1v1 Institutional Counterparty Comparison
ICAP vs TBC: Regulation, 6D Ratings & Safety Audit
Deterministic head-to-head benchmarking of ICAP (TP ICAP group) and TBC (TREASURE BAY CAPITAL PTY LTD) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.
Coverage: Firms with licence warnings, enforcement flags or complaints
TBC outranks ICAP by +1.0 pts in composite 6D scoring (4.0 vs 3.0)
On supervisory breadth, ICAP holds 2 active regulated licence(s) (0 Tier-1) out of 4 total filings and 0 warning count(s), whereas TBC holds 0 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.
6-Dimension Quantitative Scorecard Comparison
Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).
| Evaluation Dimension | Methodology Weight | ICAP | TBC | Score Delta | Dimension Leader |
|---|---|---|---|---|---|
| Overall Composite 6D Score | 100% Composite | 3.0 | 4.0 | +1.0 | TBC |
| Regulatory & Licensing Integrity (riskScore) | 30% Weight | 3.0 | 4.0 | +1.0 | TBC |
| Execution & Software Infrastructure (industryScore) | 20% Weight | 2.0 | 3.0 | +1.0 | TBC |
| User Reputation & Complaint Telemetry (userScore) | 20% Weight | 0.0 | 0.0 | 0.0 | Statistical Tie |
| Institutional Brand Longevity (brandScore) | 15% Weight | 3.0 | 4.0 | +1.0 | TBC |
| Global Market Influence & Footprint (influenceScore) | 15% Weight | 3.0 | 4.0 | +1.0 | TBC |
Visual Architecture Benchmark: ICAP vs TBC
Vector comparison exhibit generated from live supervisory snapshot metrics.
Regulatory Standing, Entity & Platform Comparison
Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.
| Audit Attribute | ICAP | TBC |
|---|---|---|
| Primary Legal Name | TP ICAP group | TREASURE BAY CAPITAL PTY LTD |
| Source Risk Classification | Risk level not supplied | Risk level not supplied |
| Active Regulated / Total Filings | 2 regulated / 4 total (0 Tier-1) | 0 regulated / 1 total (0 Tier-1) |
| Recorded Certificate Numbers | ||
| Registered Domicile / Address | TP ICAP Group plc 135 Bishopsgate London United Kingdom EC2M 3TP | Vistra Corporate Services Centre, Suite 23, 1st Floor, Eden Plaza, Eden Island, Mahe, Republic of Seychelles。 |
| Offered Asset Classes & Services | interest rates, stocks, FX, money markets, fixed income, local markets, credit, commodities | FX and CFDs trading |
| Execution Software & Terminals | Proprietary / Web Platform | Proprietary / Web Platform |
| Supported Client Languages | English | English |
| Warning / Exposure Count | 0 recorded warning(s) | 0 recorded warning(s) |
| Specialized Sub-Page Audits |
Related 1v1 Institutional Comparisons
Compare ICAP and TBC against other regulated peers in our firms with licence warnings, enforcement flags or complaints slice.
Frequently Asked Questions: ICAP vs TBC
Deterministic counterparty comparison answers derived from supervisory records.
Which institution has stronger regulatory oversight: ICAP or TBC?
ICAP holds more active regulated filings (2 vs 0). Specifically, ICAP maintains 4 total recorded filing(s) (Financial Conduct Authority, MAS, ASIC, CFTC) with 0 warning flag(s), whereas TBC maintains 1 recorded filing(s) (ASIC) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.
How do the 6D quantitative compliance scores compare between ICAP and TBC?
In RegTech Codex's 6-Dimension scoring matrix (0.0–10.0 scale), ICAP records an Overall Score of 3.0 (Risk & Licensing: 3.0, Brand: 3.0, Market Influence: 3.0, User Reputation: 0.0, Execution & Software: 2.0), compared with TBC at 4.0 Overall (Risk & Licensing: 4.0, Brand: 4.0, Market Influence: 4.0, User Reputation: 0.0, Execution & Software: 3.0).
How do ICAP and TBC differ in trading platforms and asset classes?
ICAP lists interest rates, stocks, FX, money markets, fixed income, local markets, credit, commodities with execution software [proprietary/web execution], while TBC lists FX and CFDs trading with execution software [proprietary/web execution]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.
Which counterparty carries lower regulatory warning and complaint exposure: ICAP or TBC?
ICAP carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while TBC carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).
Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.