Terms of business

General information

• Compliance Contacts (PDF, 63KB)
• Electronic Broking Data (PDF, 46KB)
• ICAP companies regulated in the EU (PDF, 104KB)
• Group Licensing (PDF, 59KB)
• ICAP legal entity identifiers (PDF, 168KB)
• ICAP multilateral trading facility market identifier codes (PDF, 96KB)

Terms of Business

• ICAP Terms of Business Asia:
  • Standard Terms of Business – ICAP Asia Pacific (PDF, 163KB)        
  • ICAP Securities Limited (DIFC Branch) - Terms of Business for Market Counterparties (PDF, 63KB)

• MIFID II
  
  As you are no doubt aware, the Markets in Financial in Financial Instruments Directive 2014/65/EU (MiFID II”) comes into effect in the UK and in other EU Member States from 3 January 2018. This will bring changes to the regulated financial services in Europe. We would like to draw your attention to the following documents:
  
  
  • Terms of Business for ICAP effective from 3rd January 2019
  • ICAP Scandinavia Fondsmaeglerselskab AS Terms of Business effective from 3rd January 2018
  • ICAP Deutschland GmbH Terms of Business effective from 3rd January 2018
  • ICAP Energy AS Terms of Business effective from 3rd January 2018
  • ICAP Energy AS Spanish Branch Terms of Business effective from 3rd January 2018
  • ICAP Energy Limited Spanish Branch Terms of Business effective from 3rd January 2018
  • Conflicts of Interest Policy
  • Risk Disclosures
  • Execution Policy

Legal Notices

• Important Legal Notice Concerning the Receipt from ICAP of Pricing Data (PDF, 79KB)

Policies & Statements

• Anti Bribery and Corruption Statement (PDF, 66KB)
• Anti-Money Laundering Financial Crime Policy Statement (PDF, 47KB)
• Client Confidentiality Approach - Commodities Markets (PDF, 168KB)
• Privacy Statement - Singapore (PDF, 38KB)
• Treatment of Client Money Statement (PDF, 15KB)

Financial Statements

• ICAP Securities USA LLC and Subsidiaries – Consolidated Statement of Financial Condition - December 2019 (PDF, 247KB)
• ICAP Corporates LLC – Unaudited Statement of Financial Condition - December 2019 (PDF, 229KB)
• ICAP Securities USA LLC and Subsidiaries – Consolidated Statement of Financial Condition - June 2019 (PDF, 133KB)
• ICAP Corporates LLC – Unaudited Statement of Financial Condition - June 2019 (PDF, 122KB)
• ICAP Corporates LLC – Unaudited Statement of Financial Condition - June 2018 (PDF, 103KB)
• ICAP Securities USA LLC and Subsidiaries – Consolidated Statement of Financial Condition - June 2018 (PDF, 122KB)
• ICAP Securities USA LLC - Statement of Financial Condition - March 2017 (PDF, 1.0MB) 
• ICAP Corporates LLC - Statement of Financial Condition March 2016 (PDF, 1.1MB)
• ICAP Securities USA LLC - Statement of Financial Condition March 2016 (PDF, 1.3MB)
• ICAP Corporates LLC - Statement of Financial Condition December, 2018 (PDF, 739KB)
• ICAP Securities USA LLC and Subsidiaries - Consolidated Statement of Financial Condition - December 31, 2018 (PDF, 927KB)

Pillar 3 Disclosures

• ICAP Energy Ltd (PDF, 379KB)
• ICAP Europe Ltd (PDF, 376KB)
• ICAP Securities Ltd (PDF, 389KB)
• IGDL (PDF, 374KB)
• Link Asset and Securities Ltd (PDF, 377KB)
• WCLK Ltd (PDF, 375KB)

Country by Country Reporting

• CRD IV ICAP Europe Ltd (XLSX, 14KB)
• ICAP Europe Country by Country Reporting Audit (PDF, 142KB)
• CRD IV ICAP Securities Ltd (XLSX, 16KB)
• ICAP Securities Ltd Country by Country Reporting Audit (PDF, 142KB)
• CRD IV iSwap Euro Ltd (XLSX, 14KB)
• iSwap Euro Ltd Country by Country Reporting Audit (PDF, 141KB)
• ICAP Europe Audit opinion (PDF, 142KB)
• ICAP Securities Audit Opinion (PDF, 140KB)
• iSwap Euro Audit Opinion (PDF, 141KB)
• CRD IV ICAP Europe Ltd_Mar16 (PDF, 37KB)
• CRD IV ICAP Securities Ltd_Mar16 (PDF, 44KB)
• CRD IV iSwap Euro Ltd_Mar16 (PDF, 38KB)