Prince Harry seals record currency trade deal

14 September,2011 09:00 AM IST |   |  Agencies

Prince Harry helped break the world record for the biggest currency trade as he took the call to complete the deal on Monday


Prince Harry helped break the world record for the biggest currency trade as he took the call to complete the deal on Monday.


'28 year choice': Prince Harry looked bemused as he chatted to the
trader on the other end using the technical language of the foreign
exchange trading floor. A broker described the royal's performance
as 'brilliant'. PIC/AFP


Harry, third in line to the throne, closed a foreign exchange deal worth 18 billion euros (Rs 1,169 crore) at brokerage BGC Partners' charity day in London.

He looked a little bemused as he chatted down the line to a trader from Barclays, using trading floor jargon.
Robert Sully, a broker on the foreign exchange desk who handed the telephone to the prince, described his performance as "brilliant".

"We told Harry to say '[28 your choice', which means you can buy or sell," he said. The planned trade went through and the BGC trader described it as the biggest forward foreign exchange deal in history. The previous record was set by Prince William, who completed a foreign exchange trade worth 17 billion euros (Rs 1,104 crore) last December.

The BGC fundraising day
is in memory of staff from its sister company, investment bank Cantor Fitzgerald, who died in the September 11, 2001 attacks in New York.

Rs 1,104 cr
The previous record of a foreign exchange trade made by Prince William

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Prince Harry helped break world record currency trade