BGC Group remains confident as 2025 draws to a close,
holding to its previous earnings guidance despite a volatile market
environment. In an update released on Monday, BGC Group, Inc. (NASDAQ:
BGC) reaffirmed its outlook for the quarter ending December 31, 2025.
The firm expects revenue to come in
between $720 million and $770 million, matching the range it initially
projected earlier in the year.
Earnings Forecast Unchanged
The company also maintained its pre-tax adjusted
earnings forecast, guiding for $152.5 million to $167.5 million for the final
quarter of 2025. The reaffirmation suggests confidence in consistent trading
activity and cost discipline across its operations. For comparison, BGC generated $572.3 million in
revenue and $129.5 million in pre-tax adjusted earnings during the same period
in 2024.
BGC Group delivered strong results for third quarter
this year. For the three months ended September 30, 2025, BGC reported
total revenues of $736.8 million, up 31.3 percent from the prior year’s $561
million.
The company’s electronic trading business, Fenics,
brought in $160 million, a 12.7 percent increase from last year. Regional
revenue performance was robust, rising 37.4 percent in EMEA, 28.1 percent in
the Americas, and 17.4 percent in APAC.
“We delivered another outstanding quarter, with record
third quarter revenues of $737 million, up 31 percent from $561 million a year
ago,” the company shared. “Revenues of $628 million, excluding OTC, was also a record, driven by
growth across every asset class and geography. Our ability to deliver strong
growth in a mixed macro environment demonstrates the strength and scale of our
global platform.”
Double-Digit Earnings Growth
BGC achieved pre-tax Adjusted Earnings of $155.1
million, a 22.4 percent jump, while post-tax Adjusted Earnings climbed 11.5
percent to $141.1 million.
This translated to post-tax Adjusted Earnings per
share of $0.29, reinforcing steady progress in profitability. Adjusted EBITDA
came in at $167.6 million, an increase of 10.7 percent year over year.
Meanwhile, BGC launched an electronic platform for U.S. dollar swaps this year, aiming to boost speed and transparency for institutional
investors. Dubbed Opti Match, the venue is offered via BGC Derivatives Markets,
L.P. and is designed to streamline access to key interest rate products.
Institutional clients can use the platform directly as
Swap Execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term Facility participants or access it indirectly through BGC
or GFI brokers. At launch, Opti Match will support several interest rate
instruments, including SOFR‑linked trades and CME/LCH basis switches.
The group also acquired global macro analytics provider Macro Hive in a move that strengthens its rates and FX franchise by integrating AI technologies into its brokerage platform.
BGC Group remains confident as 2025 draws to a close,
holding to its previous earnings guidance despite a volatile market
environment. In an update released on Monday, BGC Group, Inc. (NASDAQ:
BGC) reaffirmed its outlook for the quarter ending December 31, 2025.
The firm expects revenue to come in
between $720 million and $770 million, matching the range it initially
projected earlier in the year.
Earnings Forecast Unchanged
The company also maintained its pre-tax adjusted
earnings forecast, guiding for $152.5 million to $167.5 million for the final
quarter of 2025. The reaffirmation suggests confidence in consistent trading
activity and cost discipline across its operations. For comparison, BGC generated $572.3 million in
revenue and $129.5 million in pre-tax adjusted earnings during the same period
in 2024.
BGC Group delivered strong results for third quarter
this year. For the three months ended September 30, 2025, BGC reported
total revenues of $736.8 million, up 31.3 percent from the prior year’s $561
million.
The company’s electronic trading business, Fenics,
brought in $160 million, a 12.7 percent increase from last year. Regional
revenue performance was robust, rising 37.4 percent in EMEA, 28.1 percent in
the Americas, and 17.4 percent in APAC.
“We delivered another outstanding quarter, with record
third quarter revenues of $737 million, up 31 percent from $561 million a year
ago,” the company shared. “Revenues of $628 million, excluding OTC, was also a record, driven by
growth across every asset class and geography. Our ability to deliver strong
growth in a mixed macro environment demonstrates the strength and scale of our
global platform.”
Double-Digit Earnings Growth
BGC achieved pre-tax Adjusted Earnings of $155.1
million, a 22.4 percent jump, while post-tax Adjusted Earnings climbed 11.5
percent to $141.1 million.
This translated to post-tax Adjusted Earnings per
share of $0.29, reinforcing steady progress in profitability. Adjusted EBITDA
came in at $167.6 million, an increase of 10.7 percent year over year.
Meanwhile, BGC launched an electronic platform for U.S. dollar swaps this year, aiming to boost speed and transparency for institutional
investors. Dubbed Opti Match, the venue is offered via BGC Derivatives Markets,
L.P. and is designed to streamline access to key interest rate products.
Institutional clients can use the platform directly as
Swap Execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term Facility participants or access it indirectly through BGC
or GFI brokers. At launch, Opti Match will support several interest rate
instruments, including SOFR‑linked trades and CME/LCH basis switches.
The group also acquired global macro analytics provider Macro Hive in a move that strengthens its rates and FX franchise by integrating AI technologies into its brokerage platform.
