Yieldbroker raises over $160K for Rett Syndrome & NF research on Charity Day 2019

Press Releases
30 September 2019

Charity 19

Yieldbroker, with the help of our markets community, has raised a phenomenal $163,000 for some very worthwhile causes.  Yieldbroker’s annual Charity Day - this year held on 26 September 2019 - raised much-needed funds for medical research, from transactions executed that day on Yieldbroker’s trading platform.

Each year Yieldbroker carefully chooses a small number of initiatives to support, most often choosing those which have a striking effect on people’s quality of life, yet have little support or funding already.

This year is no different. The funds raised are to be donated to Rett Syndrome (RTT) and Neurofibromatosis (NF) research at the Westmead Children's Hospital.

How will the funds be used to help Rett Syndrome patients? 

Rett Syndrome (RTT) is a genetic disorder that prevents the brain maturing the way it should. For affected children, what seems like normal development suddenly slows down or halts. The progress of the disease can see losses in communication and mobility, as well as intellectual disability and breathing problems.

Funds raised from the 2019 charity day will enable scientists at The Children’s Hospital at Westmead to develop and apply advanced gene-editing technologies in an attempt to find a cure for the syndrome. Increased funding is predicted to reduce the time to finding a cure, which may mean a cure is found during the lifetimes of the current generation of sufferers.

How will the donation help NF Research? 

NF is a disease that can cause severe disfigurement, blindness and deafness in patients through the formation of tumours. Tragically, when such tumours occur in children, there is an increase in the incidence of suicide in formative years.

The money raised from the 2019 charity day will go towards further clinical trials that target the reduction of the life-threatening tumours that form during the disease’s progression. While not an overall cure, it is hoped that the tumour reduction will save thousands of lives in Australia.

Heartfelt thanks to you

The tremendous success of the Yieldbroker Charity Day is thanks to the generosity of our markets community who provided support across all products trading on the platform on the day. As always, this is a collaborative effort.  We thank you for your impactful contribution.

Yieldbroker will present the money raised from Charity Day to Westmead Children's Hospital during its annual Radiothon on 18 October 2019, where the funds will be doubled.