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Phoenix Partners Group Will Donate 100% of Their Revenues to Charity on Feb 12th, 2013NEW YORK & LONDON --(Business Wire)-- Phoenix Partners Group LP, a global interdealer broker, which will be registering as a SEF (Swap Execution Facility) in the United States, will donate 100% of the revenues it generates on Tuesday, February 12, 2013 to The Phoenix Foundation, Phoenix's charitable arm. Phoenix held its first Charity Day in 2007 after the untimely death of employee Josh Sawyer, who lost his battle to cancer at the young age of 28. This first charity day was held on what would have been Josh's 29th birthday. Since 2007, the firm has used Charity Day as a way to commemorate not only the life of Josh but other employees that it has lost along the way. Phoenix's London office uses Charity Day to commemorate the loss and celebrate the memory of Jerome Thibaud, who likewise tragically died at the age of 29. Today, Phoenix carries out its charitable efforts and operates all donations under the Phoenix Foundation, which was established to provide direct financial support to non-profit charities working with the underprivileged and at risk among us, particularly children and the elderly, the underprivileged, and people in need, in the greater communities of New York City and London, where the firm operates its business. Chief Executive Officer Nicholas Stephan states, "With the devastation of Hurricane Sandy this last October i our own backyard, we were able to see our charitable efforts at work. At Phoenix, we also believe that donating time is just as important as donating money. Many of our employees and their families logged dozens of hours working directly with Sandy's relief centers providing medication, food and general support to affected communities." For more information about Phoenix Partners Group and for a list of supported charities and foundations, please visit www.phoenixpartnersgroup.com. ABOUT PHOENIX PARTNERS GROUP Phoenix Partners Group, founded in 2005 is a New York-based Inter-Dealer derivatives broker with offices in New York and London. Phoenix provides a range of intermediary services to its financial client base, in credit, equities and rates. From inception, Phoenix has worked to extend its reach and standing through proprietary technology and strives to improve its clients experience through meaningful, workable technological change. For more corporate and market information, please visit www.phoenixpartnersgroup.com. ABOUT THE PHOENIX FOUNDATION The Phoenix Foundation was founded in 2011 by the partners and employees of Phoenix Partners Group to provide transformational philanthropic support to non-profit charities dedicated to addressing the needs for the underprivileged and at risk. Phoenix's partners and The Foundation's goal is to provide financial and in kind assistance, such as direct donations, grants, and scholarships, and other support to local, underfunded charities where the Foundation deems it can have a meaningful impact on the quality and continuation of the services and programs those charities provide. The foundation operates in both the US and UK. For more information about the Phoenix Foundation and its specific charities please visit http://phoenixfoundationcharity.org.
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