Why it was vi­tal for us to give back in the wake of tragedy

The Wharf - - Tech & Business - By Pippa Allen-Kin­ross

I n our in­dus­try we are very for­tu­nate and I think we have a re­spon­si­bil­ity to help other peo­ple, par­tic­u­larly af­ter we were able to re­build the com­pany from the dis­as­trous day of Septem­ber 11,” said BGC pres­i­dent Shaun Lynn.

Among the vic­tims of the 9/11 at­tack on the World Trade Cen­tre in 2001 in New York were 658 Can­tor Fitzger­ald em­ploy­ees and 61 Euro­bro­kers.

Each year since 2004, BGC has do­nated rev­enues from a day’s trad­ing to char­ity in mem­ory of its af­fil­i­ates’ staff, with celebri­ties called in from the 50 or­gan­i­sa­tions sup­ported to close deals on the phones, boost­ing pub­lic­ity and do­na­tions for the good causes. Be­fore its 2017 event on Mon­day it had raised £137mil­lion.

Shaun said: “We wanted to give some­thing back. It was a tragedy. We lost so many peo­ple, it was a ma­jor part of our com­pany. Our US branch was very strong and promis­ing and we had to com­pletely re­build.

“We de­cided straight away a part of that re­cov­ery should be sup­port­ing the fam­i­lies of our col­leagues who died. Th­ese char­ity days are a way of ex­pand­ing that.

“It’s im­por­tant we do that. All of our global of­fices take part in the day, in­clud­ing Aus­tralia, Ja­pan, Sin­ga­pore and Hong Kong.”

He added: “We have suc­cess­fully re­built the com­pany, but the events of that day made a real dif­fer­ence.

“We are much larger than we were but most of the se­nior man­age­ment were with us on Septem­ber 11, 2001, in­clud­ing my­self. You don’t for­get that. It’s in our DNA.

“Ev­ery­one thinks they could do more for char­ity, but we have such busy lives and you end up not get­ting around to it.

“The most im­por­tant thing you can give to char­ity is your time and peo­ple, par­tic­u­larly in our in­dus­try, should make sure they do that more.”

BGC pres­i­dent Shaun Lynn closes a deal

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