Prince Harry’s £15.5 billion Foreign Exchange Deal

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Prince Harry closed a foreign exchange deal worth £15.5 billion at the BCG Partners charity day in London’s Canary Wharf. The charity day was organized in memory of 9/11 victims.

Prince Harry’s record-breaking deal surpassed the previous record set by his own his brother, the Duke of Cambridge, for 17 million euro. The prince was on the phone Sunday to complete the deal between Barclays London and a European counter-party based on projected currency values between September 13 and 14.

Prince Harry, 26, attended the event over the weekend on behalf of Sentebale, a charity he co-founded to support vulnerable children and orphans in the southern African country of Lesotho. The fundraising day was established by BCG, a global inter-broker dealer, in memory of staff from its sister company, investment bank Cantor Fitzgerald, who passed away during the 9/11 attacks in 2001 in New York. The firm lost 658 employees, more than even the New York Fire Department.

Despite being royalty, Prince Harry jumped right in and was involved throughout the day. Robert Sully, the broker on the foreign exchange desk who handed the phone to the prince, said that the royal’s performance was brilliant. “We told Harry to say 28 year choice” which means you can buy or sell.” The trade went through and BGC is describing it as the largest forward foreign exchange deal in history.

Other celebrities in attendance were Kelly Brook, Sophie Ellis Bextor, Chris Evans, Ronnie Wood, Ray Winstone, Sir Terry Wogan and London Mayor Boris Johnson.

Prince Harry spoke about his charity, Sentebale, and said, “We’re doing as much as we can in the time we’ve got available, but the fact these guys have chosen us as beneficiaries is absolutely fantastic.”

Among the 29 charities that benefitted from the day are Barnardo’s, Children in Need and Great Ormond Street Hospital.

Source: Daily Mail

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