Prince William sets trading record

Mr.Machina's picture
Rank: Baboon | 104

Saw this article while waiting for my next class to begin:

http://uk.finance.yahoo.com/news/Prince-William-sets-trading-yahoofinanceuk-1692430497.html?x=0

Prince William has broken City records with a EU17billion (PS14.2billion) currency deal while taking part in a charity event at brokerage firm ICAP.

The newly engaged RAF officer was dressed for his role as a currency trader in a sharp navy-suit but was the only one - the staff of ICAP dressed up as everything from bananas to Batman (and in one case an RAF pilot).

"I have got Batman and Robin standing either side of me... They are very slow here. I have had to come and give them some help," the Prince joked.

And help them he did. The completed PS14.2billon deal he helped broker between Barclays and Credit Suisse was greeted with applause from the room, as it broke the record for the largest voice-brokered, forward, foreign exchange deal.

But rather than increasing bankers' bonuses, all the profits from the deal -- along with all the other deals done by ICAP that day -- will go to charity. Last year the City firm made more than PS11million as it donated its day's profits to a range of 200 charities, including one - Skill Force -- which Prince William is the patron of.

William was joined in the event by his father -- who was involved in a string of trades as well - and a host of stars, including Daniel Craig, David Tennant and Geri Halliwell.

Comments (18)

Dec 9, 2010

Thats a pretty cool concept.

I believe Goldman's PR department is setting up a similar event where they donate a days profits to al-Qaeda.

Dec 9, 2010

So...Prince, pilot, engaged to a hot ass broad and now a record setting trader...share the wealth guy damn

Cool concept though maybe this will help reduce the hatred for wall street/banks in general...or it'll just highlight how much traders can make and exascerbate the issue...pretty funny al-Qaeda joke though haha

If I had asked people what they wanted, they would have said faster horses - Henry Ford

Dec 9, 2010

Bet the guy who usually does fx forwards was pissed..

Dec 9, 2010

I wouldn't call him a recordsetting trader when he was acting as an interdealer broker, its a bit like saying Barry Bond's bat boy holds the record for most homers in a single season.

That aside, of course I'd love to be him, and the event is pretty cool and for a good cause.

Dec 9, 2010
Revsly:

I wouldn't call him a recordsetting trader when he was acting as an interdealer broker, its a bit like saying Barry Bond's bat boy holds the record for most homers in a single season.

That aside, of course I'd love to be him, and the event is pretty cool and for a good cause.

Calling him a batboy just did have the same...pop ya know. Fair point though

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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Dec 9, 2010

The guy getting his order filled from Harry musta been quite happy indeed...

'come on, Prince, get it done!!1'

Dec 9, 2010

BTIG does the same thing every year too but they invite guys like Eli Manning to come be guest brokers.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.

Dec 9, 2010

Wow, that's not cool at all. The brits get a Prince that's an air force pilot and the actual fucking James Bond for their event... who do we get? Oh, that's right Sarah Jessica Parker and Tyra Banks. Really cool...

http://dealbreaker.com/2010/12/caption-contest-wed...

Dec 9, 2010
Nouveau Richie:

Wow, that's not cool at all. The brits get a Prince that's an air force pilot and the actual fucking James Bond for their event... who do we get? Oh, that's right Sarah Jessica Parker and Tyra Banks. Really cool...

http://dealbreaker.com/2010/12/caption-contest-wed...

exactly my thoughts
the girls were cool but honestly were trying too hard to be airhead-cutesy (jessica) and funny (tyra)

Dec 9, 2010

Yeah, because paying for a figurehead royal family make sense.

Dec 9, 2010

she monkey - something wrong with your PM inbox?

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.

Dec 9, 2010

^^^
lol, T4S, have you been using WSO to pick up on women?

...nice.

Dec 9, 2010

Ive known she monkey for like 3 years now.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.

Dec 10, 2010

Ahha Marcus, facedesk.

I agree that it's a cool concept, I'm glad companies are taking a bit of initiative on the CSR front, but one thing that irks me a bit is how celebrities are using their fame to leverage their way into the record books, so to speak. I feel like actual bankers should hold records for the work they do, not celebs.

Dec 10, 2010

^---- dude, there are no banker "record books" get real. It was reported once in the media and it was only reported because Prince William is the one who did it, if it was just a run of the mill trade but a very large one, none of us would have even heard of it. Its Prince William thats making it noteworthy, not the trade/size of the trade.

Dec 10, 2010

did anyone else hear back from the superday on 12/6?

IVY for Life

Dec 10, 2010

How does this family even make money? Are they just forn show and the UK pays them?

I mean, do they add any value to the UK? Never really thought about this.

Dec 11, 2010
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