TP ICAP Group, a leading provider of market infrastructure, announces that its ICAP Weather desk has been named best Weather Risk Management Broker for Europe and North Americas in Environmental Finance's Annual Market Rankings 2021. The awards celebrate the leading green, social and sustainability bond deals and leading market participants.                  

Environmental Finance's Annual Market Rankings recognise firms for their thought-leadership, best practice, or innovation. The award is judged by industry leaders and fellow participants operating in the same landscape.

2021 has been another hugely successful year for the ICAP Weather desk, which completed a landmark solar derivative deal in Australia, bringing together a renewable energy provider and a reinsurance company participant with a fixed agreement for the first time. The transaction enabled an Australian utility company to lock in a fixed price for the electricity generated by its solar plant, ensuring certainty of a fixed price in a market that is highly volatile.

It also launched a first of its kind Climate Index this year, in partnership with Speedwell. The Index uses global weather data to track climate change thereby allowing financial risk related to the rate of climate change to be traded.

TP ICAP has made strong progress towards its aim to be the broker for the transition to a green economy, and has plans to continue that work throughout 2022.  

Nick Ernst, Managing Director, Weather Markets, TP ICAP, said: "We are delighted to be named best broker for Weather Risk Management in Europe and North America. It's a testament to the quality of the people across our team that continue to drive innovation and create opportunities for market participants to diversify their risks and increase investment in the renewable energy industry."

About TP ICAP Group plc

TP ICAP Group plc is a leading global markets infrastructure and data solutions provider.  The Group operates a portfolio of separate and competing brands to deliver intermediary services, contextual insights and intelligence, trade execution, pre- and post-trade services, and data-led solutions. We are formed of four business divisions:

• Global Broking: the largest Interdealer Broker in the world operating under the ICAP, Tullett Prebon and Louis Capi1tal brands servicing clients in Rates, FX, Credit and Equities. We match buyers and sellers, facilitate price discovery, liquidity, execution and risk management.
• Energy & Commodities: the world’s leading OTC energy and commodities broker operating under the ICAP, PVM and Tullett Prebon brands. Active in all major commodities markets including oil, gas, power, renewables, ferrous metals, base metals, precious metals and soft commodities. 
• Agency Execution: serving the buy side operating under the Liquidnet and COEX Partners brands. We provide trading services for a broad range of asset classes, serving a sophisticated client base of asset managers, asset owners and hedge funds.
• Parameta Solutions: formed of two businesses - Data & Analytics (D&A) and Post Trade Solutions.  D&A is the world leader in providing of scarce, neutral OTC data.  Consequently, it is well placed to offer unbiased data products and solutions that facilitate trading, enhance transparency, reduce risk, improve operational efficiency and a broad range of risk management solutions.  Post Trade Solutions provides pure electronic services focused on resetting, compression and repo.

www.tpicap.com

Media Contact
TP ICAP
Joss Turner
E: Joss.Turner@tpicap.com

The GEMM GILT Segment (IOGI 1.21) monthly volume discount rate has been updated, effective 3rd January 2022. 

ICAP Securities OTF Venue Page

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: islotfoperator@tpicap.com  

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

As a priority, the TP ICAP Security team continues to investigate and evaluate the Log4j Java library remote code execution (RCE) vulnerability (CVE-2021-44228), also known as Log4Shell.

This vulnerability was disclosed by the Apache Log4j project on Thursday 9 December, 2021. If exploited, it could potentially allow a remote attacker to execute code on the server.

There is no evidence that this vulnerability has been exploited successfully against TP ICAP. Since learning of the vulnerability, TP ICAP has been evaluating its exposure and methodically remediating as patches have become available.In addition, we have been deploying signatures and enhanced security controls to further protect our environment from the Log4j exploit.

Based on ongoing threat intelligence as the situation evolves, we will continue to assess the impact on TP ICAP's systems and remediate or mitigate as required. We will provide further updates as necessary.

Please don’t hesitate to contact your TP ICAP coverage or account manager if you have any questions.

ICAP, part of TP ICAP group, a leading provider of market infrastructure, is pleased to announce that £3.6m was raised during this year’s ICAP Charity Day.

A host of stars including England football manager Gareth Southgate, actors Olivia Colman and Simon Pegg attended the ICAP Charity Day in London, while celebrity guests including Jon Bon Jovi joined employees to raise money in New York. The global event took place across ICAP’s 27 global offices with 100% of ICAP’s revenues and brokers’ commissions donated directly to charitable causes.

Since it began, ICAP Charity Day has raised over £155 million, and supported around 2,700 charitable projects around the world.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

“I am delighted that the ICAP Charity Day raised £3.6 million, bringing the total raise to approximately £155 million since the first Charity Day in 1993. The fantastic amount raised by our 29th annual Charity Day will make a significant difference to many great causes around the world.

“The commitment of our brokers, clients and charity partners and their ambassadors is what makes the event so special and this year was no different. Thank you to everyone involved.”

Contact:
 

TP ICAP
Fay Rajaratnam
T: +44 (0) 781 281 1374                                                                                      E: Fay.Rajaratnam@tpicap.com

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 29th year, ICAP, its customers and partners have collectively raised over £155 million to date and supported more than 2,700 projects worldwide.  www.icapcharityday.com.