CAP Securities OTF rate card update

14 Jun 2018 00:00

ICAP Securities OTF rate card update

• The following change, effective 15/06/2018, has been made to the GEMM GILT rate card (IOGI 1.20):
  ? The discount structure has been amended for the index linked products

• The ISDA FIX rate has been removed from the Interest Rate Options - Platform section (IOIR 1.12) as ISDA FIX trades are not applicable to Platform execution. The ISDA FIX rate has been corrected in the Interest Rate Options - Voice section (IOIR 1.11) at 1/3 of the vanilla brokerage rate as this rate card was still showing the old rate of standard Vanilla swap bro. This change is effective 01/06/2018 as per previous market notice.

http://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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:

ICAP Securities OTF

Email:

ICAP Securities OTF

Postal Address

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