On 28 January 2026, the Financial Conduct Authority (FCA) issued an update on the next steps for establishing a bond consolidated tape provider (CTP).

Following the agreement reached with the High Court to lift the freeze on the bond CTP award, a contract has been signed with Etrading Software (ETS) and the FCA to deliver the UK CTP. In tandem, ETS have launched a website which sets out the key milestones for the launch of the bond CTP and provides technical information for data contributors and users.

The FCA will continue to support ETS and market participants in advance of the tape’s planned launch in June 2026.