LSEG raises £529,400 in first charity trading day
17 - 11:41
16 April 2012
London Stock Exchange Group raises £529,400 in first charity trading day
- Exceeds half a million pound target thanks to customer support and strong trading day
- Money raised will directly support LSE Group Foundation including new partner charities, "Friendship Works" and "In-Presa"
London Stock Exchange Group (LSEG) today announces that it raised £529,400 in its first ever Charity Trading Day held on 2 April. One day’s worth of equity trading fees from all the Group’s equity markets, London Stock Exchange, Turquoise and Borsa Italiana will be given to charity. Thanks to a strong trading day and the support of its customers, LSEG was able to beat its half a million pound target.
The money raised will be donated directly to the LSEG Foundation which supports a wide variety of charities including the Group’s new partner organisations: UK mentoring charity "Friendship Works" and Italian youth charity, "In-Presa"; as well as existing Sri Lankan partner charity, "Habitat for Humanity".
Xavier Rolet, CEO, London Stock Exchange Group said:
"I am delighted that our first ever Charity Trading Day has raised such a fantastic total. With the support of the market we have raised over half a million pounds. This will make a real difference to the good work we support through the LSEG Foundation.
"This has been an inspiring demonstration of what we and our customers can do together to support and successfully develop the communities in which we operate."
The Group’s new partner charities will benefit from a three year commitment from LSEG, both financial and in terms of staff engagement. The LSEG Foundation, which is 18 months old, will also continue to support a wide range of other charities, via one-off donations, through the Foundation’s grant application process. Since it was founded the LSEG Foundation has given over £1.2 million to charitable causes.
Martin Eales of RBC Capital Markets was the winner of the LSE Group’s online charity trading game, also launched on 2 April, with the best guess of the value of the FTSE100. The game helped to raise funds for Friendship Works. Mr Eales’ prize is a £2,000 donation to the charity of his choice and the opportunity to open morning trading at the London Stock Exchange.
- ends -
For further information please contact:
Lauren Crawley-Moore +44 (0)20 7797 1222
Anna Mascioni (Borsa Italiana) +39 027 2426 212
To download the press release: (file pdf - 59 KB)