LSEG launches second annual Charity Trading DayMar 14 2013 -
London Stock Exchange Group launches second annual Charity Trading Day
- Equity trading fees from one day across the Group to be donated to charity
- Over £500,000 expected to be raised
- LSEG Foundation’s partner charities open London trading
London Stock Exchange Group (LSEG) will today donate a day’s worth of equity trading fees from London Stock Exchange, Borsa Italiana and Turquoise – expected to be in excess of £500,000 – to charity.
Distributed through LSEG Foundation, the money raised will help support a wide range of charities in the communities in which the Group operates. These include Friendship Works, a London-based youth mentoring organisation; In-Presa, a youth development charity based in Milan; and Habitat for Humanity, a housing charity working with communities in Sri Lanka, which with funding from the LSEG Foundation has been able to build 105 homes for people displaced by civil war. For the first time, a proportion of the money raised on the day will also be donated to Comic Relief.
To celebrate the occasion, representatives from Friendship Works, In-Presa, UNICEF and Habitat for Humanity attended a Market Open Ceremony in London this morning. It was hosted by Tim Wright, who sits on the LSEG Foundation committee, and who is LSEG’s Group Chief of Staff. In Milan, a celebration banner was unveiled outside Palazzo Mezzanotte, Borsa Italiana’s headquarters.
Tim Wright, Group Chief of Staff, LSEG, said:
“Last year we received incredible support from our customers and we raised over half a million pounds. We’re delighted to be hosting our second Charity Trading Day and hope to beat last year’s total. We are especially pleased to welcome our partner charities to open trading this morning, and proud to be able to support them in all the incredible work they do.”
Last year, trading fees totalling £529,400 were donated to the LSEG Foundation, which has raised £1.5 million for a number of charities since its launch in 2010.
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering UK and Russian derivatives trading, pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world access to an extensive range of real-time and reference data products and market-leading post-trade services. The Group is also home to a world leading index provider FTSE, which creates and manages of over 200,000 equity, bond and alternative asset class indices.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1,850 people.
Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com