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Bgc Partners
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Institutional FX
BGC Group's Q3 Revenue Surges amid Year-to-Date Concerns
The company's financial results reveal an increase of 16% in Q3 revenue.
In the third quarter, net profit experienced a boost, but it significantly shrank year-to-date.
Monday, 30/10/2023 | 10:55 GMT
by
Damian Chmiel
Institutional FX
BGC Reports Losses in Q2 despite Revenue Growth
The brokerage firm reported an increase of 13% in revenue.
The company's expenses increased 28% in the quarter.
Wednesday, 02/08/2023 | 15:21 GMT
by
Jared Kirui
Institutional FX
BGC Partners Rebrands as BGC Group and Transforms to C-Corp
BGC Partners has announced its transformation into a C-Corporation.
The company changed its Nasdaq ticker symbol to 'BGC' and updated its websites.
Monday, 03/07/2023 | 11:24 GMT
by
Damian Chmiel
Institutional FX
BGC Partners Sees Marginal Increase in FX Revenue in Q1
Forex trading generated the smallest revenue growth during the period.
Overall quarterly revenue in Q1 is second highest in BGC's history.
Thursday, 04/05/2023 | 15:21 GMT
by
Solomon Oladipupo
Institutional FX
BGC Partners Posts Marginal Decrease in FX Revenue in 2022
Equities, energy and commodities as well as equities also posted YoY decreases.
BGC is expecting strong growth in 2023.
Monday, 27/02/2023 | 21:35 GMT
by
Solomon Oladipupo
Institutional FX
kACE's New OMS to Support Foreign Exchange Options Markets
kACE OMS offers an order management system for FX options.
It provides connectivity to major options trading venues and 16 liquidity providers.
Wednesday, 22/02/2023 | 10:59 GMT
by
Damian Chmiel
Institutional FX
FINRA Fines BGC Financial $175K for TRACE Reporting Errors
BGC reported the execution times in seconds instead of milliseconds.
The company agreed to settle with the self-regulatory agency.
Monday, 23/01/2023 | 08:53 GMT
by
Arnab Shome
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Institutional FX
BGC Partners Rebrands as BGC Group, Converts Corporate Structure
The company wants to simplify its organizational structure.
In addition to rebranding, it wants to become a 'Full C-Corporation'.
Thursday, 17/11/2022 | 06:05 GMT
by
Damian Chmiel
Executives
Sales Veteran Ian Daniels Leaves Nomura for BGC Partners
He joined as the Global Head of Fenics NDF.
He is a sales expert in the eFX space.
Wednesday, 28/09/2022 | 08:57 GMT
by
Arnab Shome
Executives
Jason W. Hauf Becomes New Chief Financial Officer at BGC Partners
Hauf will replace Steven Bisgay in the role.
The executive has over 30 years of experience in the financial management field.
Monday, 06/06/2022 | 17:26 GMT
by
Felipe Erazo
Executive Moves
BOSONIC Onboards James Roddy as Its New Sales Director of Institutional Sales
Roddy is an executive with more than 20 years of fintech experience.
Earlier, Roddy served VIBHS Financial UK as its BDM.
Wednesday, 02/03/2022 | 07:56 GMT
by
Tom Hazan
Institutional FX
kACE Collaborates with Algorithmica for FX Volatility Aggregator
The company has officially launched its kACE Volatility Aggregator (kACE VA) application.
Monday, 23/08/2021 | 12:49 GMT
by
Bilal Jafar
Institutional FX
BGC Partners’ Subsidiary Launches Joint Venture in China
GFI Asia Partners established a joint venture with Guizhou big data capital to offer OTC derivatives brokerage service.
Monday, 07/12/2020 | 09:11 GMT
by
Bilal Jafar
Institutional FX
BGC Partners' Arm Taps CLS for Enhancing FX Compression Services
The platform is planning to offer new FX solutions as well.
Friday, 04/12/2020 | 08:25 GMT
by
Arnab Shome
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Executive Moves
BGC Partners Appoints its President Shaun Lynn as Vice Chairman
Lynn will transition into his new role on the 1st of October 2020.
Monday, 17/08/2020 | 04:45 GMT
by
Celeste Skinner
Execution
BGC Partners Closes $300 Million Senior Notes Offering
The notes will pay interest semi-annually at a rate of 4.375 per cent per annum.
Tuesday, 14/07/2020 | 01:12 GMT
by
Celeste Skinner
Execution
BGC Partners Downgrades Revenue Outlook for Second Quarter
BGC Partners shares had a stellar run earlier this month, gaining 25 percent to print a 3-month high at $3.22.
Tuesday, 30/06/2020 | 22:19 GMT
by
Aziz Abdel-Qader
Executive Moves
Senior Management Changes at BGC Partners
Paul Reidy joins; Eric Hirschhorn exits
Friday, 03/04/2020 | 10:36 GMT
by
Finance Magnates Staff
Brokers
BGC Partners Expects to Beat Q1 2020 Forecasts Amid COVID-19
Increased volatility has provided a boost to the company’s operations.
Friday, 27/03/2020 | 08:30 GMT
by
Celeste Skinner
Executive Moves
BGC Partners Appoints Steven Bisgay as CFO
The appointment will be effective from the 1st of January 2020.
Friday, 20/12/2019 | 13:25 GMT
by
Celeste Skinner
Regulation
BGC Financial Hit with $3 Million Fine for Supervision Lapses
The settlement comes barely a month after two units of BGC paid $25 million to settle charges related to FX options.
Friday, 22/11/2019 | 19:50 GMT
by
Aziz Abdel-Qader
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Executive Moves
BGC Partners Hires Anja Hinds as Hybrid IDB eSales Director
In this capacity, she will also help manage the coordination of sales strategy including BGC's hybrid brokerage model.
Wednesday, 20/03/2019 | 15:49 GMT
by
Aziz Abdel-Qader
Executive Moves
Fenics Promotes Liam Hudson to Manager Director, Head of E-FX
Liam continues be based out of the company’s London office to lead the broker’s e-commerce division.
Friday, 30/11/2018 | 15:31 GMT
by
Aziz Abdel-Qader
Brokers
BGC Partners Sees Record Revenues, CFO to Step Down
The broker also announced it has made two appointments to its finance team.
Thursday, 25/10/2018 | 14:00 GMT
by
Celeste Skinner
Executive Moves
BGC Partners Appoints Liam Hudson as Head of Electronic FX
Hudson will be running the broker's electronic products globally.
Tuesday, 21/08/2018 | 18:43 GMT
by
Celeste Skinner
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