Following TP ICAP's acquisition of Vantage Capital Markets (VCM), trading activity currently conducted on the VCM OTF (Operating MIC: VCMO) will migrate to the TP ICAP UK OTF (Operating MIC: IOTF) effective 1st September 2026.

The migrated activity will be conducted under the following Segment MIC:

IVCM - TP ICAP UK OTF - EQUITY DERIVATIVES VCM

Existing trading arrangements and operational processes will remain unchanged. To reflect these changes, a TP ICAP UK OTF Rate Card has been published to incorporate the migrated VCM activity. The applicable fee rates are unchanged. The Rate Card and the relevant Market Segment Rules are available on the TP ICAP UK OTF website and via the links below:

• TP ICAP UK OTF – VCM Fee Structures and Incentives
• TP ICAP UK OTF – Vantage Market Segment Rules

Please direct any questions regarding this Market Notice to:

Email: ukvenuegovernance@tpicap.com 
Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom.