BGCs customers include many of the worlds largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC Partners, Inc Class A Common Stock (BGCP) - Nasdaq mesurer votre utilisation de nos sites et applications. Entrepreneur of the Year award. Investors and Media - BGC Partners Our Charity Day application process is now open! (Reuters) - A derivative suit accusing brokerage BGC Partners Inc's board and major shareholder of completing an "unfair" $975 million acquisition and investment to benefit CEO Howard. In addition, our BGC Trader and BGC Market Data platforms offer financial technology solutions, market data and analytics related to financial instruments and markets. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. BGC PRTNRS : BGC Partners Trades Fully Electronic Euro Interest Rate Swaps This situation arises when the corporation's profits are taxed initially at the corporate level and then again at the individual level when these profits are distributed as dividends to shareholders. Sterling International Brokers Limited, a currency broker, acquired in February 2013. Our Financial Services business provides a full range of trade execution and broker-dealer services. BGC Partners is an American global financial services company based in New York City and London. No other finance apps are more loved. Howard W. Lutnick Joined Bob Pisani on CNBC From Piper Sandlers Global Exchange & FinTech Conference, The Fed is DONE Raising Rates Howard W. Lutnick Joined Joe Kernen and Melissa Lee on CNBCs Squawk Box, BGC Partners Reports First Quarter 2023 Financial Results, Notices for California Consumers Subject to the California Consumer Privacy Act. SEC Filings - BGC Partners SEC Filings Click here to view filings for BGC Group, Inc. All Forms All Years First Previous 1 2 3 4 5 Next Last Click here to view filings for Newmark. Please sign in or register. Data as of Jul 03 2023. BGC Partners, the global brokerage and financial technology company, has announced the completion of its corporate conversion to a full C-Corporation. BGC, through its brands, including BGC, GFI, Sunrise Brokers, Poten & Partners and RP Martin and Fenics, is specialized in the brokerage of a range of products, including fixed income such as government bonds, corporate bonds, and other debt instruments. . We offer our customers access to more than 200 financial products including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products. Privacy Statement | The company and its associated businesses also operate offices around the world: BGC Charity Day was founded in 2005 to raise money for the Cantor Fitzgerald Relief Fund and other nonprofits as a way to honor the victims of 9/11. BGC Partners, Inc., (NASDAQ:NASDAQ:BGCP) Q1 2021 Earnings Conference Call April 29, 2021 11:00 AM ETCompany ParticipantsJason McGruder - Head of Investor RelationsHoward Lutnick - Chairman. If you would like to customise your choices, click 'Manage privacy settings'. Along with its affiliate, Cantor Fitzgerald, $12 million is raised globally and donated to charity. Website Terms of Use | /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company,. Over 100 MINT brokers from its international business join the Company. Who We Are. Shareholders are typically held accountable only for their investment in the corporation's stock, which means they are shielded from personal liability for the corporation's debts and legal obligations. Find the latest BGC Partners, Inc. (BGCP) stock quote, history, news and other vital information to help you with your stock trading and investing. BGC PARTNERS, INC.'s Virtual Shareholder's Meeting - Meeting page BGC Partners Completes Corporate Conversion to Full C - Benzinga BGC Partners : Shareholders Board Members Managers and Company Profile Suit over BGC's $975 mln deal with Cantor unit can head to - Reuters Disclaimer. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Long Term Speculative Grade Investment Grade Sort by Most Recent Debt Type / Sub-Type Rated Entity / Debt Ratings Entity Details Debt Type & Identifiers Other Details Issuer: BGC Partners, Inc. Debt Level: senior unsecured Through its Fenics group of electronic brands, BGC offers a range of market infrastructure and connectivity services, including its Fully Electronic marketplaces, and the Fully Electronic brokerage of certain products. Notices | The change also extends to the company's . Built upon the foundation of cutting edge technology and exceptional talent, BGC Group is a pioneering global brokerage and financial technology company servicing the financial markets. Business Continuity | All content on FT.com is for your general information and use only and is not intended to address your particular requirements. BGC Group, Inc. will commence trading on Nasdaq under the new ticker symbol at the market opening on 3 July 2023. Cision Distribution 888-776-0942 You can also follow BGC at http://ir.bgcg.com. BGC Partners Inc, BGC:NSQ profile - FT.com - Financial Times This followed BGC receiving CFTC approval to operate a Swap Execution Facility in September 2013.[25][26]. Charity Day 2023 will take place on. In January 2019 Ed Broking Ltd, another London headquartered Lloyd's insurance broker was added to the Group. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing . We are agile and dynamic in our approach, delivering world-class products to our diverse customer base on a daily basis. In November, BGC announces its acquisition of Poten & Partners and BGC spins-off its former subsidiary Newmark Group, Inc. For more information, please visit BGC's new website at http://www.bgcg.com. The donation was given out in the form of $1,000 debit cards given out to area families. Telephone: ASTfinancial.com The Company has also changed its name to "BGC Group, Inc." and changed its Nasdaq ticker symbol to "BGC" from "BGCP". Media Contact:Karen Laureano-Rikardsen+1 212-829-4975, Investor Contact:Jason Chryssicas+1 212-610-2426. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, kACE2, and Lucera, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. [22] The sale caused BGC to see the biggest gain in stock prices since going public in December 1999. 26 April, 2023 article Chairman and CEO Howard W. Lutnick joined Liz Claman on The 16 March, 2023 The change also extends to the company's . Its decision followed a civil court ruling that Verrier led an unlawful poaching conspiracy against rival interdealer broker Tullett Prebon and did not tell the truth about it in court. 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. [17] The article stated that Cantor Fitzgerald and Moody's had been feuding for months over differing opinions of Cantor's profitability. [23] The assets sold to Nasdaq in this deal represented $100 million in sales in 2012, less than 6% of BGC's overall total. MARKET CAP. BGC Partners (BGCP) said on Thursday that it expects to complete its conversion to a full C-corporation on Saturday, July 1, 2023, changing its name to BGC Group Inc.Its Nasdaq. Customer Privacy Notice | Two days later Zeke Faux published a second, much longer, article titled 'Cantor Growth Plan Sputters as 41% of Touted Hires Exit' citing that 41% of the 158 traders and bankers whose hirings Cantor announced in news releases since 2009 had left, according to industry records. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGC". BGC Partners, Inc. (BGC) is a financial brokerage and technology company. Moreover, corporations can raise growth capital by issuing either common or preferred stock. Howard W. Lutnick, the Chairman of the Board and Chief Executive Officer of BGC, views the latest move as a significant development for the company. BGC Partners, the global brokerage and financial technology company, has announced the completion of its corporate conversion to a full C-Corporation. Disclaimers and Legal Information For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward looking statements, see, Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K, and in the SEC filings and prior reports filed with respect to, Partners, Inc. with the SEC under its prior ticker symbol. BGC Partners Inc (NASDAQ:BGCP) Real-Time Quotes 4.74 BATS BZX Real-Time Price As of 10:31am ET +0.07 / +1.50% Today's Change 3.04 Today ||| 52-Week Range 5.51 +25.73% Year-to-Date Quote. Originally formed as part of the larger Cantor Fitzgerald organization, BGC Partners became its own entity in 2004. By signing up you agree to receive content from us. Unlike other corporate structures, a C-Corp is an independent legal entity distinct from its owners, the shareholders. 3 May, 2023 article FactSet and Fenics Market Data Collaborate to Expand OTC Price Data Please click here to view press release. Dividend Reinvestment& Stock Purchase Plan, Environmental Social & Corporate Governance, Notices for California Consumers Subject to the California Consumer Privacy Act. [5], The September 11, 2001 attacks claimed 658 employees of Cantor Fitzgerald and eSpeed, whose headquarters were in the World Trade Center. from 8 AM - 9 PM ET. dvelopper et amliorer nos produits et services. We, Yahoo, are part of the Yahoo family of brands. Howard W. Lutnick, Chairman of the Board and Chief Executive Officer of BGC, said: "Today represents an important step for BGC, with its conversion to a simpler, more efficient corporate structure. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, BGC Partners Completes Corporate Conversion to Full C-Corporation, Name Change to BGC Group, Inc., and Ticker Symbol Change to "BGC". BGCP - BGC Partners Inc Shareholders - CNNMoney.com Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. [20] Rao wrote in a report "Cantors institutional business and BGCs financial brokerage business will remain challenged in the medium term because of lower trading volume. Alliance for Lupus Research, AmeriCares, Boomer Esiason Foundation, Building Homes for Heroes, Felix Organization, Garden of Dreams, Happy Hearts, Harlem RBI, Intrepid Sea, Air and Space, Make-a-Wish Foundation, Services for the Underserved, Solving Kids Cancer, St. Christopher's, Tony Alt Foundation, USTA Serves, Wheelchair Sports Federation, Worldwide Orphans Foundation, Wounded Warrior Project, Youth Consultation Services, Alliance for Lupus Research, Boomer Esiason Foundation, Building Homes for Heroes, The Felix Organization, Garden of Dreams, Solving Kids' Cancer, St. Christopher's, Inc., The Tony Alt Memorial Foundation, Wounded Warrior Project, Youth Consultation Service, The 52nd Street Project, The Allan Houston Legacy Foundation, The 52nd Street Project, The Allan Houston Legacy Foundation, Alliance for Lupus Research, Baby Buggy, Boomer Esiason Foundation, Boys Hope Girls Hope of New York, Building Homes for Heroes, Carmelo Anthony Foundation, Catalog for Giving of NYC, Emergency Children's Help Organization, G-Unity Foundation, Garden of Dreams Foundation, Game Knights, Harlem RBI, Jason Kidd Foundation, Only Make Believe, Point of Hope, Self Help Africa, Solving Kids' Cancer, St. Mary's Healthcare System for Children, Todd Ouida Children's Foundation, Tony Alt Memorial Foundation, Wounded Warrior Project, Generation Rescue, The Noreen Fraser Foundation, Harlem RBI, Sparks, Liya Kebede Foundation, Christina Noble Children's Foundation, The Orphanage Trust, Bali Kids, The Sumba Foundation, Marie Curie Cancer Care, WellChild, The Carmelo Anthony Foundation, The Catalog for Giving of New York City, St. Joseph Home, Dallagio Foundation, Cantor Fitzgerald Relief Fund, ChildFund Korea, Duang Prateep Foundation, Futaba Infant Home, CHICKS, Place2Be, Starlight, Anthony Nolan, Haven House Children's Hospice, Nordoff Robins, Point of Hope, The White Knight Foundation. $10 million in the form of $1,000 debit cards were handed out to families whose homes were damaged in the storm. Sign up to get PRNs top stories and curated news delivered to your inbox weekly! [citation needed], In 1991, Howard Lutnick was named president of Cantor Fitzgerald, after having worked at the firm for the previous eight years. Vice Chairman Shaun D. Lynn provides leadership to position BGC at the forefront of the global inter-dealer brokerage sector. In September, BGC, together with its affiliate Cantor Fitzgerald, raises approximately $12 million globally on its 10th Annual Charity Day. With improving trading conditions across our business and the upcoming launch of FMX, our electronic U.S. Treasury, Rates Futures, and Spot FX platform, this is an exciting time to be a part of BGC.". Factset: FactSet Research Systems Inc.2019. BGC Partners Updates its Outlook for the Second Quarter of 2023 and Additionally, BGC provides brokerage, clearing, and other back-office services to financial and non-financial institutions. BGC Partners Completes Corporate Conversion to Full C-Corporation, Name Change to BGC Group, Inc., and Ticker Symbol Change to "BGC", BGC Partners Updates its Outlook for the Second Quarter of 2023 and Provides an Update on the Corporate Conversion, BGC Partners to Present at Piper Sandler Global Exchange & FinTech Conference on June 7, 2023, BGC Partners to Present at Piper Sandler Global Exchange & FinTech Conference. Share price information may be rounded up/down and therefore not entirely accurate. In November, Ernst and Young names BGCs Chairman & CEO, Howard W. Lutnick winner of its U.S. BGC Group, Inc. ("BGC") will trade on Nasdaq at the market opening on July 3, 2023, under the new ticker symbol "BGC", following the corporate conversion of its predecessor BGC Partners, Inc . In June, BGC is the first interdealer broker to open an office in Istanbul, Turkey. Custom scripts and ideas shared by our users. Smith Mack, a commercial real estate firm, acquired in January 2013. Also in May 2012 a story was published by the New York Daily News under the headline 'Cantor Fitzgerald VP was boss from hell, secretary says in suit'[16] which reported on a lawsuit brought against the company by former employee Crystal Mitchell. Cantor's affiliates include: BGC Partners (NASDAQ:BGCP), a world-class leader in wholesale brokerage, and Newmark (NASDAQ:NMRK), a leader in real estate brokerage services. Copyright 2023. When typing in this field, a list of search results will appear and be automatically updated as you type. BGC Radix Energy, global energy traders, acquired in 2008. BGC Groups business model and its vision is driven by two key attributes: BGCs exeptional team of professionals are key drivers to our business strategy. The benefit of BGCs integrated platform is that it gives customers flexibility and choice in price discovery, execution and processing of their transactions, through voice, hybrid, or fully electronic brokerage options. Morningstar: 2019 Morningstar, Inc. All Rights Reserved. Three months later, Finance Magnates reported on BGC's results for the first quarter of 2023. Despite the advantages, one significant downside of the C-Corp is double taxation. History - BGC Partners Notices for California Consumers Subject to the California Consumer Privacy Act In February, BGC announces the successful completion of its tender offer for the shares of GFI Group that it does not own. Baby Buggy, Bone Marrow Foundation, Boomer Esiason Foundation, Building Homes for Heroes, Childhelp, Eli Manning Foundation, The Felix Organization, Foundation for Sight and Sound, Friends of the Fighting 69th, Garden of Dreams, Harlem RBI, Jubilee Center, Level the Field, Mercy Center, Solving Kids Cancer, Team KJ, Tuesday's Children, Wounded Warrior Project, 52nd Street Project. The Charity Day event has also spread beyond New York to all of BGC Partners' international offices. The total raised over the past 7 years is approximately $77 million dollars. BGCP Institutional Ownership and Shareholders - BGC Partners Inc that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. You can change your choices at any time by clicking on the 'Privacy & cookie settings' or 'Privacy dashboard' links on our sites and apps. BGC Partners - Wikipedia Through organic growth and acquisitions, BGC has grown rapidly since its separation from Cantor Fitzgerald in 2004. Since its inception Charity Day has raised approximately $192 million globally. Discussion of Forward-Looking Statements about BGCStatements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. As part of this transition, the company will now be known as BGC Group, Inc. and has updated its Nasdaq ticker symbol from BGCP to BGC. 12 Jan, 2016, 04:01 ET. Finance. We invite celebrity guests who represent participating charities into our offices to conduct trades with licensed brokers and their clients. Notices | Wounded Warrior Project, Beyond Social Services, Seeing is Believing, SAVH, Sweet Louise, 52nd Street Project, The New York Police & Fire Widow's and Children's Benefit Fund, The Henrik, Lundqvist Foundation, Boys Town, Breast Cancer Care, Elephant Family. [11], In 2008, BGC Partners merged with eSpeed and becomes BGC Partners Inc.[12][13], In November 2009, BGC Partners won Asia Risk Magazine's first ever award for Technology Development.[14]. History [ edit] 1945-1990 [ edit] In 1945, B ernard G erald C antor founded a brokerage service for inter-dealer fixed-income markets. BGC Partners Completes Corporate Conversion to Full C-Corporation, Name Notices | Business Continuity | Shareholders; Competitors; SECTOR. Any information that you receive via FT.com is at best delayed intraday data and not "real time". The numbers decreased by 0.3% quarter-over-quarter (compared to 2021) to $71.9 million and 0.5% year-over-year (YoY) to $299.7 million. s, Shipping and Futures and Options. Click on the "Cookie Settings" link for more details and/or adjust cookie settings. In August, Cantor Fitzgerald separates out its voice brokerage business to create BGC Partners L.P. By clicking on "Accept All Cookies", you agree to the storing of cookies on your device to analyze general website usage, enhance the navigation, and/or assist in website marketing and other efforts. We believe our new structure will attract a broader and more diversified investor base over time. HOWARD W. LUTNICK, CHAIRMAN AND CHIEF EXECUTIVE OFFICER BGC GROUP, INC. 2021 ANNUAL REPORT. Bgc Partners Inc Stock Ownership - Who owns Bgc Partners? - WallStreetZen Two articles appeared in January 2013 written by Bloomberg journalist Zeke Faux. In September, BGC Partners hosts its 7th Annual Charity Day in commemoration of the 10th Anniversary of the 9/11 attacks. Head of Investor Relations 499 Park Ave, New York, NY 10022 Telephone: +1 (212) 610-2426 BGCIR@bgcpartners.com Transfer Agent American Stock Transfer 6201 15th Avenue, Brooklyn, NY 11219 Telephone: 1-800-278-4353 ASTfinancial.com For more information on the positions we are currently recruiting for please visit our Careers page. BGC Partners, Inc. (BGC) is a financial brokerage and technology company. The resulting company was B.G. Headquartered in London and New York, BGC Group (NASDAQ: BGC) provides a wide range of services including trade execution, broker-dealer services, clearing, processing, information and other back office services. BGC Partners, Inc Class A Common Stock (BGCP) Nasdaq Listed 1 Dividend Date Add to Portfolio BGCP BGCP INSTITUTIONAL HOLDINGS BGCP Institutional Holdings Ownership Summary Active Positions. A Hurricane Sandy Family Relief Program was established and funded largely by BGC Partners and Cantor Fitgerald's Charity Day efforts. Shareholders Company contact information BGC Partners, Inc. 499 Park Avenue 10022, New York +1 212 610 2200 http://www.bgcpartners.com Group companies See all (+55) On May 20, 2013, a tornado struck Moore, Oklahoma, killing 24 people and injuring hundreds more. Check the background of our Firm on FINRAs BrokerCheck. BGC provides a range of services, including trade execution, connectivity solutions, clearing, trade compression and other post-trade services, information, and other back-office services. BGC Partners Inc - Class A (NASDAQ:BGCP) institutional ownership structure shows current positions in the company by institutions and funds, as well as latest changes in position size. NEW YORK, July 3, 2023 /PRNewswire/ -- BGC Group, Inc. BGC ("BGC Group," "BGC" or the "Company"), a leading global brokerage and financial technology company (formerly BGC Partners, Inc.), today . BGCP - BGC Partners Inc Company Profile - CNNMoney.com Please confirm your email address by clicking the link inside. In March, BGC completes the acquisition of assets of Grubb & Ellis Company, one of the nations leading commercial real estate firms. All Rights Reserved | It provides access to a range of financial products such as interest rate swaps, fixed income securities, equity derivatives, foreign exchange, structured products, credit derivatives, and insurance brokerage. BGC Partners Inc Company Profile - GlobalData Our global Executive Management Team comprises industry leaders with experience across all aspects of the inter-dealer broking business. Fenics brands also operate under the names Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, CBID, Lucera and LumeAlfa. Please visit our press coverage sections to read a selection of BGC press coverage pieces. In August, BGC Partners acquires MINT Partners and MINT Equities. Our Charity Day application process is now open! Fenics brands also operate under the names Fenics, FMX, BGC Trader, CreditMatch, Fenics Market Data, Fenics GO, BGC Market Data, CBID, Lucera and LumeAlfa. BGC Partners Updates its Outlook for the Third Quarter of 2020 Check the background of our Firm on FINRAs BrokerCheck. [5] In response to the attacks, BGC Partners and Cantor Fitzgerald pledged to donate 25% of their profits to families of deceased employees.[6]. Discovery Company. We used these proceeds to reduce our fully diluted share count by over 10 percent. In October 2012 the New York Post ran an article entitled 'Cantor, Moody's Dogfight' reporting on a 'feud' between the company and Moody's Investors Service. Notice of Meeting and Proxy . , . Held in commemoration of the 658 Cantor employees and 61 Eurobrokers employees lost in the 9/11 World Trade Center attacks, Charity Day is our way of turning a tragic day into one that is positive and uplifting by helping others. [71], Cantor Fitzgerald Slacks On 9/11 Pledge, But Promises $10 Million To Sandy Relief [72]. BGC Partners Completes Corporate Conversion to Full C-Corporation, Name News | BGC PARTNERS Stock Price Today - Markets Insider 2022 Cable News Network. Data delayed at least 15 minutes, as of Jul 03 2023 18:00 BST. Cantor and Company, which later became Cantor Fitzgerald. Disclaimers and Legal Information | En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. The company aims to foster growth and deliver substantial long-term value to its shareholders. As a leading global brokerage company, BGC is often highlighted in the financial press. We have made a series of strategic acquisitions and investments in our proprietary technology platform, and our employee base and global footprint have dramatically increased. 2023 BGC Group, Inc. | All Rights Reserved | de C.V.) Vasco de Quiroga 2121 Santa Fe CDMX, New York City - 499 Park Avenue, New York, NY 10022, New York City - 1 Seaport Plaza / 199 Water Street, 19th Floor, New York, NY 10038, Toronto (Freedom International Brokerage) - 181 University Avenue, Suite 1500, Toronto ON M5H 3M7, Rio de Janeiro (BGC Liquidez DTVM Ltda.) This transaction represents the largest acquisition in BGCs history. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. BGC is a leading global brokerage and financial technology company. Management Comments Howard W. Lutnick, Chairman of the Board and Chief Executive Officer of BGC, said: "Today represents an important step for BGC, with its conversion to a simpler, more. Vous pouvez modifier vos choix tout moment en cliquant sur les liens Paramtres de confidentialit et des cookies ou Tableau de bord sur la confidentialit prsents sur nos sites et dans nos applications. BGC has invested more than $1.7 billion in technology since 1998 initially with our legacy products through eSpeed. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2019 and/or its affiliates.