ICAP Securities OTF Rate card update

13 Jul 2018 00:00

ICAP Securities OTF Rate card update

Changes have been made to the ICAP Securities OTF Rate card as follows:

The following change, effective 01/07/2018, has been made to the Credit Default Swap rate card (IOCD 1.17);

• The discount structure for CDS - Index has been added.

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Securities OTF

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ICAP Securities OTF
ICAP Securities Limited, 
2 Broadgate, London, 
EC2M 7UR,
United Kingdom

ICAP Securities OTF rate card updates

14 Aug 2018 00:00

ICAP Securities OTF rate card updates

 The following change, effective 15 August 2018, has been made to the FX Derivatives rate card (IOFX 1.33);

• ILS forwards have been added to the EM Forward FX volume-matching platform.

The following change, effective 15 August 2018, has been made to the GEMM GILT rate card (IOGI 1.20);

• Index-linked Gilts were previously 40 GBP per million for all tenors. The new fee structure for voice and volume matching index-linked gilts is as follows:

0-1 year - £10/m

1-5year - £20/m

  5 year+ - £40/m

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Energy OTF

Post:

ICAP Securities OTF
ICAP Securities Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

ICAP Securities OTF public holiday trading hours update

20 Aug 2018 00:00

ICAP Securities OTF public holiday trading hours update

•  A holiday calendar has been published detailing the opening hours during the upcoming bank holidays. Please see the venue website for full details.

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

ICAP Securities OTF Market Notice 2018.018.ISLOTF

21 Sep 2018 00:00

ICAP Securities OTF Market Notice 2018.018.ISLOTF

ICAP Securities OTF – update to GEMM Gilts no cancellation range - GEMM Gilts segment (MIC IOGI)

The ICAP GEMM Gilts desk has historically operated a no cancellation range policy.Further to the introduction of MIFID II in January 2018, the desk now operates within the ICAP Securities OTF.

As a reminder, the no cancellation range is formed of defined parameters above or below a price set at the Operator’s discretion, within which a Transaction subject to a cancellation request will stand. The ICAP Securities OTF will use third party mid prices as the basis for the determination of the no cancellation range.

The following no cancellation ranges (as may be amended and published by the Operator from time to time) are effective immediately.

If a Transaction is entered into within the no cancellation range, which for clarification includes the basis point figures shown above, and is the subject of a cancellation request, the Transaction will stand and the counterparties shall be bound by the terms of the relevant Transaction.

Notwithstanding anything contained within this Market Notice, any Error Trades may continue to be determined as such by the Operator in accordance with the ICAP Securities OTF Error Trades Policy.

Please visit the ICAP Securities OTF venue page for more information. 

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:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited, 
2 Broadgate, London, 
EC2M 7UR,
United Kingdom

ICAP Securities OTF rate card updates

15 Oct 2018 00:00

ICAP Securities OTF rate card updates

The Credit Default Swap rate card for Financial CDS (IOCD, 1.17) has been updated effective 18 October 2018.

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited, 
2 Broadgate, London, 
EC2M 7UR,
United Kingdom

ICAP Securities OTF Fee Structures and Incentives update

05 Dec 2018 00:00

ICAP Securities OTF Fee Structures and Incentives update

The Credit Default Swap rate card for Index CDS (IOCD, 1.17) has been updated effective 3 December 2018. The “off-the-run” Index CDS are now priced €185, “on-the-run” Index CDS stay at their current rate (€200).

Please visit the ICAP Securities OTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the ICAP Securities OTF Rulebook or Fee Structures and Incentives document.
Please direct any questions regarding this Market Notice to:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited, 
2 Broadgate, London, 
EC2M 7UR,
United Kingdom

ICAP Securities OTF Rulebook update

13 Dec 2018 00:00

ICAP Securities OTF Rulebook update

Changes have been made to the ICAP Securities OTF Rulebook as follows:
We have updated our GEMM Gilts Market Segment rules with regards to:

• The Hybrid Book order work up phase.

Please visit the ICAP Securities OTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the ICAP Securities OTF Rulebook or Fee Structures and Incentives document.

Please direct any questions regarding this Market Notice to:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited, 
2 Broadgate, London, 
EC2M 7UR,
United Kingdom

ICAP Energy OTF Rule book update

20 Feb 2018 00:00

ICAP Energy OTF Rule book update

Changes have been made to the ICAP Energy OTF Rulebook as follows:

•  Provision of direct electronic access is not permitted without the prior written agreement of the Operator.

• URLs have been updated.

• Formatting changes relating to version number and effective date.

Please visit the ICAP Energy OTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the ICAP Energy OTF Rulebook.

Please direct any questions regarding this Market Notice to:

Email:

ICAP Energy OTF

Post:

ICAP Energy OTF
ICAP Energy Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

ICAP Securities OTF Rule book update

20 Feb 2018 00:00

ICAP Securities OTF Rule book update

Changes have been made to the ICAP Securities OTF Rulebook as follows:

• Provision of direct electronic access is not permitted without the prior written agreement of the Operator

• URLs have been updated.

• Formatting changes relating to version number and effective date.

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

iSwap MTF trading hours

29 Mar 2018 00:00

 i-Swap MTF trading hours

The I-Swap MTF venue will be closed on both the 30 March and 02 April 2018 to mark the Easter public holidays in the United Kingdom. This will affect the following segments:

• Segment MIC - ISWB - I-SWAP - TRADE REGISTRATION
• Segment MIC - ISWC - I-SWAP ORDER BOOK
• Segment MIC - ISWR - I-SWAP TARGETED STREAMING/RFQ

Please visit the I-Swap MTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the I-Swap MTF Rulebook.

Please direct any questions regarding this Market Notice to:

Email:

i-Swap MTF

Post:

I-Swap OTF
iSwap Euro Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

ICAP WCLK MTF Rule book update

20 Feb 2018 00:00

ICAP WCLK MTF Rule book update 

Changes have been made to the ICAP WCLK MTF Rulebook as follows:

• Provision of direct electronic access is not permitted without the prior written agreement of the Operator.
• CCPs have been updated in the Interest Rate Derivatives Products and Procedures manual.
• Changes have been made to Products (Financial Instruments and Transaction Types) and Registered Trades (Transaction Types) in the Cash Equity Products and Procedures manual.
• URLs have been updated.
• Formatting changes relating to version number and effective date.

Please visit the ICAP WCLK MTF venue page for more information.

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

Please direct any questions regarding this Market Notice to:

Email:

ICAP WCLK MTF

Post:

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

ICAP Energy OTF

29 Mar 2018 00:00

 ICAP Energy OTF

The ICAP Energy OTF venue will be closed on both the 30 March and 02 April 2018 to mark the Easter public holidays in the United Kingdom. This will affect the following segments:

• Operating MIC - ICEO - Segment MIC - IECL - ICAP ENERGY LTD OTF - COMMODITIES AND ENERGY DERIVATIVES

Please visit the ICAP Energy OTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the ICAP Energy OTF Rulebook.

Please direct any questions regarding this Market Notice to:

Email:

ICAP Energy OTF

Post:

ICAP Energy OTF
ICAP Energy Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

ICAP Securities OTF Rate card update

20 Feb 2018 00:00

ICAP Securities OTF Rate card update

Changes have been made to the ICAP Securities OTF rate card which will be applicable from 19 February 2018.

• Rate changes to Bank Capital - T2 & LT2 & CDS – Financials

• Inclusion of rates for TRS and Correlation Products

Please visit the ICAP Securities OTF venue page for more information.

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:

Email:

ICAP Securities OTF

Post:

ICAP Securities OTF
ICAP Securities Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

iSwap MTF public holiday trading hours update

03 May 2018 00:00

I-Swap MTF public holiday trading hours update

• A holiday calendar has been published detailing the opening hours during the upcoming bank holidays. Please see the venue website for full details.

Please visit the I-Swap MTF venue page for more information.

Capitalised terms used in this Market Notice shall have the meaning ascribed to them in the I-Swap MTF Rulebook.

Please direct any questions regarding this Market Notice to:

Email:

i-Swap MTF

Post:

I-Swap OTF
iSwap Euro Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

Updates to the ICAP WCLK MTF

27 Mar 2018 00:00

Updates to the ICAP WCLK MTF

Changes have been made to the ICAP WCLK MTF Rate Card as follows:

• Transaction Registration Fees will be waived until the end of June 2018.

Please visit the ICAP WCLK MTF venue page for more information.

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

Please direct any questions regarding this Market Notice to:

Email:

ICAP WCLK MTF

Post:

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