The rate card for the Tullett Prebon EU OTF has been updated and takes effect from 11 August 2026

Please be advised that TP UK OTF has been closed with effect from 10 August 2026 following its migration into TP ICAP UK OTF.

Further information regarding this migration is available in the following market notice:

Market Notice 2026.006 - TP UK OTF | TP ICAP

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.

Effective 10 August 2026, the following segment MICs currently operated under TP UK OTF (TPSO) will migrate to the TP ICAP UK OTF (IOTF), previously known as ICAP UK OTF.

Segment MIC

TSCD - Credit Derivatives

TSED - Equity Derivatives

TSFI - Corporate Bonds & Securitised Debt

TSGB - Government Bonds – Ex GEMM Gilts

TSGI - Government Bonds – Gilts

TSIR - Interest Rate Derivatives

Trading activity previously conducted on these TP UK OTF segment MICs will continue with only the operating MIC changing from TPSO to IOTF.

To reflect these changes, the TP UK OTF Rate Card has been renamed "TP ICAP UK OTF - Tullett Prebon Fee Structure and Incentives" and is now available on the TP ICAP UK OTF Venue website. Otherwise, the Rates and Market Segment Rules will remain unchanged.

Further details of the migration have been communicated directly to affected clients.

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.

Perth, Australia, 3 August 2026 – TP ICAP, a leading global provider of market infrastructure and data solutions, today announces the launch of its Western Australia (WA) Gas Desk, expanding its Energy and Commodities (E&C) business into Perth and positioning the firm at the centre of Australia’s largest gas producing region.

The new desk will provide dedicated brokerage services to the WA domestic gas market, supporting improved liquidity, price discovery and market transparency. While Western Australia underpins a significant share of Australian national gas supply, much of its production is tied to exports and LNG processing, leaving a less intermediated domestic market and a clear opportunity for enhanced connectivity.

Kellee Campbell, Divisional Director, Energy & Commodities, Australia & New Zealand, TP ICAP said:

“Western Australia is a critically important market with strong fundamentals and growing demand for transparency and efficient price formation. By establishing a dedicated desk in Perth, we are bringing global expertise and local presence together to support clients with improved access to liquidity and more effective risk management.

As the market continues to evolve, our focus is on connecting participants, enhancing trading efficiency and helping shape a more transparent and resilient domestic gas market.”

Building on its established presence in Australia’s eastern gas market, ICAP will bring global expertise, deep client relationships and proven execution capabilities to support Western Australian producers, utilities, industrial users and traders across the region.

The launch also represents a key milestone in TP ICAP’s broader E&C growth strategy, expanding its footprint in APAC, diversifying its offering and strengthening its role in the development of regional energy markets.

The new desk is based in Perth and is now operational.

ENDS

About TP ICAP Group plc
Through our people and technology, TP ICAP connects buyers and sellers in global financial, energy, and commodities markets. We are a world-leading provider of liquidity and data solutions, with a portfolio of businesses that provide broking services, data & analytics, and market intelligence that are trusted by clients globally. We operate from more than 60 offices across 28 countries, supporting brokers with award-winning technology.
www.tpicap.com

Media Contacts: 
Tom Gilbert | +44 7741231950 | thomas.gilbert@tpicap.com

Please note that the rate card for the TP ICAP UK OTF has been updated and takes effect from 31st July 2026. 
Notes have been added for the eRepo Fixed rate Schedule (Plan A) effective from 1st July 2026. 

Please direct any questions regarding this Market Notice to:

Email:
TP ICAP EU MTF

Postal address:

TP ICAP (Europe) S.A.,
42 rue Washington
75008 Paris
France

Please note that the rate card for the TP ICAP UK OTF has been updated and takes effect from 1st July 2026. 

The eRepo Variable Rate Schedule has been updated to note that LCH cleared DBV will be free from brokerage fees from 1st July 2026 until 31st December 2026 on repo transactions with a maturity of less than 5 days. 

The rate card has also been reformatted and inactive rates removed. 

Please direct any questions regarding this Market Notice to:

Email: tpicapukmtfoperator@tpicap.com 

Post: TP ICAP Broking Limited, 135 Bishopsgate, London EC2M 3TP, United Kingdom