SINGAPORE, Dec. 7, 2017 /PRNewswire/ -- ICAP, part of TP ICAP Group, the world's largest interdealer broker, is today pleased to announce that it raised US$6.4 million on its 25th annual global Charity Day.
ICAP offices across the Asia Pacific region, including Singapore, Hong Kong, Sydney and Wellington, participated in the fund-raising efforts, with 100% of ICAP's revenues and brokers' commissions going directly to charities.
At the ICAP Charity Day in Singapore on 5th December, guest of honour Mr Desmond Lee, Minister for Social and Family Development and Second Minister for National Development, spoke with customers to close deals worth US$80 million. Celebrity guests in Singapore included Dr Georgia Lee, Ann Kok, Pan Ling Ling, Andie Chen, Kate Pang and Vincent Ng. Sydney welcomed guests including Joe Hildebrand, Peter Overton, Mark Ferguson, Jean Kittson, Jordan and Zac Stenmark.
Meanwhile in London, the Duchess of Cornwall was guest of honour at ICAP's global headquarters. Celebrities including Drew Barrymore and Sugar Ray Leonard supported the U.S. Charity Day.
Barry Dennahy, Chief Executive Officer, TP ICAP, APAC, said: "Charity Day is one of the many things ICAP can be proud of and I'm delighted that we have taken stewardship of the event in its 25th year. ICAP has helped change the lives of thousands of people over the past quarter of a century. This year's events in APAC have continued this proud tradition."
John Phizackerley, Group Chief Executive Officer, TP ICAP, said: "I'm delighted to see that ICAP Charity Day raised US$6.4 million this week, bringing the total amount raised in 25 years to over US$200 million. This would not have been possible without the ongoing support of our customers, employees, suppliers and our guests."
"I would like to thank them all for their dedication and goodwill on behalf of ICAP and our charities. The amount raised will make a material difference to hundreds of charities around the world. We look forward to continuing to raise funds for much needed projects and initiatives in the next chapter for Charity Day."
A full list of the charities ICAP supported this year as well as more information about how ICAP's donation will make a difference can be found at www.icapcharityday.com.
2017 APAC charities supported by Charity Day included:
Media contacts:
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Tim Williamson
+65-9450-7361
twilliamson@we-watatawa.com
Notes to Editors:
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 25th year, ICAP, its customers and partners have collectively raised nearly GBP127 million to date. For further information, please visit www.icapcharityday.com.
About ICAP
ICAP matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks, post trade risk mitigation and ICAP's information services, provides data across all key asset classes and offers innovative solutions for real-time, end-of-day and historical products. ICAP is a TP ICAP company. For further information, please visit www.icap.com.
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