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.
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For further information please contact:
Lauren Crawley-Moore +44 (0)20 7797 1222
Anna Mascioni (Borsa Italiana) +39 027 2426 212
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 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
Further information about the London Stock Exchange Group Foundation can be found at:
Friendship Works for over 30 years has provided mentoring to disadvantaged children who benefit from encouragement, inspiration and support throughout some of the most crucial stages of their childhood. http://www.friendshipworks.org.uk/
In-Presa supports young people who face financial hardship and social isolation, offering professional skills training as well as opportunities to develop a better sense of citizenship. http://www.in-presa.it/