Wall Street has a heart.
Institutional broker BTIG recently completed its 11th Commissions for Charity Day where it raised over $4 million and made the event a success, according to Steve Starker, co-founder of BTIG. The firm is contributing to 150 charities.
The charities managed to benefit from low volatility and enjoyed the support of a bull market as program traders, hedge funds, mutual funds and other institutional accounts kept the phones ringing, Starker told Traders Magazine.
As is the broker’s longstanding practice, employees and clients not only contribute time and finances to the event, but they also nominate charities and non-profits for donation consideration. BTIG encourages clients to select child focused organizations.
Since the event’s inception eleven years ago, BTIG has raised upwards of $29 million.
But perhaps the best indicator of the event’s success was in the participants’ faces. Here are some of the images that marked the day.
