London, 1 December 2014 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it will hold its 22nd annual global Charity Day on Wednesday, 3 December 2014. On this day, 100% of ICAP's revenues and commissions generated globally will be donated to more than 200 charities worldwide.
Since Charity Day was launched in 1993, ICAP has raised more than £110 million for over 1,600 charities worldwide. In 2013 alone, £9.5 million was raised by ICAP’s 60 plus offices globally, for over 200 charitable projects. This equates to 3% of ICAP's full year pre-tax profit for Full Year 2013/2014.
This year, Charity Day will again be raising funds for another 200 charities globally, of which 14 are UK charities. On the day, these charities will be joined by their celebrity patrons who will speak directly to ICAP's customers on the phone to close deals, boosting trading volumes in the process. This year, His Royal Highness Prince Harry will be attending Charity Day in support of the Rugby Football Foundation. The full list of celebrities attending will be announced on the day. In the past, His Royal Highness The Prince of Wales and His Royal Highness The Duke of Cambridge, Her Royal Highness The Duchess of Cornwall, Cheryl Fernandez-Versini, Damian Lewis, Boris Johnson, Mo Farah, Matthew McConaughey, Halle Berry and many other distinguished guests have attended to lend their support to ICAP and its charities.
Michael Spencer, Group Chief Executive Officer of ICAP, said: "Charitable giving has always been of central importance to ICAP. We consistently strive to grow Charity Day, innovating each year to continue to make a significant difference to the extraordinary charities that we support. This year is no different. Despite the challenging market environment, we are dedicated to raising as much as we can to fund vital, life-changing projects. We are extremely grateful to our staff, customers and suppliers whose enthusiastic and generous support makes this possible, together we will all give 100%."
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Notes to Editors
ICAP Charity Day was founded in 1993 to grow its charitable giving programme through an innovative fundraising initiative that would make a significant difference to charities. Made possible through its unique position in the financial markets, the Group committed to donating all revenues and commissions on one day a year to a select group of charities around the world to guarantee that they would receive a sizeable contribution to fund much needed projects and initiatives. Now in its 22nd year, ICAP, its customers and partners have collectively raised more than £110 million to date.
Action Against Hunger
Alive & Kicking
Down’s Syndrome Association
Francis Crick Institute
Kings College Paediatric Allergy Research Department
Lord Mayors Appeal 2014 (which supports: Beating Bowel Cancer, Princess Alice Hospice, Raleigh International, Working Chance, The Chelsea Opera Group, The Sir John Cass’s Foundation)
National Foundation for Youth Music
Prostate Cancer UK
Rugby Football Foundation
Women for Women International
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. Group companies provide services that match buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.