Following TP ICAP's acquisition of Vantage Capital Markets (VCM), trading activity currently conducted on the VCM OTF (Operating MIC: VCMO) will migrate to the TP ICAP UK OTF (Operating MIC: IOTF) effective 1st September 2026.

The migrated activity will be conducted under the following Segment MIC:

IVCM - TP ICAP UK OTF - EQUITY DERIVATIVES VCM

Existing trading arrangements and operational processes will remain unchanged. To reflect these changes, a TP ICAP UK OTF Rate Card has been published to incorporate the migrated VCM activity. The applicable fee rates are unchanged. The Rate Card and the relevant Market Segment Rules are available on the TP ICAP UK OTF website and via the links below:

• TP ICAP UK OTF – VCM Fee Structures and Incentives
• TP ICAP UK OTF – Vantage Market Segment Rules

Please direct any questions regarding this Market Notice to:

Email: ukvenuegovernance@tpicap.com 
Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom.

The rate card for the Tullett Prebon EU OTF has been updated and takes effect from 19 August 2026.

Notice on fraudulent activity linked to iSwap Euro B.V.

iSwap Euro B.V., part of the TP ICAP Group, has been made aware of fraudsters using the company’s details (including address, telephone and licence numbers) and purporting to offer retail investment services to clients in Italy and potentially other jurisdictions within Europe and the UK. 

Please be aware that iSwap Euro B.V. does not provide investment services to retail clients. The correct company details for iSwap are as follows:

- website: https://regulatory.tpicap.com/icap/uk/iswapmtf   
- email: please refer to your iSwap contact
- iSwap MTF Venue Page

Please direct any questions regarding this Market Notice to:

Email: i-swap@icap.com 
Post: 
iSwap Euro B.V. 
Vijzelstraat 68 unit 109, 
1017HL, 
Amsterdam

The rate card for the Tullett Prebon EU OTF has been updated and takes effect from 11 August 2026

Please be advised that TP UK OTF has been closed with effect from 10 August 2026 following its migration into TP ICAP UK OTF.

Further information regarding this migration is available in the following market notice:

Market Notice 2026.006 - TP UK OTF | TP ICAP

Please direct any questions regarding this Market Notice to:

Email: ukvenuegovernance@tpicap.com
Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom.

Effective 10 August 2026, the following segment MICs currently operated under TP UK OTF (TPSO) will migrate to the TP ICAP UK OTF (IOTF), previously known as ICAP UK OTF.

Segment MIC

TSCD - Credit Derivatives

TSED - Equity Derivatives

TSFI - Corporate Bonds & Securitised Debt

TSGB - Government Bonds – Ex GEMM Gilts

TSGI - Government Bonds – Gilts

TSIR - Interest Rate Derivatives

Trading activity previously conducted on these TP UK OTF segment MICs will continue with only the operating MIC changing from TPSO to IOTF.

To reflect these changes, the TP UK OTF Rate Card has been renamed "TP ICAP UK OTF - Tullett Prebon Fee Structure and Incentives" and is now available on the TP ICAP UK OTF Venue website. Otherwise, the Rates and Market Segment Rules will remain unchanged.

Further details of the migration have been communicated directly to affected clients.

Please direct any questions regarding this Market Notice to:

Email: ukvenuegovernance@tpicap.com
Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom.