GMP Securities to Donate 100% of Trading Commissions joined by Grit Capital, Einstein Exchange and Vanbex Ventures who will donate Cryptocurrencies in Support of Covenant House Toronto
TORONTO, May 28, 2018 /CNW/ - GMP Capital Inc. (GMP) (TSX: GMP), a leading Canadian diversified financial services firm, announced today that its subsidiary GMP Securities L.P., in partnership with Grit Capital, Einstein Exchange and Vanbex Ventures, will host a charity trading day on Wednesday, June 6, 2018, in support of Covenant House Toronto's anti-sex trafficking campaign.
GMP Capital Inc. is also proud to renew its title sponsorship for the second annual 'Grand Commission' being held the evening of June 6, 2018 at the Ritz Carlton Toronto. The GMP Capital Grand Commission is a multi-dimensional fundraiser that merges pledge-driven corporate giving with a black-tie affair. Employing innovative strategies to accelerate fundraising initiatives, the Grand Commission identifies the most vulnerable areas of Toronto – with proceeds from the 2018 gala in support of Covenant House.
The first of its kind in Canada, this year's charity trading day combines traditional equity trading with the dynamic world of cryptocurrency trading. On June 6, 2018, GMP Securities L.P. will donate 100% of all agency trading commission dollars from institutional equity trades generated. Joining GMP that day will be Einstein Exchange, Vanbex Ventures and Grit Capital who will donate cryptocurrency trading commissions.
Celebrities such as Canadian NHL players Barclay Goodrow of the San Jose Sharks and Ryan Murphy of the Minnesota Wild, together with Todd Shapiro of SiriusXM will join the GMP trading desk on the morning of June 6, 2018 to be part of the benevolent movement.
"We are very grateful to our clients and employees for generously partnering with us to make this year's charity trading day part of the solution to this serious problem," said Harris Fricker, President and Chief Executive Officer, GMP.
"We pride ourselves on bringing innovative strategies to charitable giving and corporate responsibility. We are pleased and honored to renew our collaboration with GMP Securities and to partner with one of Canada's fastest growing crypotocurrencies exchanges, Einstein Exchange, and one of Canada's most successful blockchain advisory firms Vanbex. To host what we believe to be the first charity cryptocurrency trading day in history," said Genevieve Roch-Decter, Chief Executive Officer, Grit Capital and Vice-Chair of the Grand Commission.
The Grand Commission would also like to thank MODUS Ristorante and Bardi's Steak House for sponsoring the kickoff trading desk event and trading desk luncheon.
Deemed the Charitable Event of the Season, the Grand Commission is an extraordinary commemoration of generosity in the community. For additional detail, including sponsorship information and how to purchase tickets, please visit our website at www.thegrandcommission.com.
ABOUT THE GRAND COMMISSION
The GMP Capital Grand Commission is a multi-dimensional fundraiser that merges pledge-driven corporate giving with a black-tie affair. Founded by Brittney Kuczynski and Genevieve Roch-Decter, our goal is to raise funds and awareness to help the most vulnerable victims of society – with proceeds from our 2018 event donated to Covenant House Toronto. To accelerate our fundraising efforts, one June 6th GMP Capital will donate 100% of its trade commission's directly to charity – followed by Einstein & Vanbex Ventures who will also donate crypto commissions.
ABOUT GRIT CAPITAL
Grit Capital is a capital market advisory firm based in Toronto, Canada. In a nutshell: We "Tell the Right Story to the Right People" and "Incessantly Chase ROI". We showcase our clients to investors through targeted 1x1 meetings, events, conferences, cross-north America roadshows and on social media. We pride ourselves on "out of the box" thinking to captivate mindshare. The intersection of "fun" and "informative" is where we and our clients thrive. We control our own messaging through our media platform GritMedia featuring a weekly newsletter that goes out to +1500 curated finance professionals, YouTube channel and conference series. We currently have over 10k high quality followers such as portfolio managers, retail advisors and accredited investors.
For further information, please visit our corporate website at www.gritcapital.ca and on Instagram: @gritcapital
ABOUT GMP CAPITAL INC.
GMP is a leading independent diversified financial services firm headquartered in Toronto, Canada, providing a wide range of financial products and services to a global client base that includes corporate clients, institutional investors and high-net-worth individuals in two integrated reporting segments. The Capital Markets segment provides investment banking, including advisory and underwriting services, institutional sales and trading and research through offices in Canada, the United States, the United Kingdom and The Bahamas. Wealth Management consists of GMP's non-controlling ownership interest in Richardson GMP Limited. Richardson GMP Limited, Canada's largest independent wealth management firm, is focused on providing exclusive and comprehensive wealth management and investment services delivered by an experienced team of investment professionals. GMP is listed on the Toronto Stock Exchange under the symbol "GMP". For further information, please visit our corporate website at gmpcapital.com.
ABOUT COVENANT HOUSE
Proceeds generated from the Gala event will benefit Covenant House Toronto, Canada's largest agency serving at-risk, homeless and trafficked youth Toronto, providing the widest range of services and support to as many as 250 youth a day. More than a place to stay, Covenant House provides 24/7 crisis shelter and transitional housing on-site and in the community, along with comprehensive services including education, counselling, health care, employment assistance, job training and after-care.
Corporate pledges will directly benefit Covenant House' crisis home, an extension of its 'Just Like a Girl You Know' campaign targeted at combating sex trafficking in Toronto. Sex trafficking, the most common type of human trafficking in Canada, is largely a domestic crime. Nearly 90% of victims are females as young as 13, and on average 17. Toronto has been identified as a trafficking hub in Canada and city police estimate the number of victims may be in the thousands. These girls and young women come from every part of the country and every background. Covenant House Toronto is among the few agencies providing comprehensive services to young sex trafficking victims. The agency has helped thousands of sexually exploited and trafficked victims over the past 36 years. For more information, please visit CovenantHouseToronto.ca.
SOURCE Grit Capital
Genevieve Roch-Decter, [email protected]; Brittney S.J. Kuczynski, [email protected]
Share this article