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Skip Navigation LinksHome :: Back Issues :: FX Market round-up: Icap raises £9.2 million for charity

January 2008

FX Market round-up: Icap raises £9.2 million for charity




Numerous celebrities made appearances in Icap’s offices around the world when the broker held its 15th annual charity day on December 12. The company donated all of the day’s brokerage – a total of £9.2 million ($18.8 million) – to various charities.

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Mezz is a risky product and it is priced accordingly. No one is yet going out there and undercutting but there is a chance this could happen. If someone wants to go ahead and use mezz as a loss leader, be my guest – but I am not going to do it

James Stirling, director in growth and acquisition finance at Investec

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