ICAP Australasia raises A$50,000 from Market Rock to support Music Therapists in the Oncology Ward at Children’s Hospital Westmead
10 September 2015
Sydney, 10 September 2015 – ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, is pleased to announce that A$50,000 was raised from the 15th Market Rock event held yesterday at the iconic music venue, “The Basement”.
Market Rock is a long-standing financial market band night which was founded by Brad & Jason Howell and Victor Gugger from ICAP in 2000. Sponsored by ICAP, ANZ, Commonwealth Bank, Westpac, AMP Capital, Markit and QBE, this event attracted 500 members of the financial industry for an evening of fun and music. In partnership with the Sebastian Foundation, the funds raised will be donated to the Music Therapists in the Oncology Ward at the Children’s Hospital Westmead.
In addition to four great bands who rocked the main stage, the evening’s highlight was a great performance by special guest, Guy Sebastian, who sang a few of his hit songs, delighting an enthusiastic crowd. He was there on behalf of The Sebastian Foundation.
Brad Howell, CEO of ICAP Australasia said, “We are extremely pleased with the success of the Market Rock event this year and funds raised to support a charitable cause very close to our hearts. As always, we are very grateful to all the sponsors and financial industry representatives for their generosity and time.”
The event has grown from humble beginnings, as an informal gathering at the local pub for musicians in the financial markets, to what it has become today, an annual corporate charity event that gives staff and clients of the supporting firms the opportunity to perform in front of their colleagues and peers attracting over 800 people. The event has raised about A$1 million over the history of the event.
Market Rock secured the initial funding to establish fulltime music therapists for children undergoing treatment for cancer at the Westmead children’s hospital and has continued to support this service for the last 15 years with the money it raises each year.
Market Rock was formally incorporated as a non-profit entity, Market Rock Inc, in 2014 to ensure the longevity and non-commercialisation of this important industry event.
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through its post trade risk mitigation and information services ICAP helps customers manage and mitigate risks in their portfolios. For more information, go to www.icap.com.