Privacy Policy

This is the policy ("Privacy Policy") of ICAP Management Services Limited and its subsidiaries and affiliates ("ICAP") regarding the privacy of information that ICAP may collect on this website (the "Site"). This Privacy Policy only applies to the information that ICAP collects on the Site and does not apply to information ICAP collects by any other method.

Collection of Information When you register to use the Site or choose to submit information to the Site, ICAP may collect information from you such as your name, postal address, email address, telephone number, your firmís name or comments. Generally, the information ICAP collects on the Site is used only for ICAPís own internal purposes, for example, to improve the content of the Site, to improve ICAPís marketing and promotional efforts, to statistically analyse Site usage patterns on an aggregate basis, to improve ICAP content and Site offerings, operate, evaluate and improve our business including developing new products and services; managing our communications, protect against and prevent fraud, unauthorised transactions, claims and other liabilities, and manage risk exposure and quality, evaluate your interest in employment and contact you regarding possible employment, comply with and enforce applicable legal requirements, industry standards and our policies and terms, such as our Terms of Use. The information may be used by ICAP to contact you to provide you with information ICAP believes may be useful to you. ICAP believes that these uses allow it to improve the Site and better tailor it to meet users' needs. We also may use the information in other ways for which we provide specific notice at the time of collection.

Disclosure of Information Unless specifically provided in a specific notice at the time of collection, ICAP shall not sell or broker any of the information that ICAP receives from you through your use of the Site to any third parties. As a general rule, ICAP will not disclose any personal information to any third parties, except in the following circumstances: (i) when ICAP believes in good faith that it is required under applicable law, (ii) to protect other users of the Site, or (iii) to respond to an emergency and as set out below. The recipients of such information may include companies or individuals that are established in countries outside of the European Economic Area and which may not have comprehensive data protection laws.

Information may be given to third-party contractors or other persons or entities that ICAP engages in the course of outsourcing certain functions. Information will be shared with such third-party contractors, persons or entities only to the extent reasonably necessary for them to perform services on ICAPís behalf and not for any other purpose, and pursuant to reasonable confidentiality obligations. ICAP may disclose information if legally required to do so, if requested to do so by a governmental entity or regulatory authority or if ICAP believes in good faith that such action is necessary to comply with legal requirements or process, prevent a crime or protect national security. If you engage, or ICAP reasonably suspects that you are engaging, in any illegal activity, ICAP may disclose your personal information without a subpoena, warrant or other court order to the extent ICAP determines in its sole discretion is necessary to cooperate with appropriate authorities. ICAP reserves the right to transfer any information that ICAP has collected about you through your use of the Site to a third party that acquires a portion of ICAPís business or in the event that ICAP sells or otherwise transfers some or all of its assets related to the Site.

ICAP maintains reasonable administrative, technical, physical, electronic and procedural safeguards to protect personal information you provide against unauthorised access and disclosure, accidental loss, use, alteration and destruction. ICAP complies with, relevant laws and regulations regarding personal data.

Access and Correction Under the laws of some jurisdictions, you may have the right to request access to your personal information and to request correction of it, if it is incorrect. If, at any time, you do not wish for ICAP to contact you using the information that ICAP has collected, or you wish to review, update or delete your personal information or you have any questions concerning our Privacy Policy, please feel free to contact ICAP by post using the following address: Legal Department, ICAP Group, 2 Broadgate, London, EC2M 7UR.

Other Websites The Site may contain links to third-party websites over which ICAP has no control. ICAP is not responsible for the privacy policies or practices of such other websites and ICAP encourages you to review the privacy policies, if any, on such websites.

Cookies ICAP may place a small text file called a "cookie" in the browser files of your computer. The cookie itself does not contain personal information, although it will enable the Site to relate your use of the Site to information that you have specifically and knowingly provided to the Site (such as username) and to track your use of the Site. Tracking information is used to create information on user demographics and Site traffic patterns on an aggregate basis and is not connected to the identities or other personal information of individual users. For further details on how ICAP uses cookies click here.

ICAP reserves the right to modify this Privacy Policy from time to time, in its sole discretion, by updating this web page. It is your responsibility to review this Privacy Policy periodically.



This communication and all information (including the methodology, market prices/levels and data) contained therein (the "Information") is for personal and internal information purposes only unless specifically authorised otherwise in writing by ICAP ("Permitted Purpose"), is confidential and is the intellectual property of ICAP plc and/or one of its group companies ("ICAP"), Tullett Prebon (Europe) Limited and/or Marex Spectron International Limited (together "Tankard Parties").

You agree that you will not (i) disclose the Information or any part of it to any person (where "person" shall include without limitation any individual, partnership, company or corporation) except that you may disclose such Information to officers and employees of your employer, (ii) use the Information in any manner that may impair, damage, disable, interfere with or otherwise compromise the Information or anyone else's use of Information, or (iii) use the Information for any purpose other than the Permitted Purpose. You agree to comply with all laws and regulations governing the downloading, installation and/or use of the Information.

Save as provided above, or unless you have obtained the prior written consent of ICAP, you agree that: (i) the Information shall not be used to provide data or services to any other person; (ii) the Information shall not be leased, licensed, transferred, redistributed, retransmitted, resold, disclosed or otherwise made available to any other third party in any form whatsoever; (iii) the Information shall not be used to access, copy, transfer, retransmit or transcode content in violation of any law or third party right; and (iv) the Information shall not be used in any way whatsoever in connection with pricing engines, risk management systems, credit websites, portfolio management or mark-to-market functions. You agree to comply with all reasonable instructions notified to you by ICAP from time to time in relation to your access to and use of the Information.

All Information contained herein and any opinions expressed in it, have been derived from sources believed to be reliable and in good faith they are not to be relied upon as authoritative or taken in substitution for the exercise of your own commercial judgment. The Information is directed to Eligible Counterparties and Professional Customers only and is not intended for Retail Clients (as each term is defined by the rules of the Financial Conduct Authority ("FCA")). This information has no regard to specific investment objectives. Any opinions expressed in it are subject to change without notice and may differ from opinions expressed by other areas of the Tankard Parties and/or the ICAP group. This Information is not, and should not be construed as, an offer or solicitation to bid, sell or buy any product, investment, security or any other financial instrument. The Tankard Parties do not make any representation or warranty, express or implied, as to the accuracy, completeness or correctness of this information. The Tankard Parties do not accept any liability for any loss or damage, howsoever caused, arising from any reliance on any information or views contained in the Information.