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Foreign Exchange

FX news: Foot in the pool isn’t so bad for Newt

The weeklyFiX was sad to hear of the death of the former leader of the UK’s old-style Labour Party, Michael Foot, on Wednesday. Possibly slightly less sad than us was Mark Comer, better known as Newt, who is a forward cable broker at Tullet Prebon.

Newt had the late Mr. Foot in the Tullet ‘dead pool’ and, as a result, scooped about eight grand.


The generous size of the fund built up because no one had won for four years. The game works by 30 participants drawing the name of a celebrity out of a hat every month. One particular sterling cash dealer can, in retrospect, be called unlucky – having drawn Foot three months in row, from December to February. Newt is said to have soothed him by buying breakfast.


Newt is the same Mark Comer who was told by his then boss at BGC, Tony Verrier, that he would “nail him to the wall” if he attempted to get out of his contract in the infamous Tullett/BGC poaching court case.

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