We offer our customers access to more than 200 financial products including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. We also provide a comprehensive range of services to the financial community, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services.
We have invested more than $1.7 billion in technology over the past two decades. Our investments in technology coupled with in-depth broking experience give us a competitive advantage among our peers, especially with markets moving increasingly towards electronic trading. Through our BGC Trader and BGC Market Data brands, we offer financial technology solutions, market data, and analytics related to numerous financial instruments and markets.
We entered the commercial real estate market in 2011 when we acquired brokerage firm Newmark Knight Frank. The following year we acquired the assets of Grubb & Ellis, and formed the industry powerhouse Newmark Grubb Knight Frank (NGKF). A key and growing component of our business, NGKF offers a full range of services including: leasing advisory, global corporate services, investment sales and capital markets, property and facilities management, program and project management, and valuation and advisory services. An integrated platform provides clients with a single-source solution for every phase of occupying or owning a property: from strategic planning, site selection, design, construction and initial occupancy to ongoing cost-effective operations and dispositions.
In 2015 GFI, a leading intermediary in global OTC and listed markets, became a majority-owned division of BGC Partners Inc. GFI became a wholly-owned subsidiary of BGC in January of 2016. GFI offers an array of sophisticated trading technologies and products to a wide universe of financial market participants. More than 2,500 institutional clients benefit from GFI’s expertise in operating electronic and hybrid markets for cash and derivative products across multiple asset classes, including fixed income, interest rates, foreign exchange, equities, energy and commodities.
All of BGC’s fully electronic businesses are referred to as FENICS or e-businesses. These offerings include Financial Services segment fully electronic brokerage products as well as offerings in market data and software solutions across both BGC and GFI.
BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA).
Headquartered in London and New York, we have offices in dozens of major markets across the globe. From these locations we serve many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms.