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Prince Harry breaks world record by sealing huge foreign currency trade

London , Tue, 13 Sep 2011 ANI

London, Sept 13 (ANI): Prince Harry has closed a foreign exchange deal worth 15.5 billion pounds at the BGC Partners charity day in London's Canary Wharf.

 

Harry, 26, attended the event on behalf of Sentebale, the charity he co-founded to support vulnerable children and orphans in the southern African country of Lesotho.

 

He took to the telephone to complete the deal between Barclays London and a European counter-party based on projected currency values between September 13 and 14.

 

The fundraising day was established by BGC, a global inter-broker dealer, in memory of staff from its sister company, investment bank Cantor Fitzgerald, who died during the 9/11 attacks in New York.

 

The firm lost 658 employees - more even than the New York Fire Department.

 

Robert Sully, a broker on the foreign exchange desk who handed the phone to the prince, described the royal's performance as "brilliant".

 

The planned trade went through and the BGC trader described it as the biggest forward foreign exchange deal in history.

 

The prince beat the record set by his brother the Duke of Cambridge last December who completed a foreign exchange trade worth 17 billion euros during a charity day organised by City firm ICAP, an inter-dealer broker.

 

Harry, who was joined on BGC's trading floor by celebrities from the worlds of film, television, sport, politics, fashion and music to raise millions for 29 UK charities, praised the BGC staff for their work.

 

"It's great to see everybody making an effort on Monday morning," the Daily Mail quoted him as saying.

 

"Most of that corner down there have hangovers," he added jokingly while pointing to a group of traders nearby. (ANI)

 



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