Vantage matches all client donations to UNHCR for a month

Rick Steves

Vantage has announced a month-long donation drive in support of UNHCR, the UN Refugee Agency, to help refugees and internally displaced persons worldwide.

The international multi-asset broker will be matching all donations from both new and existing clients, dollar for dollar, to support humanitarian efforts undertaken by UNHCR.

The donation drive will run for one month until 30 August and may be extended based on client feedback.

Food insecurity, climate, Ukraine, Africa, and Afghanistan

Sofiia Starchevska, ESG Ambassador at Vantage, added: “It’s infinitely more empowering and motivating knowing that your actions are one of many. It’s easier to see the power of collective, as opposed to individual, action, and this is what we want to achieve with this fundraising activity.”

“At Vantage, we know that the mental, emotional, and physical trauma of being displaced and having to rebuild in a strange land is a massive challenge, and we hope our initiative will double our support for refugees to seek protection and enable them to rebuild their lives. Together with UNHCR, we hope to make care our shared currency.”

Ann Moey, Partnerships Manager at UNHCR, commented: “International solidarity is needed now more than ever, and all sectors of society can do their bit to help. Support from private sector partners like Vantage helps us inject vital energy into our humanitarian efforts, and allows us to deliver more assistance to vulnerable, displaced communities worldwide.”

The UNHCR is dedicated to saving lives, protecting rights, and building a better future for refugees. The number of people forced to flee conflict, violence, human rights violations, and persecution has now crossed the 100 million mark for the first time on record, according to UNHCR data.

The donations are expected to be used to help refugees fleeing from food insecurity, the climate emergency, the Ukraine invasion, as well as other crises in Africa and Afghanistan.

Vantage in ESG drive

Vantage is accelerating its corporate ESG journey. The broker had recently announced its ESG programme, which formalizes its employees’ ongoing efforts as they’ve been implementing localized ESG projects for their local community for years, from volunteer work and donations to fundraising and education.

Earlier this month, Vantage announced the programme would include a worldwide blood donation drive, fundraising for refugees, and supporting free financial education initiatives in emerging markets to improve financial literacy and boost financial independence.

The donation drive followed closely after Vantage’s partnership with Supercar Blondie in participating in the Blue Carbon ESG initiative in Sardinia, Italy, as well as its multi-year sponsorship of the McLaren MX Extreme E team.

Vantage offers multi-asset brokerage services covering a whole range of CFDs on Forex, Commodities, Indices, and Shares.

Read this next

Interviews

OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.

Interviews

CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.

Interviews

Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.

Industry News

Wise claims 92% of banks hide or inflate FX fees despite Cross-Border Payments Regulation 2

“Banks continue to exploit loopholes in EU regulation to mislead their customers and overcharge them through fees hidden in inflated exchange rates.”

Industry News

Goliath Partners opens Miami headquarters to recruit C++ developers for fintech and trading

I’m extremely excited to be pursuing this venture and having the backing of such knowledgeable entrepreneurs who have seen success time and time again. We’ve already made brilliant headway working with leading investment houses and trading exchanges. It’s just the start, but we’re already making a huge difference with our work.”

Industry News

IOSCO calls for cooperation against cross-border scams, greenwashing, misconduct, and fraud

“Regulators need effective resources, practices, tools, and techniques to promote consumer protection and market integrity, which is supported through participation in critical multilateral forums such as IOSCO.”

Institutional FX

Archax rolls out tokenization engine as LawtechUK confirms legal standing of tokens

“As the UK’s first FCA regulated digital securities exchange, we are now building on this to pave the way to make traditional assets interoperate with Web 3.0.”

Technology

Broadridge migrates bond e-trading platform LTX to AWS

“LTX is committed to offering innovative e-trading technology that facilitates transparency and liquidity discovery. By migrating to AWS, LTX can leverage the scalability of the cloud to continue to deliver enhanced data and execution capabilities to our clients.”

Executive Moves

CME Group taps Tim McCourt as Head of Financial & OTC Products as Sean Tully retires

“We appreciate the leadership Sean provided over the past decade for our financial products businesses, which included the successful migration to SOFR derivatives that now serve as the leading tool for hedging short-term interest rates. We are fortunate to have Tim McCourt, who has extensive experience across financial products, to lead these important business lines that allow our clients to manage risk in key asset classes.”

<