CAP Securities OTF rate card update

25 Apr 2018 00:00

ICAP Securities OTF rate card update         

• The following changes have been made to the EM Interest Rate Derivative Rate Card (1.13 IOIR):
  • RON IRD rate has been changed,
  • volume matching rates have been added to the RON and TRY IRD,
  • precisions have been added to the spreads and flys methodologies.
• Changes have been made to the volume discount scheme applicable to inflation derivatives and interest rate options in the Interest Rate Derivatives market segment (1.7 and 1.12 IOIR).             
• The following changes have been made to the Government Bonds Rate Card (1.25 IOGB):
  • the ILS GB rate has been changed,
  • precisions have been added to the spreads methodologies,
  • maturity has been corrected on the PLN GB rate card.
• ABS and CLO rates have been added to the Eurobonds rate card (1.28 IOFI).
• The Butler FX Derivative segment has been removed (IOFB).

Please visit the ICAP Securities OTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the ICAP Securities OTF Rulebook.

Please direct any questions regarding this Market Notice to:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom