Jefferies announced it would hold a 'Doing Good Global Trading Day' on January 16, 2025, to support organizations providing aid for first responders and those impacted by the Los Angeles wildfires. On this day, the firm committed to donating 100% of its net global commissions from all client trading in equities and fixed income. This initiative underscores Jefferies' commitment to community support during times of crisis.
In addition to the commission donations, Jefferies pledged a $1 million direct contribution to relief efforts. The firm also encouraged its nearly 6,000 employees to personally support the affected communities. Contributions collected during the month following this trading day will be allocated to qualified charities to ensure direct support for those in need.
CEO Rich Handler and President Brian Friedman stated that the trading day provided an opportunity for Team Jefferies and its clients to provide much-needed support. Jefferies has a history of holding such Global Trading Days, having raised over $60 million in the past five years for various humanitarian crises and natural disasters.
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