BGC Group Acquires Macro Hive to Boost AI in Rates and FX Trading

BGC Group has acquired Macro Hive, a provider of global macro market analytics and strategy. This transaction marks a significant step for BGC in enhancing its position in the rates and FX markets by integrating AI technologies into its brokerage platform.

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Targeting Agency Services Through AI Integration

According to the announcement, the acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term merges Macro Hive’s AI-driven analytical capabilities with BGC’s broking and execution infrastructure. Macro Hive’s leadership, including CEO Bilal Hafeez and COO Andrew Simon, will reportedly join BGC to lead the integration and further develop market solutions targeting institutional clients.

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“Adding Macro Hive to our suite of institutional services enhances our platform with tech-forward insights and proven expertise, setting a new standard for agency services,” said Richard Leighton, Senior Managing Director at BGC Group. “I look forward to working closely with Bilal and Andrew to ensure a seamless and impactful integration.”

By aligning with BGC’s global platform, Macro Hive aims to accelerate growth and bring client solutions to a broader investor base. BGC Group serves a range of audiences, including banks, broker-dealers, hedge funds, and corporations across multiple asset classes such as fixed income, foreign exchange, energy, commodities, and equities.

The company also operates FMX Futures Exchange, an initiative developed in collaboration with global investment banks and market-making firms, offering futures, spot FX, and U.S. cash treasury trading platforms.

Expanding Offerings for Institutional Clients

Additionally, BGC recently launched a fully electronic trading platform for U.S. dollar swaps called Opti Match. The new platform aims to enhance speed and transparency for institutional investors as part of BGC’s broader digital strategy, reflecting the industry trend toward electronic swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term and rates trading.

Read more: BGC Takes U.S. Dollar Swaps Fully Electronic with New Trading Platform

Opti Match is reportedly accessible through BGC Derivatives Markets. Investors can use the platform directly if they participate in the Swap Execution Facility or indirectly through BGC or GFI brokers. At launch, the platform supports several interest rate products, including SOFR-based trades and CME/LCH switches.

Meanwhile, BGC Group reported revenue of $664.2 million for the first quarter of 2025, marking a 14.8% increase compared to the same period last year. The growth was reportedly driven by strong trading activity, especially in foreign exchange (FX), interest rates, and environmental contracts.

The company highlighted a significant rise in FX trading volumes on its FMX platform, which more than doubled to an average daily volume of $14.5 billion.