{"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 2828 — 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-2828-consolidated-tape-provider-ctp","url":"https://www.headlesslaw.com/mifir/level-3/q-and-a/esma/esma-qa-2828-consolidated-tape-provider-ctp","title":"ESMA Q&A 2828 — Q&A — Consolidated Tape Provider (CTP) [Answer 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Q&A 2828 — Q&A — Consolidated Tape Provider (CTP) [Answer Published]\"\nanswer_id: ESMA_QA_2828\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: \"Article 22 of MiFIR\"\ndate: 1 April 2026\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/2828\nlifecycle: \"Answer Published\"\ntext_version: \"ESMA Q&A register, 1 April 2026\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/2828\"\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_2828: 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_2828, column 'Esma responses', date line\"\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_2828, 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/2828)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 2828 — 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_2828 |\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** | Article 22 of 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\nAre APAs expected to transmit regulatory data to the CTPs?\n\n***\n\n### Answer\n\nArticle 22a of MiFIR requires data contributors to transmit regulatory data (i.e. system‑matching‑order status and financial‑instrument status, as defined in Article 2(1), point (36c) of MiFIR and further detailed in Commission Delegated Regulation (EU) 2025/1155) to the data centre of the CTP.\n\nHowever, given that APAs do not operate any trading system and therefore cannot provide system‑level or instrument‑status information, the transmission of regulatory data is only anticipated to be relevant for trading venues.\n\nWhere an APA acts as a DRSP on behalf of a trading venue, the APA should transmit the regulatory data of that trading venue in its capacity as service provider. The data, however, continues to relate to, and originate from, the trading venue’s trading system, not the APA’s.\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/2828)\n\n## Related Level 1 articles\n\n- [Article 22 — Providing information for the purposes of transparency and other calculations](../../../articles/22.md)\n"}