BGC Group, Inc. (“BGC”) is a leading and long-standing wholesale brokerage and financial technology company serving an array of financial and capital market participants.
In 2004, BGC was split from Cantor Fitzgerald, L.P. (“Cantor”); Cantor retains a 20% economic stake but controls 65% of voting rights as of 1Q25.
Business lines consist of wholesale traditional voice and fully electronic financial brokerage and an array of technological data solutions segmented within its Fenics brand. Wholesale brokerage products encompass fixed income, FX, commodities, shipping, derivatives, and equities. Technological services involve aggregation and delivery of various market data, software solutions, and post-trade functions, including trade execution analytics.
In 1Q24 FMX, BGC’s electronic U.S. Treasury, interest rate futures, and spot FX platform, received approval from the CFTC to operate an exchange for U.S. interest rate futures products.…
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