel export ESMA_QA_2824, column 'Esma responses', date line\"\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_2824, column 'Date of submission'\"\nlifecycle_label: \"Answer Published\"\n---\n\n**Answer by ESMA, published in its Q&A tool · not legislation · published 1 Apr 2026 [Answer Published]**\n\n*Answer Published · ESMA Q&A register, 1 April 2026 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/2824)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 2824 — Q&A — Consolidated Tape Provider (CTP) \\[Answer Published\\] |\n| **Prepared by** | ESMA |\n| **Published by** | ESMA, in the ESMA Q&A tool |\n| **Reference** | ESMA_QA_2824 |\n| **Document type** | Q&A |\n| **Legal nature** | Not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Published 1 April 2026; question submitted 1 April 2026 |\n| **Legal basis** | MiFIR |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the ESMA publication |\n\n**Consolidated Tape Provider (CTP)**\n\n### Question\n\nWhat status must be reported when an instrument is reported for the first time to the CTP?\n\n***\n\n### Answer\n\nThe initial status of individual financial instruments is reported for the first time from data contributors to the CTP in the following cases:\n\n(i) when the activities of the CTP start (i.e. the status should be ACTV, unless the instrument is already suspended or halted); and\n\n(ii) when an instrument is newly admitted to trading (i.e, the status should be ACTV);\n\nIn essence, the initial message establishes the baseline status that the CTP will disseminate until a subsequent change is reported. Please find below some examples:\n\nInstrument\n\nPublication venue\n\nStatus prior to go live T-1\n\nCTP go live date: T\n\n.../... other phase changes sent throughout T\n\nT+1\n\nT+N\n\nABC\n\nMIC1\n\nACTV\n\nMIC1 sends a message with Trading phase set to ‘SOAU’ and status set to ‘ACTV’\n\nMIC1 sends a message with Trading phase set to new values\n\nMIC1 sends a message with Trading phase set to ‘SOAU’\n\nMIC1 sends a message with status set to ‘RMOV’\n\nCTP\n\nN/A\n\nCTP sends a message with Trading phase set to ‘SOAU’ and status set to ‘ACTV’\n\nCTP sends a message with Trading phase set to those values and status set to ‘ACTV’\n\nCTP sends a message with Trading phase set to ‘SOAU’ and status set to ‘ACTV’\n\nCTP sends a message with status set to ‘RMOV’\n\nDEF\n\nMIC2\n\nSUSP\n\nMIC2 sends a message with status set to ‘SUSP’\n\nNo messages sent\n\nMIC2 sends a message with Trading phase set to ‘SOAU’ and instrument status set to ‘ACTV’\n\nCTP\n\nN/A\n\nCTP sends a message with status set to ‘SUSP’\n\nCTP sends a message with status set to ‘SUSP’\n\nCTP sends a message with Trading phase set to ‘SOAU’ and status set to ‘ACTV’\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2824)\n"}