Market Notice 2018.013.ISLOTF

09 July 2018

09 Jul 2018 00:00

ICAP Securities OTF Rate card update

Changes have been made to the ICAP Securities OTF Rate card as follows:

The discount structure of the GEMM GILT rate card (IOGI, 1.20) has been amended, effective 01/07/2018.

In addition to the existing discount where all Live trades benefit from the Volume Matching rates over £55,000 activity per month, all conventional Live and VM trades will benefit from a 90% discount on the Live trading headlines rates once the activity on GEMM GILTS is over £100,000 in any calendar month.

Index Linked trades will benefit from a 90% discount on the Live trading headline rate after £20,000 monthly activity on that particular product.

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:

Post:

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