ICAP Securities OTF

The ICAP Securities OTF is a trading venue operated by TP ICAP Markets Limited and permitted to trade Credit Derivatives, Equity Derivatives, FX Derivatives, Government Bonds, Corporate Bonds, Interest Rate Derivatives and Money Market Instruments.

Operator Information

TP ICAP Markets Limited

LEI: 213800NMEZS3MD2IUP33

TP ICAP Markets Limited
135 Bishopsgate
London
EC2M 3TP
United Kingdom

Products

The ICAP Securities OTF offers the following products:

Entity:
 TP ICAP Markets Limited
Venue Name: ICAP Securities OTF
Venue type: OTF
Operating MIC: IOTF

.

Segment MIC

Description

Asset Class

Products

IOIR ICAP Securities OTF - Interest Rate Derivatives Interest Rate Derivatives Constant Maturity Swap (CMS), Fixed/Floating Interest Rate Swap, Constant Maturity Swap Option
FRA, Inflation Option, Inflation Swap, Overnight Index Swap (OIS)
Interest Rate Option, IRO Midcurves ,Interest Rate Guarantees
Interest Rate Swap Options, Spread Option, Bond Option, Single Payment Swap
Zero Coupon Swap, Single Ccy Basis Swap, Clearing House Basis (CCP Basis)
Base Rate Swap, OIS / Base Rate Swap, Cross CCY Basis Swap – mark (&non mark_ to market (XCCY Basis),
CMS FRA, Bermudan Option, Quanto Option, Forward Swaption, Swaptions
IOMM ICAP Securities OTF - Money Market Instruments Money Market Instruments UK Treasury Bill
Primary Certificates of Deposit
Secondary Certificates of Deposit
Traded Paper
Commercial Paper
Repo
IOFX ICAP Securities OTF - FX Derivatives FX Derivatives FX DerivativesFX Forward
FX Non-Deliverable Forwards
IOCD ICAP Securities OTF - Credit Derivatives Credit Derivatives CDS Index
CDS Single Name Corporate
CDS Single Name Sovereign
IOGI ICAP Securities OTF - Gilts Government Bonds (UK Gilts) Government Bonds (UK Gilts)
Inflation bonds, Index-Linked bonds
IOED ICAP Securities OTF - Equity Derivatives Equity Derivatives Equity Swaps
Options
Forward (OTC)
IOGB ICAP Securities OTF - Government Bonds (ex Gilts) Government Bonds Government Bonds
Inflation bonds
IOFI ICAP Securities OTF - Corporate Bonds & Securitised Debt Corporate Bonds & Securitised Debt Corporate Bond
Covered Bonds
Floating Rate Note (FRN)
SSAs
ILCM Louis Capital Markets UK Government Bonds & Corporate Bonds  

 

Rule Book, Policies and Rate Card

The documents are available to download below. Should you encounter an error please ensure that you have the appropriate PDF reader software installed. If you continue to experience difficulties with opening one of our PDF downloads then please contact us at, islotfoperator@tpicap.com.

Date

Title

Add

to bundle

Date:

07 June 2021

Title:

Rule Book - ICAP Securities OTF

Download

Add to bundle

Date:

13 July 2021

Title:

Rate Card - ICAP Securities OTF

Download

Add to bundle

Date:

01 May 2021

Title:

Best Execution

Download

Add to bundle

Date:

15 March 2018

Title:

Algorithmic Testing Certification - ICAP Securities OTF

Download

Add to bundle

Date:

01 May 2021

Title:

Conflict of Interest

Download

Add to bundle

Date:

19 August 2021

Title:

Terms of Business

Download

Add to bundle

Venue Operating Hours

Market Operating Hours per Trading Venue
Time Zone: UK Time

Trading Venue Venue Opening Venue Closing Administrative Close
ISL OTF* 06:00 18:30 19:00

* Open / closing time in winter is 1 hour earlier for certain desks

PII Data

Market Notices - ICAP Securities OTF

ICAP Securities OTF

12 Jul 2021

Market Notice 2021.013ISLOTF

The Government Bonds (Ex GEMM Gilt) Segment - (IOGB 1.27 - CEEMA Gov Bonds) Rate Card has been updated effective 13th July 2021.

ICAP Securities OTF

30 Jun 2021

Market Notice 2021.012ISLOTF

Updates to the Rate Card for ICAP Securities OTF

ICAP Securities OTF

04 Jun 2021

Market Notice 2021.010ISLOTF

The ICAP Securities OTF Rulebook - Segment Credit Derivatives IOCD, has been updated with the product CDS Index Options, effective 7th June 2021.

ICAP Securities OTF

04 Jun 2021

Market Notice 2021.011ISLOTF

The Credit Derivatives Segment - (IOCD 1.18 CDS Option), has been updated with a new rate card effective 7th June 2021.