BGC Group
BGC Reports Record Quarter With 31% Jump in Revenue and Strong Earnings
- The company’s board reapproved a $400 million share repurchase program.
- Regional growth was broad-based, with EMEA revenue up 37%, the Americas up 28%, and APAC rising 17% year over year.
Thursday, 06/11/2025 | 15:16 GMT by
Jared Kirui
BGC Group Acquires Macro Hive to Boost AI in Rates and FX Trading
- This move is part of BGC’s push to integrate AI technology and expand its agency business operations.
- BGC recently launched an electronic trading platform for U.S. dollar swaps for institutional investors.
Monday, 06/10/2025 | 15:49 GMT by
Jared Kirui
BGC Takes U.S. Dollar Swaps Fully Electronic with New Trading Platform
- The launch is part of the group’s broader digital push, in line with the industry shift toward electronic swaps and rates trading.
- BGC appointed Briana Grazioso, the Director of eSales, to lead the new platform.
Thursday, 18/09/2025 | 13:42 GMT by
Jared Kirui
BGC Group Buys Back $151M in Shares from US Commerce Secretary Howard Lutnick After Cabinet Appointment
- The transaction marks Lutnick’s full divestment from BGC Group, which is required under federal ethics rules now that he is U.S. Secretary of Commerce.
- In a parallel move, Lutnick is reportedly transferring all his Cantor Fitzgerald ownership to family trusts for the benefit of his children.
Monday, 19/05/2025 | 14:46 GMT by
Jared Kirui
BGC Group Revenue Jumps Nearly 15% on Record FX and Treasury Trading
- The company posted strong trading activity, particularly in interest rates, environmental contracts, and foreign exchange markets.
- FX trading volumes on FMX more than doubled to $14.5 billion in average daily volume.
Wednesday, 07/05/2025 | 13:28 GMT by
Jared Kirui
Three CEOs to Succeed Lutnick at BGC as He Takes U.S. Commerce Post
- Howard Lutnick steps down as BGC Group CEO after Senate confirmation as U.S. Commerce Secretary.
- BGC undergoes significant leadership restructuring with new CEOs, and Stephen Merkel has been named Board Chairman.
Wednesday, 19/02/2025 | 06:57 GMT by
Damian Chmiel
Capitolis Buys BGC Group’s Rates Compression Business for $46 Million
- The company has been expanding its operations through collaborations with global financial institutions, including Citi, Morgan Stanley, and UBS.
- Capitalab’s Founder and CEO, Gavin Jackson, will reportedly join Capitolis’ executive team.
Tuesday, 03/12/2024 | 13:51 GMT by
Jared Kirui
BGC Group Reports 16% Revenue Growth, Discloses Recent Acquisition Deals
- The company reported a significant increase in pre-tax adjusted earnings, which rose by over 24%.
- BGC is shifting its focus towards energy and commodity markets, following recent acquisitions.
Thursday, 31/10/2024 | 15:06 GMT by
Jared Kirui
BGC Partners with Major Banks to Expand Interest Rate Futures Market Share
- This venture involves major investment banks, including Bank of America, Barclays, and Goldman Sachs.
- FMX's launch is part of BGC's broader strategy to offer a range of financial services, including U.S. interest rate futures.
Friday, 13/09/2024 | 18:18 GMT by
Jared Kirui
BGC Group Secures Backing from Global Banks for New $600M Trading Platform
- Bank of America, Barclays, Citadel Securities, and Citi are among the minority stakeholders in FMX.
- The new platform merges US cash Treasuries, spot foreign exchange platforms, and US interest rate futures exchange.
Thursday, 25/04/2024 | 13:03 GMT by
Jared Kirui
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