Chairman and CEO Howard W. Lutnick joined Bob Pisani on CNBC to discuss what’s to…
Built upon the foundation of cutting edge technology and exceptional talent, BGC Partners is a pioneering global brokerage and financial technology company servicing the financial markets. We are agile and dynamic in our approach, delivering world-class products to our diverse customer base on a daily basis.
Headquartered in London and New York, BGC Partners (NASDAQ: BGCP) provides a wide range of services including trade execution, broker-dealer services, clearing, processing, information and other back office services.
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.
Our customers include a vast majority of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms.
BGC Partners’ business model and its vision is driven by two key attributes:
The talented brokers and employees within our business serve our clients from more than 20 major markets around the world
BGC’s exeptional team of professionals are key drivers to our business strategy. Recruiting and retaining top tier talent is vital to our success and elevating our brand reputation. For more information on the positions we are currently recruiting for please visit our Careers page.
Strategic Investing in technology drives our competitive advantage
BGC has invested more than $1.7 billion in technology since 1998 initially with our legacy products through eSpeed. These investments support the growing and complex needs of our clients, strengthen the effectiveness of our Financial Services and Real Estate businesses, and sets us apart from our competition.
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Fenics Market Data is pleased to announce it has been named Best Market Data Provider…
Our Charity Day application process is now open! Charity Day 2022 will take place on…
Quite simply, we’re adept at navigating a marketplace that moves so fast. We’re proud of our legacy, which is at the heart of BGC’s desire to innovate and drive the industry forward using the finest talent in the marketplace.
BGC provides telephone and screen-based pre-trade, trade and post-trade services. We conduct trillions of dollars annually in financial transactions for our customers, including the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments and investment firms. To find out more about our Financial Services business please visit here.
Newmark Knight Frank is one of the largest full-service commercial real estate firms in the United States. We offer a broad range of real estate capital markets services, including investment sales and access to debt and equity financing.
NKF serves clients from more than 100 offices in North America and globally through our partnership with London-based Knight Frank. For more information on our Real Estate Services business please visit here.
Held in commemoration of the 658 Cantor employees and 61 Eurobrokers employees lost in the 9/11 World Trade Center attacks, Charity Day is our way of turning a tragic day into one that is positive and uplifting by helping others.
We invite celebrity guests who represent participating charities into our offices to conduct trades with licensed brokers and their clients. Since its inception Charity Day has raised approximately $192 million globally. For more information please CLICK HERE.
Our proven business model is based on making accretive acquisitions, profitably, selectively adding to front-office headcount, and investing in our hybrid and fully-electronic trading platform. While this strategy is instrumental in our ability to increase revenues and market share, we are also focused on reducing expenses, particularly in our Financial Services business.
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Through organic growth and acquisitions, BGC has grown rapidly since its separation from Cantor Fitzgerald in 2004. We have made a series of strategic acquisitions and investments in our proprietary technology platform, and our employee base and global footprint have dramatically increased. For more information on our defining history please click here.
In September, BGC announces the successful completion of its acquisition of Berkeley Point Financial LLC, a top five GSE multifamily lender.
In January, BGC announced the successful completion of the GFI back-end merger, thus consolidating 100% of GFI. Over the course of the year, BGC completed three other financial services acquisitions and five real estate services acquisitions. These acquisitions expanded upon BGC’s vast product offering and geographic footprint.
In February, BGC announces the successful completion of its tender offer for the shares of GFI Group that it does not own. GFI Group is a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. This transaction represents the largest acquisition in BGC’s history.
In September, BGC, together with its affiliate Cantor Fitzgerald, raises approximately $12 million globally on its 10th Annual Charity Day.
In December, BGC announces an agreement to acquire Apartment Realty Advisors and its members (collectively “ARA”), the largest privately held, full-service investment brokerage network focusing exclusively on the multi-housing industry in the U.S.
Also, the Cantor Fitzgerald Relief Fund, in conjunction with BGC Partners and Cantor Fitzgerald, announced its Hurricane Sandy Family Support Program to provide $10 million to thousands of families affected by Hurricane Sandy.
In April, BGC announces it has entered into an agreement to sell eSpeed, its benchmark, on-the-run, U.S. Treasury fully electronic trading platform to NASDAQ OMX Group, Inc. for $1.234 billion.
In March, BGC completes the acquisition of assets of Grubb & Ellis Company, one of the nation’s leading commercial real estate firms. This further strengthens BGC Partners’ premier position in commercial real estate.
BGC also announces it has entered into an agreement to acquire the U.S business of Newmark Knight Frank, the real estate advisory firm. This represents BGC Partners’ first move into the commercial real estate industry.
In September, BGC Partners hosts its 7th Annual Charity Day in commemoration of the 10th Anniversary of the 9/11 attacks. Along with its affiliate, Cantor Fitzgerald, $12 million is raised globally and donated to charity. The total raised over the past 7 years is approximately $77 million dollars.
In August, BGC Partners acquires MINT Partners and MINT Equities. Over 100 MINT brokers from its international business join the Company.
In November, Ernst and Young names BGC’s Chairman & CEO, Howard W. Lutnick winner of its U.S. Entrepreneur of the Year award.
In September, BGC Partners raises over $10 million for charity on its Fifth Annual Global Charity Day, bringing the total over 4 years to more than $33 million.
In April, BGC merged with eSpeed to form BGC Partners, Inc. (NASDAQ: BGCP)
In September 2005, BGC Partners holds its First Annual Charity Day in London and New York.
In August, Cantor Fitzgerald separates out its voice brokerage business to create BGC Partners L.P.