Market Notice 2020.005.ISWAPMTF

01 Jul 2020 07:00

Market Making Agreement Reinstatement

The iSwap MTF venue operator has taken the decision to reinstate obligations on Market Makers to provide pricing to the iSwap MTF.  Observable Volatility has substantially returned to pre-crisis levels.  The reinstatement of Market Making obligations is effective from 1 July 2020.

iSwap MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email:  i-swap@icap.com  

Post: iSwap Euro Ltd, 2nd Floor, 155 Bishopsgate, London, EC2M 3TQ

Market Notice 2020.003.TPICAPUKMTF

17 Jun 2020 17:00

MATCHBOOK Rebalance is launching on the TP ICAP UK MTF on Friday 19 June 2020 for a limited trial run before opening to all clients from Friday 26 June 2020.

For further information please email rebalance-EMEA@tpicapmatchbook.com  

TP ICAP UK MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the TP ICAP UK MTF Rulebook.

Please direct any questions regarding this Market Notice to: 

Email: tpicapukmtfoperator@tpicap.com

Post: ICAP WCLK Limited, 2 Broadgate, London, EC2M 7UR, United Kingdom

Market Notice 2020.002.TPICAPUKMTF

16 Jun 2020 17:00

The Corporate Bonds & Securitised Debt Segment 1.12 has been updated.

The name of its Order Book Execution system is now called "Matchbook FI" with immediate effect. 

Rates will be applicable from 19 June 2020.

However, any trades executed on "Matchbook FI" from 19 June 2020 to 25 June 2020 (inclusive) will have their fees waived.

TP ICAP UK MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the TP ICAP UK MTF Rulebook.

Please direct any questions regarding this Market Notice to: 

Email: tpicapukmtfoperator@tpicap.com

Post: ICAP WCLK Limited, 2 Broadgate, London, EC2M 7UR, United Kingdom

Market Notice 2020.007.ISLOTF

28 May 2020 15:00

The Treasury FX Products Rate Card, Segment G10 FX Forwards (IOFX 1.32) has been updated effective 01 June 2020.

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:

ICAP Securities Ltd
2 Broadgate
London
EC2M 7UR
United Kingdom

Market Notice 2020.004.ISWAPMTF

27 Apr 2020 07:00

Changes to Order Book Market Maker Programme Rulebook Qualifying Bid/Offer Spreads:

For the Calendar month of May the Qualifying Bid/Offer Spreads have been amended to the following:

iSwap MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email:  i-swap@icap.com 

Post:

iSwap Euro Ltd,
2nd Floor,
155 Bishopsgate,
London
EC2M 3TQ

Market Notice 2020.006ISLOTF

23 Mar 2020 16:00

The Credit Rate Card, Segment Credit Default Swaps - (IOCD 1.17) has been updated effective 24 March 2020.

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:

ICAP Securities Ltd
2 Broadgate
London
EC2M 7UR
United Kingdom

Market Notice 2020.003.ISWAPMTF

19 Mar 2020 12:00

Market Making Agreement clauses 5.1.2 & 6.0 Suspension due to Exceptional Circumstances.

Due to the current Coronavirus situation, and associated high levels of underlying market volatility, the iSwap MTF venue operator under the terms of clause 6 of the agreement is suspending obligations on Market Makers to provide pricing to the iSwap MTF. 
This suspension is effective from 19/03/2020, applies for the full month of March, and remains in place until further notice. 
Once the exceptional circumstances have ceased and as soon as technically possible the venue operator will notify participants of the date that normal market making obligations will resume.

iSwap MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email:  i-swap@icap.com 

Post:

iSwap Euro Ltd,
2nd Floor,
155 Bishopsgate,
London
EC2M 3TQ

Market Notice 2020.002.ISWAPEUROMTF

19 Mar 2020 12:00

Market Making Agreement clauses 5.1.2 & 6.0 Suspension due to Exceptional Circumstances.

Due to the current Coronavirus situation, and associated high levels of underlying market volatility, the iSwap EURO B.V. MTF venue operator under the terms of clause 6 of the agreement is suspending obligations on Market Makers to provide pricing to the iSwap EURO B.V. MTF. 
This suspension is effective from 19/03/2020, applies for the full month of March, and remains in place until further notice. 
Once the exceptional circumstances have ceased and as soon as technically possible the venue operator will notify participants of the date that normal market making obligations will resume.

iSwap EURO MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email: i-swap@icap.com

Post: 

iSwap Euro B.V. 
Vijzelstraat 68 unit 109, 
1017HL, 
Amsterdam

Market Notice 2020.005.ISLOTF

06 Mar 2020 12:00

An update to the ISL OTF Market Segment Rules, Corporate Bonds Segment IOFI has been made with effect from 9th March 2020, details can be found on the venue website. 

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:

ICAP Securities Ltd
2 Broadgate
London
EC2M 7UR
United Kingdom

Market Notice 2020.002.ISWAPMTF

21 Feb 2020 09:15

An update to the iSwap MTF Trading Day has taken place with effect from 24 February 2020.

The Trading Day for the Product(s) denominated in Pound Sterling has been amended to 07.30 – 16.15 (UK time) Monday to Friday.

iSwap MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email:  i-swap@icap.com 

Post:

iSwap Euro Ltd,
2nd Floor,
155 Bishopsgate,
London
EC2M 3TQ

Market Notice 2020.004.ISLOTF

14 Feb 2020 14:00

The Index EFP Volume Discount Scheme in the Equity Derivatives rate card (IOED, 1.23) has been updated, effective 1st March 2020. 

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: ICAP Securities Limited, 2 Broadgate, London, EC2M 7UR, UK

Market Notice 2020.003.ISLOTF

31 Jan 2020 11:30

ICAP Securities OTF – Rate Card Update

The following rate cards have been updated effective date 03 February 2020:

• Treasury FX product – Euro volume matching platform ( IOFX 1.32)
• Credit - CDS index ( IOCD, 1.17)
• Equity derivative ( IOED, 1.23)
• GILT GEMM (IOGI, 1.20)

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:

ICAP Securities Limited,

2 Broadgate,

London,

EC2M 7UR,

United Kingdom

Market Notice 2020.001.ISWAPEUROMTF

29 Jan 2020 16:07

The  iSwap EURO B.V MTF Transparency information document has been updated with immediate effect, please see website for details.

iSwap EURO MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email: i-swap@icap.com

Post: 

iSwap Euro B.V. 
Vijzelstraat 68 unit 109, 
1017HL, 
Amsterdam

Market Notice 2020.001.ISWAPMTF

29 Jan 2020 16:03

The  iSwap MTF Transparency information document has been updated with immediate effect, please see website for details.

iSwap MTF Venue Page

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the iSwap MTF Rulebook, Trade Execution Fee Card or iSwap Market Maker Programme Rulebook.

Please direct any questions regarding this Market Notice to:

Email:  i-swap@icap.com 

Post:

iSwap Euro Ltd,
2nd Floor,
155 Bishopsgate,
London
EC2M 3TQ, 
United Kingdom

Market Notice 2020.002.ISLOTF

17 Jan 2020 14:00

ICAP Securities OTF – Rate Card Update

The Interest Rate Derivatives – EM IRD rate card ( IOIR, 1.13) has been updated, effective 20 January 2020.

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:

ICAP Securities Limited,

2 Broadgate,

London,

EC2M 7UR,

United Kingdom