The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

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.

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree