ICAP to Host 26th Annual Charity Day
ICAP, part of TP ICAP group, the world’s largest interdealer broker, is pleased to announce that its 26th annual global Charity Day will be held on Wednesday, December 5, 2018. On the day, 100% of the revenues and commissions ICAP generates globally will be donated to more than 100 charities worldwide.
More than 50 charities in the U.S. alone are set to benefit from the day’s proceeds. A number of charities will be joined and represented by celebrity ambassadors at ICAP’s new offices in New York’s Financial District, where they will help brokers close deals and boost broking volumes with clients. Michael Douglas, famed for his depiction of Gordon Gecko in the classic film Wall Street, is amongst the dozens of celebrities set to attend. Douglas will be representing Memorial Sloan Kettering. Other celebrities include Henrik Lundqvist representing the Henrik Lundqvist Foundation, David Wells representing The Perfect 33 Foundation and Chris Evert representing the USTA Foundation.
Thanks to the efforts of ICAP’s staff, customers and suppliers, ICAP Charity Day has raised nearly $200 million globally for more than 2,300 charities worldwide since it was launched in December 1993. In 2017 alone, $6.4 million was raised by ICAP’s 60-plus offices globally for over 100 charitable projects.
John Abularrage, CEO of TP ICAP Americas and Global Head of Broking, said: “Each year, Charity Day is an opportunity for all of ICAP’s offices to come together and support a number of honorable charities. We are delighted to be hosting the event for its 26th year.”
“In 2018, over 50 charities will benefit directly from the funds we raise in New York. ICAP is focusing on a theme of social mobility, with an emphasis on education and training; assisting disadvantaged children; and, health and disability. At ICAP we are honored to continue this proud tradition and have the chance to support charities who have incredible and unique stories.”
Security Traders Association of Chicago Fund helps with college financial scholarships.
Since it began, ICAP Charity Day has raised over £150m.
More than 35 exchanges are holding a virtual bell ringing or workshop during World Investor Week.
The scheme is designed to support women and underrepresented minorities to grow and sustain their businesses.
Since its founding 127 years ago, HFLS has provided over $350 mln to more than 875,000 borrowers.