We are offering potential providers of a UK equity consolidated tape (CT) a further opportunity to engage with us.
Scope
Description
We are engaging with the market to determine possible strategies for a UK Equity CT. We have now published our Consultation Paper[1] outlining our proposals.
Contract dates (estimated)
1 July 2027 to 30 June 2032 (5 years).
Engagement
Engagement deadline
30 January 2026
Engagement process description
We would like to engage with prospective providers of an equity CT, or suppliers of technology to be used to deliver our proposal to introduce a CT for the equities market.
We are especially interested in the cost drivers of the tape and other design considerations, such as operational resiliency requirements. For further information on the CT for the equities, please see our website[2].
We would like to receive expressions of interest in discussing the cost and other design factors of the equity CT from suppliers with relevant expertise. Suppliers should register their expression of interest via our Procurement inbox, by 30 January 2026.
In those expressions of interest, suppliers should provide the following information:
- Company name and registration number.
- Registered address.
- Registered website address (if applicable).
- Lead contact details including name, role in organisation, email address and phone number.
- Explanation of your expertise which is relevant to this subject matter.
Following receipt of the expressions of interest, we intend to arrange calls with all respondents who we determine have suitable expertise in this area, along with other third parties we separately identify as having expertise. These discussions will focus on the costs of different elements of building and maintaining an equity CT. We may issue further details of areas for discussion prior to those scheduled calls.
As we continue with the development of our final rules on the CT for equities, we may seek to engage further with all, or a sub-set, of those suppliers who have expressed an interest, along with other third parties we identify as having relevant expertise.
