Legal and Regulatory Information

Legal Notices

Exotix Partners LLP

Registered Office Address: 1st Floor, Watson House, 54 Baker Street, London W1U 7BU

Telephone: + 44 20 7725 1003

Europe

In Europe the Exotix group trades through Exotix Partners LLP.

Company Registration Number - OC371725

Registered Address: 1st Floor, Watson House, 54 Baker Street, London W1U 7BU

Regulator - The Financial Conduct Authority

FCA Registration Number - 586420

VAT Registration Number – 899 5343 55

Compliance Contact: Maxine Madsen, Compliance Officer

Exotix Partners LLP has wide ranging permissions that encompass almost all financial instruments and activities, including the holding of client money and assets. The full list of permissions can be accessed at https://register.fca.org.uk/.

Exotix Partners LLP approved persons can be accessed on the FCA Register, https://register.fca.org.uk/.

The role of Exotix

Exotix is licensed to provide a number of different financial services but the core business activity is providing liquidity to both buyers and sellers of financial instruments.

When intermediating in the financial markets Exotix will act in either a principal or agency capacity. When acting as principal Exotix will purchase and sell financial instruments in either its own name or that of its settlement agent, ICAP Securities Limited. ICAP Securities Limited is a subsidiary of ICAP Plc. More information about ICAP’s relationship with Exotix can be found at http://www.icap.com/who-we-are/associated-companies-and-joint-ventures/associated-companies.aspx

Further details on the nature of the service the Broker, as an Inter-Dealer Broker, provides to its clients can be found at: https://www.wmba.org.uk/assets/execution_policy_annex_2.pdf

MiFID

Following the implementation of the Markets in Financial Instruments Directive (MiFID) in the UK, we are required by the FCA to provide terms of business and a best execution and order handling policy. These documents are provided below.

Execution and Order Handling Policy:

This Policy applies to broker services provided to you by the regulated members of the Exotix Group referred to in our standard terms of business, as notified to you from time to time. This Policy should be read in conjunction with the terms of business.

The Policy sets out the arrangements Exotix has put in place to meet its obligations under the Markets in Financial Instruments Directive (MiFID) to give best execution to Professional Clients and to comply with client order handling rules. MiFID’s best execution regime requires us to take all reasonable steps to obtain the best overall trading result for Customers, taking into account price, costs, speed, likelihood of execution and settlement, size, nature or any other consideration relevant to order execution whether we are executing orders, on behalf of Customers or placing orders with, or passing orders, to others for execution.

Execution Policy

Terms of Business:

Terms of Business

Conflicts of Interest Policy:

Under the FCA’s Principles for Businesses, Principle 8 requires a firm to “manage conflicts of interest fairly, both between itself and its customers and between a customer and another client.” Under the Markets in Financial Instruments Directive (“MiFID”) Exotix is required to maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to identify, monitor and manage such conflicts of interest. The Exotix Group of companies has put in place a policy to meet this obligation and set out below is a summary of that policy and the key information that is needed by clients and counterparties (together “customers”) to understand the measures Exotix is taking to safeguard the interests of its customers.

Conflicts of Interest Policy

Pillar 3 Disclosures: Click here

Exotix USA Inc. Research Disclosures:

IB Business
Non-IB Business

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