The UK Financial Conduct Authority (FCA) has published a statement following its November 2025 update on the bond consolidated tape provider (CTP) contract. It has now signed a contract with Etrading Software (ETS) to act as the UK's bond CTP, following the High Court's decision in December 2025 to lift the freeze on the contract award. A new website launched by ETS outlines key milestones and technical information for data contributors and users. The FCA will continue to support ETS and industry participants ahead of the planned launch of the tape in June, while simultaneously defending the ongoing legal challenge to the contract award.
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