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Foreign Exchange

FX comment: Icap raises £12mln

It felt like being invited up to the cool kids’ party, but we still missed the coolest of them.

It felt like being invited up to the cool kids’ party, but we still missed the coolest of them.


Icap’s 18th annual charity day on Wednesday raised £12.1 million – doubtless down to a bit of short-end switching and USD/DKK put-throughs. All profits made from the day go to more than 200 charities around the world.


There were some, we’re sure, who put business Icap’s way out of the kindness of their hearts, and others who thrilled to the possibility of being voice-brokered by such luminaries as Daniel Craig.


But James Bond had already left the party for a martini at home when theweeklyFiX arrived at our allocated time, as had two princes and a Spice Girl.


Prince William is said to hold the record for the largest deal ever brokered. It would be uncharitable to wonder if he arranged the €17 billion deal entirely by himself.


Still, we enjoyed a few glasses of bubbly and rubbed shoulders with the likes of Anneka Rice and the Kiwi bloke from Strictly Come Dancing, as well as the sight of Icap staff all dressed up.


Michael Spencer, CEO of Icap, says: “I would like to thank all our staff, customers and suppliers, as well as our distinguished guests for the huge effort they made in raising this record figure this year.”


Spencer, in a grey suit, white shirt and tie, was dressed as the CEO of one of the world’s largest interdealer brokers. Not much of a stretch for him, but he pulled it off with style.


Icap does lots for charity

2009


Hooray! Harry gets the job done for Icap

2008 Icap does it all for charidee

2007

It’s all for chariddee

2006

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