Singapore, 11 December 2019 ICAP, part of TP ICAP group, the world’s largest interdealer broker, is today pleased to announce that it raised $6 million on its 27th annual global Charity Day, yesterday.

Celebrity ambassadors, including actor and singer William So, FLY Entertainment Artistes Constance Lau and Adele Wong, celebrity aesthetician Dr Georgia Lee, and actor and model Paul Foster attended ICAP Charity Day in Singapore on Tuesday; while celebrity guests including actor Bradley Cooper and baseball star Alex Rodriguez joined employees to raise money in New York yesterday. The global event took place across ICAP’s 27 global offices, with 100% of ICAP’s revenues and brokers’ commissions donated directly to charitable causes.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

 “I am delighted that this year’s ICAP Charity Day raised $6 million, bringing the total amount raised to approximately $190 million since the first Charity Day in 1993. The fantastic amount raised by our 27th annual Charity Day will make a significant difference to many great causes and initiatives around the world.

I would like to thank our customers, employees, suppliers and our celebrity guests for their dedication and goodwill on behalf of ICAP Charity Day.”

Five charitable organisations in Singapore benefited from ICAP Charity Day this year. A full list of the charities ICAP supported this year, as well as more information about how ICAP’s donations will make a difference, can be found at www.icapcharityday.com

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Media contacts:
Bridget McArthur, Aspectus Group
E: Bridget.mcarthur@aspectusgroup.com
T: +44 (0) 207 092 8132

Notes to Editors:

2019 Singapore Charities supported by ICAP Charity Day

Down Syndrome Association (Singapore)

KKH Health Endowment Fund

Lions Home For The Elders

Society for the Prevention of Cruelty to Animals (SPCA)

The Singapore Repertory Theatre

Gareth Southgate, David Walliams and Bradley Cooper joined ICAP to raise money for over 100 charities across the globe

London, 11 December, 2019: ICAP, part of TP ICAP group, the world’s largest interdealer broker, is pleased to announce that it raised £4.6 million on its 27th annual global Charity Day, held yesterday.

A host of stars, including England football manager Gareth Southgate, TV personality David Walliams, model Jodie Kidd and actress Anna Friel, attended ICAP Charity Day in London on Tuesday; while celebrity guests including actor Bradley Cooper joined employees to raise money in New York yesterday. The global event took place across ICAP’s 27 global offices, with 100% of ICAP’s revenues and brokers’ commissions donated directly to charitable causes.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

“I am delighted that this year’s ICAP Charity Day raised £4.6 million, bringing the total amount raised to approximately £150 million since the first Charity Day in 1993. The fantastic amount raised by our 27th annual Charity Day will make a significant difference to many great causes and initiatives around the world. I would like to thank our customers, employees, suppliers and our celebrity guests for their dedication and goodwill on behalf of ICAP Charity Day.”

26 UK charitable organisations benefited from ICAP Charity Day this year. A full list of the charities ICAP supported this year, as well as more information about how ICAP’s donations will make a difference, can be found at www.icapcharityday.com.

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Notes to Editors:

2019 UK Charities supported by ICAP Charity Day

Aware NI
Best Beginnings
The Bobby Moore Fund for Cancer Research UK
Carney’s Community
Coram
The Eve Appeal
Fight for Sight
PSE for a Child’s Smile
The Foundling Museum
Grief Encounter
Into Film
The Katie Piper Foundation
Leadership Through Sport & Business
The Lily Foundation
London Youth Choirs
The Lord Mayor’s Appeal
Momentum Children’s Charity
Mudlarks Community
National Numeracy
The Prince’s Trust
Prostate Cancer UK
Royal Air Forces Association
Space for Giants
Supershoes
Teens Unite Fighting Cancer

New York, December 11 2019 – ICAP, part of TP ICAP group, the world’s largest interdealer broker, is pleased to announce that it raised $6 million on its 27th annual global Charity Day, held yesterday.

A host of celebrities, including Oscar-nominated actor, Bradley Cooper, sports stars Alex Rodriguez and Adam Graves, alongside model Lily Aldridge and actor David Costabile, attended ICAP Charity Day in New York on Tuesday to raise money for many charitable causes.The event took place across ICAP’s 27 global offices, with 100% of ICAP’s revenues and brokers’ commissions donated directly to charitable causes.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

“I am delighted that this year’s ICAP Charity Day raised $6 million, bringing the total amount raised to approximately $190 million since the first Charity Day in 1993.

The fantastic amount raised by our 27th annual Charity Day will make a significant difference to many great causes and initiatives around the world. I would like to thank our customers, employees, suppliers and our celebrity guests for their dedication and goodwill on behalf of ICAP Charity Day.”

Over 45 US charitable organizations benefited from ICAP Charity Day this year. To learn more visit www.icapcharityday.com.

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Contacts:
Kylie Souder, Aspectus Group
Kylie.Souder@aspectusgroup.com

Notes to Editors:

2019 U.S. Charities supported by ICAP Charity Day

A Free Bird Organization
AmpSurf
Arms Wide Open
Blythedale Children’s Hospital
Big Brothers Big Sisters of Durham
Big Brothers Big Sisters of New York City Boston Children’s Hospital
Boys and Girls Club of Brazoria Texas
Children in Conflict
Children’s Cardiomyopathy Foundation Civic Duty Partners Fairfield County Sports Commission
News Release
TP ICAP Classification: Public
FBI Academy Foundations
Free Arts NYC
Gilda’s Club Kentuckiana
Healing Emergency Aid Response Team 9/11, Inc.
The Healing Place Louisville
Hope Autism
Hope for a Healthier Humanity
Houston LEAD
International Network for Public Schools
The Jerome Bettis Bus Stop Here Foundation
Leukemia & Lymphoma Society
The Manhattan Children’s Center
The Matthew Larson FDN for Pediatric Brain Tumors Mariano Rivera Foundation
Michelle Paternoster FDN Sarcoma Research
National Multiple Sclerosis Society
NEO Philanthropy – Refuge Action Fund
New Heights
NYU Langone Health One Family Foundation
Orthopaedic Foundation
Phelan McDermid Syndrome Foundation Reach the World
Restore NYC, Inc.
Right to Play Rogers Clemens Foundation
Ronald McDonald House of Chapel Hill
SickKids Foundation SmileZone Foundation St. Jude Children’s Hospital
Stop Soldier Suicide The Italian American Baseball Foundation
UNICEF
We Can Kick It 22q11

Ambassadors include Bradley Cooper, Alex Rodriguez and Adam Graves 

ICAP, part of TP ICAP group, the world’s largest interdealer broker, is pleased to announce that its 27th annual global Charity Day will be held on Tuesday, December 10, 2019.

Each year, ICAP Charity Day raises money for charities across the globe, with 100% of the revenues and commissions generated on one day donated to a variety of causes. Last year 120 different charitable organizations benefited worldwide.

Since Charity Day was launched in December 1993, ICAP has raised nearly $185 million for more than 2,400 charities worldwide. In 2018 alone, $5.7 million was raised by ICAP’s 27 global offices.

This year, Charity Day will again be raising funds for around 100 charities globally, of which over 45 are US charities. On the day, ICAP employees on the broking floor will be joined by a group of celebrities who will speak directly to ICAP’s US customers on the phone to close deals, boosting broking volumes in the process.

This year celebrity ambassadors attending ICAP Charity Day in the US include Oscar nominated actor, director, writer and producer Bradley Cooper on behalf of his One Family Foundation, which aims to improve the experience of cancer patients through better patient navigation and a more holistic approach to cancer care. Other celebrities include the sports stars Alex Rodriguez representing Civic Duty Partners, and Adam Graves representing SmileZone Foundation.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

“At this year’s ICAP Charity Day, we are looking forward to supporting charities with the main focus on social mobility as part of our overall company CSR strategy, ‘A Voice for All,’ giving people a chance in life whatever their background or circumstances.

I am delighted we are supporting charities with an emphasis on education and training; assisting disadvantaged children and families; health and disability; and also with charities involved with the environment and animal welfare, another important area which we are pleased to support. I hope that the funds we raise will create significant opportunities for each of these amazing causes.”

2019 US Charities supported by ICAP Charity Day
A Free Bird Organization
AmpSurf
Arms Wide Open
Blythedale Children’s Hospital
Big Brothers Big Sisters of Durham
Big Brothers Big Sisters of New York City
Boys and Girls Club of Brazoria Texas
Children in Conflict
Children’s Cardiomyopathy Foundation
Free Arts NYC
Gilda’s Club Kentuckiana
Healing Emergency Aid Response Team 9/11, Inc.
The Healing Place Louisville
Hope Autism
Houston LEAD
International Network for Public Schools
The Jerome Bettis Bus Stop Here Foundation
Leukemia & Lymphoma Society
The Manhattan Children’s Center
The Matthew Larson FDN for Pediatric Brain Tumors
Michelle Paternoster FDN Sarcoma Research
National Multiple Sclerosis Society
NEO Philanthropy – Refuge Action Fund
New Heights
NYU Langone Health
Orthopaedic Foundation
Phelan McDermid Syndrome Foundation
Restore NYC, Inc.
Right to Play
Ronald McDonald House of Chapel Hill
SickKids Foundation
Stop Soldier Suicide
UNICEF
We Can Kick It

ICAP, part of TP ICAP group, the world’s largest interdealer broker, is pleased to announce that its 27th annual global Charity Day will be held on Tuesday, 10 December 2019.

Each year, ICAP Charity Day raises money for charities across the globe, with 100% of the revenues and commissions generated on one day donated to a variety of causes. Last year 120 different charitable organisations benefited.

ICAP’s Charity Day has raised almost £145 million for more than 2,400 charities around the world since it was launched in 1993. In 2018 alone, £4.5 million was raised by ICAP’s 27 global offices.

In the UK, 26 charitable organisations are set to benefit this year. They will be joined by their celebrity patrons and ambassadors at ICAP’s offices in London, where they will help brokers close deals and boost broking volumes with clients, both on the telephone and through the company’s electronic platforms.

David Walliams, on behalf of the charity Into Film; Gareth Southgate OBE and Geri Horner on behalf of The Prince’s Trust; Claudia Winkleman representing The Katie Piper Foundation, together with Harry Redknapp and Ray Winstone on behalf of Prostate Cancer UK and Anna Friel representing Space for Giants are among the distinguished celebrity ambassadors who will be attending ICAP Charity Day in London this year to support the charities.

Nicolas Breteau, Group Chief Executive Officer, TP ICAP, said:

“At this year’s ICAP Charity Day, we are looking forward to supporting charities with the main focus on social mobility as part of our overall company CSR strategy, ‘A Voice for All,’ giving people a chance in life whatever their background or circumstances.

I am delighted we are supporting charities with an emphasis on education and training; assisting disadvantaged children and families; health and disability; and also with charities involved with the environment and animal welfare, another important area which we are pleased to support. I hope that the funds we raise will create significant opportunities for each of these amazing causes.”

TP ICAP, the world’s largest interdealer broker, announces that it has appointed Joanna Nader as Global Head of Strategy.

Joanna was previously Managing Director, RBC Capital Markets, where she was Head of Diversified/Specialty Financials Research, covering a number of financial companies, including TP ICAP. Before joining RBC Capital Markets, Joanna spent nearly 10 years as the Chief Investment Officer of JRJ Group, a private equity firm focused on financial services. Joanna also worked at Lehman Brothers where she was the lead analyst covering Speciality Financials and European Investment banks, before becoming Chief of Staff, Office of CEO Europe, Middle East & Africa.

Nicolas Breteau, Chief Executive of TP ICAP, said: “I am very pleased Joanna has agreed to join TP ICAP. She is a hugely experienced and highly respected financial services professional and joins us at an important time as we design our new strategy for 2020 onwards.”

Joanna Nader said: “I am delighted to be joining TP ICAP. TP ICAP sits in the heart of the world’s financial, energy and commodities markets and I am very excited about the opportunities for growth that I believe the company has.”

ICAP Information, part of TP ICAP, the world’s largest inter-dealer broker, has launched a first-of-its-kind data package covering African OTC markets. 

The new product will make data captured by ICAP’s long-established South African desk available commercially to the general marketplace for the first time, including many areas for which there has previously been no data available.

The information covers multiple asset classes including FX, fixed income and interest rates across a wide range of countries and regions throughout the continent, namely Botswana, Ghana, Kenya, Mauritius, Nigeria, South Africa, Tanzania, Uganda, and Zambia.

The release is the latest output from the closer relationship between TP ICAP’s Data & Analytics and broking divisions, as the company looks to increase the collaboration between its business units and diversify its product and client base. The information in the new offering will be beneficial to customers with exposure to the continent across a number of day-to-day activities, from the front-office, covering price discovery and accurate securities pricing, through to the middle and back offices including risk management, valuation and independent price verification.

Tullett Prebon, part of TP ICAP, the world’s largest interdealer broker, is pleased to announce the successful settlement of the first Insurance Linked Notes (ILN) transaction following onboarding of the first group of clients to its newly launched ILN platform.

The new ILN initiative is spearheaded by Tullett Prebon’s Insurance-Linked Securities (ILS) Desk, which was formed in 2008 and is a leading broker in catastrophe bond secondary trading worldwide. The ILS Desk has traded with multiple ILS counterparties throughout the world, including dedicated ILS Funds, Reinsurance Company funds, Multi Asset Managers, Multi Strategy Hedge Funds,

Pension Funds and Investment Banks. In addition, the new ILN Platform is available to Insurers, Reinsurers, Corporates and other potential protection buyers.
ILNs are fully collateralized, securitized, listed and tradable instruments. They are Industry Loss based instruments, similar, to Industry Loss Warranties, but designed to provide clients with a more cost efficient method of protecting, investing in and hedging catastrophe risk.

Steve Emmerson, Head of ILS at Tullett Prebon, said: ”The ILN platform from Tullett Prebon introduces a unique combination of tools under one roof, including real time ILN risk analytics, the ILN issuance vehicle, our voice assisted trading platform, and ILN market data. This enables all approved counterparties to design, analyse and trade in catastrophe risk. “

“We can issue ILNs for as low as USD5m in size, which tends to be impractical for industry loss based Cat Bonds due to the issuance costs involved” Emmerson added. “And unlike ILWs, these are tradable instruments and provide for anonymity between parties.”

“We have worked hard for some time now to bring this to fruition, alongside many partners and service providers, including our partners at Artex Risk Solutions (Bermuda) Ltd, Analyze Re as well as our clients.”

Rob Eastham, Executive Chairman of Artex in Bermuda said “We are delighted that Artex is one of Tullett Prebon’s key partners in the introduction of this transformational product, which provides both market liquidity and a cost-efficient trading solution. As Steve mentioned, the design and launch were a significant task which we believe will greatly benefit the ILS industry, with the end goal of becoming the platform of choice for future innovation in index linked trading.“
Adrian Bentley, Managing Director of Analyze Re said, “We are excited to be working with Tullett Prebon on this innovative product and our aim is to provide the most flexible and transparent picture of risk for each potential ILN prior to trading. All registered users will have access to our real-time analytics which will enable protection buyers and sellers to instantly evaluate the risk based on factors including geography, type of catastrophe, and trigger level.”

Two of the fully onboarded ILN clients, LGT and Schroders, also observed the breakthrough.
“We are constantly exploring new ways of accessing reinsurance transactions on behalf of our institutional investor base” said Christian Bruns, Partner and Portfolio Manager at LGT ILS Partners.
“We were structuring the first cat bond light deals back in 2012 and launched Lumen Re as our rated balance sheet in 2017. Tullett Prebon’s ILN platform is now taking ILS innovation one step further and represents a very efficient new tool to both protection buyers and sellers. We are excited being the first ILN clients to execute a deal on this new platform.”

Daniel Ineichen, Head of Fund Management, Schroder Secquaero said: “We congratulate the team at Tullett Prebon for the successful launch of its ILN platform. We believe that this innovative solution has the potential to further accelerate the growth of the ILS market. The degree of transparency provided in combination with the flexibility to buy or hedge risks, offers an effective and cost efficient way to enhance the management of ILS portfolios.”

TP ICAP, the world’s largest interbroker dealer, today announced that it has acquired ClearCompress Limited, an algorithm-based compression service in cleared and uncleared derivatives that helps its clients achieve cost efficiencies and reduce capital requirements.

TP ICAP first took a stake in ClearCompress in November 2018 but has now agreed to acquire the remainder of the company.  ClearCompress, along with its key team members, will sit within TP ICAP’s growing portfolio of optimisation products, including the post-trade risk management platform MatchBook.

ClearCompress is a targeted compression solution, which has been designed to solve the inefficiencies of existing multi-lateral compression services. It offers:

• An on-demand, fast execution service capable of completing multiple compression runs intra-day;
• High levels of compression efficiency as a result of innovative algorithms and targeted client services;
• A light touch service; helping clients make better use of their constrained resources;
• Flexible quant analysis and execution, highly configurable to client risk parameters; 

Nicolas Breteau, CEO of TP ICAP, said: “We are delighted to have acquired ClearCompress and seen a recent live run in action. This is a unique and cost-efficient offering which will be a valuable addition to our stable of optimisation services.”

David Hill, CEO of ClearCompress, said: “I am really pleased that ClearCompress will now become part of TP ICAP as we progress to the next stage of our development. We originally set up ClearCompress to address the inefficiencies within the existing compression services and believe that our light-touch, fast and highly efficient solution will prove very popular with TP ICAP’s unrivalled client base.”

TP ICAP, the world’s largest interdealer broker, announces that it has appointed Amir Zaidi as Global Head of Compliance.

Prior to TP ICAP, Amir spent 9 years at the US Commodity Futures Trading Commission (“CFTC”) in a variety of roles, most recently, Director, Division of Market Oversight. In that role, Amir led a team of 90 staff across four offices to oversee derivatives platforms and swap data repositories and the CFTC’s market intelligence initiatives. He also performed the role of Legal Counsel & Policy Advisor for two Commissioners and Special Counsel, Division of Market Oversight. Prior to his career at the CFTC, Amir worked at the Financial Industry Regulatory Authority and at Arnold & Porter LLP. Amir will be based in TP ICAP’s New York office with effect from September 2019.

Nicolas Breteau, Chief Executive of TP ICAP, said: “I am very pleased that Amir will be joining TP ICAP. Amir brings a vast amount of regulatory experience in our sector which will be critical for TP ICAP as we continue to develop our world class compliance function in support of our market leading and diverse range of businesses across wholesale financial markets and the growing data and analytics sector.”

Amir Zaidi said: “I am delighted to be joining TP ICAP. It is clear that regulators are very focused on the role of interdealer brokers in financial markets and their operation of trading venues in support of a wide range of clients. I hope to leverage my experience for TP ICAP and its clients and assist in the evolution of the firm’s compliance function.”

TP ICAP’s Group Head of Compliance will report to Philip Price, Executive Director and Group General Counsel. 73 compliance professionals across 14 offices will report to the Global Head of Compliance.