Settlement

Since inception, Exotix has traded and settled in the name of ICAP Securities Limited and this relationship is governed by a Clearing Agreement between the two firms.

Exotix liaises with ICAP Securities through a middle office.

Contact details are as follows:

Exotix

Chris Powell
Email: christopher.powell@exotix.co.uk
Tel: +44 (0) 207 725 1074
Fax: +44 (0) 207 725 1100

Danny Reynolds
Email: danny.reynolds@exotix.co.uk
Tel: +44 (0) 207 725 1055
Fax: +44 (0) 207 725 1100

John Seaman

Email: john.seaman@exotix.co.uk

Tel: +44 (0) 207 725 1077

Fax: +44 (0) 207 725 1100

ICAP Securities Limited

Mark Vaughan
Email: Mark.vaughan@icap.com
Tel: +44 (0) 207 000 5422

Settlement details for bonds

Euroclear settlements:
Account 92436 for standard bond settlement
Account 22490 for settlement of Nigeria and Venezuela oil rights
Account 12849 for settlement when nominal is in a different currency from cash settlement (excluding Eurozone pre-Euro currencies)

DTC Settlements
Account 148

ICAP Securities Limited BIC code: GBSLGB2L

Settlements details for loans

Loans are generally settled with Standard Bank Plc. Documentation is usually EMTA/LMA standard terms

Exotix can also arrange settlement of other fixed income assets such as Trade Paper and Commercial Paper