London, New York, Singapore, 5 December 2016 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces that its 24th annual global Charity Day will be held on Wednesday, 7 December 2016. On this day, 100% of ICAP’s revenues and commissions generated will be donated to more than 200 charities worldwide.
Since Charity Day was launched in December 1993, ICAP has raised nearly £127 million for more than 2,000 charities worldwide. In 2015 alone, £7.5 million was raised by ICAP’s 60 plus offices for over 200 charitable projects. This is equivalent to 3% of ICAP’s full year pre-tax profit for 2015/2016.
This year, Charity Day will be raising funds for another 200 charities, of which 12 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 and boost trading volumes in the process. This year, Their Royal Highnesses Prince Harry and The Countess of Wessex will be attending Charity Day in support of Sentebale, of which Prince Harry is a patron, and Shooting Star Chase, of which The Countess is a patron.
The full list of celebrities attending, will be announced on the day.
Their Royal Highnesses The Duke and Duchess of Cambridge, Jeremy Irons, Carey Mulligan, Drew Barrymore, Chris Hemsworth, Joanna Lumley, Jennifer Saunders and Julie Walters, were just a few of the many distinguished guests to have lent their support to ICAP and its charities in 2015.
Michael Spencer, Group Chief Executive Officer of ICAP, said: “ICAP Charity Day is a huge part of ICAP’s DNA. We founded ICAP 30 years ago and shortly afterwards developed a unique format for charitable giving which has since turned into a truly global fundraising event, replicated by many others in the industry. Now in its 24th year, ICAP Charity Day will support a further 200 extraordinary charities this year, all of whom are in need of funds to develop vital, life-changing projects which will make a difference to thousands of lives. We are dedicated to raising as much as we can for our charities, and are extremely grateful to our employees, customers and suppliers for their ongoing and generous support. Together we will all give 100%."
Notes to Editors:
2016 UK Charities supported by ICAP Charity Day
African Prisons Project
London’s Air Ambulance
Lord Mayor’s Appeal
Shakespeare’s Globe Trust
Shooting Star Chase
The Black Stork Charity- DNRC
The Eve Appeal
Background information on Charity Day
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 and its brokers 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 24th year, ICAP, its customers and partners have collectively raised nearly £127 million to date. www.icapcharityday.com.
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through its post trade risk mitigation and information services ICAP helps customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.
ICAP announced in November 2015 that it intends to sell its global hybrid voice broking and associated information business to Tullett Prebon plc (“Tullett Prebon”), including ICAP's associated technology and broking platforms (including iSwap and Fusion) and certain of ICAP’s joint ventures and associate companies (“IGBB”). On completion of the transaction with Tullett Prebon, the ICAP brand will be transferred to Tullett Prebon and the remaining ‘NewCo’ business comprising of Post Trade Risk and Information services and Electronic Markets will be rebranded NEX Group plc.
NEX Group plc will be headquartered in London and will employ 1,850 people in offices worldwide.