Terms of business

General information

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:

Important Legal Notice Concerning the Receipt from ICAP of Pricing Data (PDF, 79KB)
NFA Virtual Currency disclosure
The National Futures Association (“NFA”) requires its members which broker virtual currency futures to supply to their virtual currency clients two notices related to virtual currency risk. Therefore, ICAP Energy Ltd, an NFA registered Introducing Broker, provides the two notices which can be accessed electronically on the below links:
- Customer Advisory: Understand the risks of Virtual Currency Trading (PDF, 88KB)
- NFA Investor Advisory: Futures on Virtual Currencies Including Bitcoin (PDF, 75KB)