ICAP, part of TP ICAP group, a leading provider of market infrastructure, is pleased to announce that its 28th annual global Charity Day will be held on Thursday, 10 December 2020. 

Each year, ICAP Charity Day raises money for charities across the globe, with 100% of the revenues and commissions generated on the day donated to a variety of worthy causes. Charitable partners being supported this year can be found here. 

This year’s ICAP Charity Day is set to take on a new, ‘virtual’ format, given the Covid-19 pandemic. Charities, celebrity patrons and ambassadors will support the event via online channels to raise awareness of this year’s causes and support ICAP’s brokers while they close deals. 

Since it began, ICAP Charity Day has raised some £150 million, and supported around 2,500 charitable projects around the world. 

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said: “This year, more than ever, we know that the charity sector is in great financial need. The health and economic crisis presented by COVID-19 has impacted everyone across the globe, and we want to continue to support charities to help the most vulnerable in society. This year’s event may look different, but what will remain the same is the energy and commitment of our brokers and clients to make ICAP Charity Day a resounding success and raise important funds for our charitable partners across the globe.” 

Contacts: 

Harriet Austerberry
harriet.austerberry@tpicap.com
+44 20 3933 3012

Laura Whybrow
laura.whybrow@tpicap.com
+44 77 9195 6219

Notes to Editors: 
Background Information on Charity Day
ICAP Charity Day was founded in 1993 to grow its charitable giving programme through an innovative fundraising initiative that would make a significant difference to charities. Made possible through its unique position in the financial markets, the Company and its brokers committed to donating all revenues and commissions on one day a year, to a select group of charities around the world to guarantee that they would receive a sizeable contribution to fund much needed projects and initiatives. Now in its 28th year, ICAP, its customers and partners have collectively raised nearly £150 million to date and supported more than 2,500 projects worldwide. www.icapcharityday.com. 

About ICAP 
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. ICAP matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks, post trade risk mitigation and ICAP’s information services provide data across all key asset classes and offers innovative solutions for real-time, end-of-day and historical products. ICAP is a TP ICAP company. For further information, please visit www.icap.com. 

A new trading system to manage residual risk in fixed income portfolio

TP ICAP, a leading provider of market infrastructure, has launched MATCHBOOK ReBalance, a new electronic trading solution that reduces residual risks in fixed income portfolios. 

MATCHBOOK ReBalance is a pure-electronic solution used across Emerging Market, Investment Grade, High Yield, Financial and Sterling Corporate Bonds. The platform runs matching sessions allowing traders to clear up unwanted positions and mitigate secondary risks in their portfolios.

It forms part of TP ICAP’s growing portfolio of post-trade risk management and optimisation tools, including MATCHBOOK Rates, which enables traders to minimise fixing risks in Forward Rate Agreements (FRAs), and MATCHBOOK NDF, which reduces date mismatch risks in Asian and LatAm NDF markets. TP ICAPs bilateral compression service, ClearCompress, is also part of this valuable suite of solutions.

MATCHBOOK ReBalance uses TP ICAP’s proprietary “dark pool” technology ensuring the details of orders and trades are closed and therefore no information is leaked into the market. Clients can upload their entire portfolio onto the platform and then choose what they want to trade, with price parameters, rather than search through hundreds of line items.

Mark Russell, Chief Commercial Officer, TP ICAP Credit, said: “MATCHBOOK ReBalance gives our clients a simple, easy to use system that will allow them to reduce residual risk. This platform helps eliminate the time consuming task of trading residual risk, providing our clients with a fresh turnover and a cleaner balance sheet; allowing them to spend more time focusing on client flow and less time on admin-heavy stale positions.”

It is separate from the broking side of TP ICAP and operates as a purely electronic and regulated venue.



About TP ICAP

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s
financial, energy and commodities markets.

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett
Prebon Information, ICAP Information Services and PVM Data Services, we create strong
networks in person and through technology. We provide comprehensive analysis and insight
into market conditions and long-term trends. We combine data, knowledge and intelligence
into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with
confidence, facilitating the flow of capital and commodities around the world, enhancing
investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do.

Media Contact 
TP ICAP  
Harriet Austerberry
E: harriet.austerberry@tpicap.com
T: +44 77 919 56 219

TP ICAP Data & Analytics aggregates ICAP, Tullett Prebon and PVM data via SURFIX

TP ICAP Group, a leading provider of market infrastructure and OTC data, today announces that its SURFIX market data feed is now live. This is a market-leading service which enables customers to receive all TP ICAP market data via a single consolidated feed, rather than through multiple different feeds. 

In what is a market-leading move, TP ICAP shared FX, money markets, rates and derivatives data from its Tullett Prebon and ICAP brands with German bank, L-Bank. FIX has become the chosen electronic communications protocol of global financial markets and SURFIX, which is based on FIX 5.02, allows for a greater breadth and volume of TP ICAP data to be shared with clients via one single feed. 

Jonathan Cooper, Global Head of Sales, TP ICAP Data & Analytics, said: “By introducing SURFIX we are able to provide a fast and reliable stream of data directly to clients. As a major provider of market data, we’re able to share data for all security types, from all brands,  directly with our clients, enabling us to meet their enterprise needs and reduce the total cost of ownership.”

L-Bank and TP ICAP partnered with oraise, a leading information technology services company, to complete the SURFIX connection, enabling L-Bank to seamlessly integrate TP ICAP data within its workflow requirements. 

Manuel Räber, CEO oraise, said: “We are very pleased to have partnered with TP ICAP on SURFIX, enriching our SnapFlux market data hub with a valuable data source for our customers, providing them with ever more choices in meeting their specific market data requirements.” 



About TP ICAP 

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets. 

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology. We provide comprehensive analysis and insight into market conditions and long-term trends. We combine data, knowledge and intelligence into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do.


About the oraise Group

oraise is an independent IT services company in the European financial industry, focused on providing financial information and stock market services. Oraise offers products, services and consulting for the integration and operation of market and transaction data. Its clients include banks, stock exchanges, market data providers and financial service providers, as well as commercial and treasury departments of large industrial and insurance companies. For over 20 years, oraise has been successfully active in these business areas as an owner-managed company. Certified according to ISO 27001 since 2017, oraise undertakes strategic outsourcing of IT systems and processes in the highly regulated financial market.
Further information can be found at www.oraise.com

Media Contact 
TP ICAP  
Laura Whybrow
E: laura.whybrow@tpicap.com
T: +44 77 919 56 219

ICAP (Hong Kong), part of TP ICAP a leading provider of market infrastructure, is pleased to announce that it has brokered two landmark transactions as the market transitions from LIBOR and HIBOR based fixings to USD SOFR and HKD HONIA respectively. 

The two swap transactions involved were a one-year CNH Fixed versus HONIA and a one-year CNH Fixed versus SOFR.

Tom Lovell, Head of Global Broking for TP ICAP, Asia Pacific, said: “The significance of these two transactions underscores not only the importance of these new industry benchmarks as a replacement to “IBOR” fixings, but also the importance of Hong Kong SAR as the premier CNH centre.”
 

About TP ICAP 

TP ICAP is a global firm of professional intermediaries that plays a pivotal role in the world’s financial, energy and commodities markets. 

Operating through our core businesses, Tullett Prebon, ICAP, PVM, Coex Partners, Tullett Prebon Information, ICAP Information Services and PVM Data Services, we create strong networks in person and through technology. We provide comprehensive analysis and insight into market conditions and long-term trends. We combine data, knowledge and intelligence into contextual insight and commercial guidance. By engaging with our clients, and providing innovative products and services, we enable our clients to transact with confidence, facilitating the flow of capital and commodities around the world, enhancing investment and contributing to economic growth.

Our values of honesty, integrity, respect and excellence underpin everything we do. 

Media Contact 
TP ICAP  
William Baldwin-Charles 
E: william.baldwin-charles@tpicap.com
T: + 44 20 7200 7124