BGC Partners

BGC Partners, Inc. engages in the provision of brokerage services to the financial markets. The firm offers integrated voice, hybrid and fully electronic brokerage in a broad range of products, including fixed income, foreign exchange, equities, insurance, energy and commodities and futures. It also provides trade execution, brokerage, clearing, trade compression, post-trade, information and other back-office services. The company was founded in 1945 and is headquartered in New York, NY.

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BGC Partners is a global brokerage company primarily servicing the wholesale financial markets, specializing in the brokering of a range of products, including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, property derivatives, commodities, futures, and structured products. It also provides a range of services, including trade execution, broker-dealer services, clearing, processing, information, property and facilities management, and other back-office services to a range of financial and non-financial institutions.  In February 2013, BGC Brokers L.P. acquired the business and certain assets of Sterling International Brokers Limited. In May 2014, the Company acquired Mexican Inter-Dealer Broker Remate Lince, S.A.P.I. de C.V.

BGC Group (BGC) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago.

BGC Group (BGC) Surpasses Q2 Earnings and Revenue Estimates

NEW YORK , July 31, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of a Weather Derivatives Team with the hire of Nicholas and Eric Ernst. Nicholas joins the firm as Managing Director, BGC Weather Derivatives while Eric joins as Weather Broker.

BGC Group Hires Nicholas and Eric Ernst to Launch Weather Derivatives Desk

Broadstone Net Lease

Bridge Investment Group Holdings

BGC, BRDG and BNL have been added to the Zacks Rank #5 (Strong Sell) List on July 14, 2023.

New Strong Sell Stocks for July 14th

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 10, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its second quarter 2023 financial results conference call.

BGC's Second Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, August 2, 2023

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the issuer and senior unsecured debt ratings of BBB for New York, NY-based BGC Partners, Inc. (“BGC” or “the company”). The Outlook for the ratings is Stable. The ratings are underpinned by management's long record of producing mostly consistent operating results, adapting to market evolution, and ongoing emphasis on risk and liquidity management. The agency brokerage business model that obviates the need for significant inventory/investments risk positio.

KBRA Affirms Ratings for BGC Partners, Inc.

NEW YORK, July 3, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC Group," "BGC" or the "Company"), a leading global brokerage and financial technology company (formerly BGC Partners, Inc.), today announced that it has completed its corporate conversion to a Full C-Corporation. The Company has also changed its name to "BGC Group, Inc." and changed its Nasdaq ticker symbol to "BGC" from "BGCP".

BGC Partners Completes Corporate Conversion to Full C-Corporation, Name Change to BGC Group, Inc., and Ticker Symbol Change to "BGC"

NEW YORK , June 29, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending June 30, 2023, and provided an update on the timing of its corporate conversion. Updated Outlook BGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023.

BGC Partners Updates its Outlook for the Second Quarter of 2023 and Provides an Update on the Corporate Conversion

Webcast Available for Investors NEW YORK , May 25, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at Piper Sandler's Global Exchange & FinTech Conference at 3:30 p.m.

BGC Partners to Present at Piper Sandler Global Exchange & FinTech Conference on June 7, 2023

NEW YORK , May 25, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC" or the "Company") today announced the closing of its offering of $350.0 million aggregate principal amount of 8.000% senior notes (the "notes") on May 25, 2023. The notes are general senior unsecured obligations of BGC.

BGC Completes Offering of $350.0 Million of 8.000% Senior Notes

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns a senior unsecured debt rating of BBB with a Stable Outlook to the senior unsecured notes issued by BGC Partners, Inc. (NASDAQ: BGCP) (“BGC” or “the company”). The notes are scheduled to mature on May 25, 2028. BGC is a leading global wholesale brokerage and financial technology company serving an array of financial and capital market participants. BGC's customers encompass governments, corporations, and financial institutions, including banks, brokers, i.

KBRA Assigns Rating to BGC Partners, Inc. Senior Unsecured Notes Issue

NEW YORK , May 22, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC" or the "Company") today announced the pricing of its offering of $350 million aggregate principal amount of 8.000% senior notes (the "notes"). The notes will be general senior unsecured obligations of BGC.

BGC ANNOUNCES PRICING OF $350 MILLION OF 8.000% SENIOR NOTES

LONDON , May 17, 2023 /PRNewswire/ -- Fenics GO, an innovative global platform and service for accessing and transmitting financial information and trading financial instruments, including, exchange listed options and delta 1 products, operated by the Fenics division of BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners," "BGC" or the "Company"), today announced that it has introduced 37 HKEX MSCI derivatives products on to its multi award winning platform.  Working together with HKEX is an important step in expanding the range of products that Fenics GO can offer as well as acknowledging our goal of a more efficient, compliant, and cheaper method for arranging block trades for the wider market.

HKEX Suite of MSCI Products Launched with Fenics GO

BGC Partners, Inc. (NASDAQ:BGCP ) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Jason Chryssicas - Head, Investor Relations Howard Lutnick - Chairman & Chief Executive Officer Sean Windeatt - Chief Operating Officer Jason Hauf - Chief Financial Officer Conference Call Participants Rich Repetto - Piper Sandler Operator Greetings and welcome to the BGC Partners' First Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.

BGC Partners, Inc. (BGCP) Q1 2023 Earnings Call Transcript

BGC Partners (BGCP) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago.

BGC Partners (BGCP) Matches Q1 Earnings Estimates

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , May 3, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended March 31, 2023. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com.

BGC Partners Reports First Quarter 2023 Financial Results

BGC Partners (BGCP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BGC Partners (BGCP) Reports Next Week: Wall Street Expects Earnings Growth

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BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its first quarter 2023 financial results conference call. This call will take place on Wednesday, May 3, 2023, at 10:00 a.m. ET.

BGC Partners' First Quarter 2023 Financial Results Announcement to Be Issued Prior to Market Open on Wednesday, May 3, 2023

NEW YORK , March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023. Updated Outlook BGC continued to see broad-based revenue growth across all its asset classes as compared to the first quarter of 2022.

BGC Partners Updates its Outlook for the First Quarter of 2023

BGC Partners (BGCP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Strength Seen in BGC Partners (BGCP): Can Its 6.5% Jump Turn into More Strength?

The stock price is up about 35% year to date.

Why BGC Partners Stock Was Up 20.3% This Week

BGC Partners, Inc. (NASDAQ:BGCP ) Q4 2022 Earnings Conference Call February 27, 2023 10:00 AM ET Company Participants Jason Chryssicas - Head of IR Howard Lutnick - Chairman of the Board & CEO Jason Hauf - CFO Sean Windeatt - Chief Operating Officer Conference Call Participants Gautam Sawant - Credit Suisse Rich Repetto - Piper Sandler Operator Welcome to BGC Partners Incorporated Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

BGC Partners, Inc. (BGCP) Q4 2022 Earnings Call Transcript

BGC Partners (BGCP) delivered earnings and revenue surprises of 6.67% and 2.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

BGC Partners (BGCP) Beats Q4 Earnings and Revenue Estimates

BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , Feb. 27, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter and year ended December 31, 2022. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com.

BGC Partners Reports Fourth Quarter and Full Year 2022 Financial Results

LONDON , Feb. 22, 2023 /PRNewswire/ -- kACE, a division of Fenics Software Limited, an entity within the BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners," "BGC" or the "Company") group of companies, announced today the launch of kACE OMS, a key new module of its award-winning platform kACE Pro, that delivers an Order Management System ("OMS") for the FX options market. kACE OMS is unique in offering functionality FX options trading desks need to leverage internal and external liquidity, and risk management.

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