iSwap MTF Market Maker Programme

11 Feb 2019 00:00

iSwap MTF Market Maker Programme

The iSwap Market Maker Programme is being established to encourage liquidity in the trading of the Programme Instruments on the Order Book.
Full details of the Programme can be found in the iSwap Market Maker Programme Rulebook which can be found on the iSwap trading venue web pages https://www.icap.com/what-we-do/our-mifid-ii-venues/i-swap-mtf.aspx

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:

iSwap MTF

Post:

iSwap Euro Ltd,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Energy OTF Technical Issues

04 Mar 2019 00:00

ICAP Energy OTF Technical Issues 

Technical Issues

Due to technical issues you may have difficulty contacting the Amsterdam office of ICAP Energy Ltd. Clients are being notified directly but please refer back to the Market Notice pages for further updates while the IT team fix the issue. 

Please contact ICAPEnergyOTFOperator@tpicap.com if you have any specific questions.  

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-energy-otf.aspx

Please direct any questions regarding this Market Notice to:

Email:

ICAP Energy OTF

Post:

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

ICAP Securities OTF rate card updates

15 Feb 2019 00:00

ICAP Securities OTF rate card updates

The GEMM GILT rate card (IOGI 1.20) for the following have been updated effective 18 February 2019.
• Deliverable Basis trades on Voice & Hybrid order book.
• Index Linked Trades Headline Rates

Please see link below for details.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

Update to ICAP WCLK MTF

22 Feb 2019 00:00

Update to ICAP WCLK MTF

Venue Name Change Notification

The ICAP WCLK MTF will be changing its Venue name to TP ICAP UK MTF from the start of business 25th February 2019

This is a Venue name change only, the Venue Operator will remain the same and all existing regulatory reporting codes, LEI and Operating MIC’s will remain in place.

The existing web address will remain active are redirect to the new web address

http://www.icap.com/what-we-do/our-mifid-ii-venues/icap-wclk-mtf.aspx

The new web address will become active from start of business on 25th February 2019

http://www.icap.com/what-we-do/our-mifid-ii-venues/tp-icap-uk-mtf.aspx

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:

ICAP WCLK MTF

Post:

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

ICAP Energy OTF Technical Issues

06 Mar 2019 00:00

ICAP Energy OTF Technical Issues 

Technical Issues

The technical issues which began on 04/03/2019 have been resolved. If you experience any difficulties contacting the Amsterdam office of ICAP Energy Ltd please contact 

Please contact ICAPEnergyOTFOperator@tpicap.com if you have any specific questions.  

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-energy-otf.aspx

Please direct any questions regarding this Market Notice to:

Email:

ICAP Energy OTF

Post:

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

ICAP Securities OTF rate card updates

15 Mar 2019 00:00

ICAP Securities OTF rate card updates

The GEMM GILT rate card (IOGI 1.20) has been updated effective 18 March 2019.

Please see link below for details.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Energy OTF Rulebook Changes

02 Apr 2019 00:00

ICAP Energy OTF Rulebook Changes

A new version of the rulebook published following an annual review. No rules have been changed and updates were limited to structural or cosmetic changes.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-energy-otf.aspx

Please direct any questions regarding this Market Notice to:

Email:

ICAP Energy OTF

Post:

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

ICAP Securities OTF Rule Book update

02 Apr 2019 00:00

ICAP Securities OTF Rule Book update

ICAP Securities OTF is launching new execution methodologies in the following segments:

• Corporate Bond and Securitised Debt segment - IOFI

           Limit Cross Volume Matching

• Interest Rate Derivatives - IOIR

Persistent Volume Matching 

Hybrid IOI Order Book

The execution methodology will be available from 01 April 2109. For further information please refer to the Rulebook on ICAP Securities OTF web site. 

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

TP ICAP statement on Forward FX Trades from 26 March 2019

28 Mar 2019 00:00

TP ICAP statement on Forward FX Trades from 26 March 2019

We are writing to you to clarify TP ICAP’s forward FX product offering as a result of the ESMA update on MiFIR Data Reporting. From 26th March 2019 a forward FX trade defined as an FX Swap will require the reference data and transaction reporting scenarios to be reported as a single stand-alone financial instrument. Under the pertinent MiFIR definitions, forward FX trades may be traded as either simple forwards (Outright FX Forwards), as packages of cashflows (FX Strategy) or as Single FX Swap Instruments (FX Swaps).
TP ICAP venues* will continue to offer forward FX trades as packages of cashflows or FX Strategy, as per the EVIA** definition - A simultaneous and contingent execution of contracts to a minimum of two forward payments which may be in conjunction with one or more spot contracts. We will have the ability to offer FX swap instruments with a single ISIN in the future, but do not plan to offer this instrument from 26th March 2019. We will align our Rulebooks and Ratecards ahead of 26th March to ensure clarity.
We believe this decision reflects the financial instruments that are offered on our venues and across the market, serves the best interests of market liquidity and provides certainty of workflows.
*TP ICAP UK MTF, ISL OTF, TPE OTF and TPE MTF will offer FX Strategy trades.
**

https://cdn.evia.org.uk/content/FX/FX%20Swaps%20Definitions%20of%20Services;%20EVIA%20Trading%20Venues;%20December%202018.pdf

Please see link below for details.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Securities OTF rate card updates

01 Apr 2019 00:00

ICAP Securities OTF rate card updates

The EM FX Fowards (IOFX, 1.33) and the EM IRD (IOR,1.13) rate cards has been updated on the TRY currency effective 1 April 2019.

Please see link below for details:

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Securities OTF Rate Card updates

08 Apr 2019 00:00

ICAP Securities OTF Rate Card updates

The Inflation Volume Matching platform rate card (IOIR, 1.7) has been updated effective 8 April 2019.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Securities OTF Rate Card updates

01 May 2019 00:00

ICAP Securities OTF Rate Card updates

The FX Forward rate card for RON (IOFX, 1.33) has been updated effective 1 May 2019.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-securities-otf.aspx

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 Limited,
2 Broadgate, London, 
EC2M 7UR, 
United Kingdom

ICAP Energy OTF rate card amendments

23 Jan 2019 00:00

ICAP Energy OTF rate card amendments 

• Changes have been made to the European Power Quarterly Volume Discount Thresholds. Venue Users exceeding the new thresholds in Q1 2019 will pay the discounted rate in Q2 2019.
• Additional Products added to Commodity Segment.

https://www.icap.com/what-we-do/our-mifid-ii-venues/icap-energy-otf.aspx

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 Limited,
2 Broadgate, London,
EC2M 7UR,
United Kingdom

Update to ICAP WCLK MTF

16 Jan 2019 00:00

Update to ICAP WCLK MTF 

ICAP WCLK MTF to launch new Fusion RFQ capability for Cash Equities from 21st January 2019.

• For information on RFQ please refer to the rulebook
• For information on Fee’s please see ICAP WCLK Rate card

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

Update to ICAP WCLK MTF

16 Jan 2019 00:00

Update to ICAP WCLK MTF 

ICAP WCLK MTF to launch new Fusion RFQ capability for Cash Equities from 21st January 2019.

• For information on RFQ please refer to the rulebook
• For information on Fee’s please see ICAP WCLK Rate card

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