Market Notice 2018.010.ISLOTF

14 June 2018

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.

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:

Postal Address

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