NEW YORK--(BUSINESS WIRE)--ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces that it has raised US$15.5 million worldwide on its 21st Charity Day, held yesterday. This is equivalent to approximately 3 percent of ICAP’s full-year pre-tax profits.
Michael Spencer, Group Chief Executive Officer of ICAP, said: "This is again an incredible achievement and I’d like to thank our employees, customers and suppliers as well as our distinguished guests. They have all made an enormous effort to raise this figure for the 200 charities we are supporting around the world.”
100% of ICAP's revenues and 100% of its brokers' commissions from the day go directly to charities. This year, ICAP is supporting 200 charities globally, having supported more than 1,400 charities since the first Charity Day in 1993. 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.
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, please go to www.icap.com.