Places in Top 3 Across Twenty-Nine Product Categories
London, 23 September, 2008 – BGC Partners, Inc. (Nasdaq:BGCP), one of the world’s leading inter-dealer brokers, announced that it was named the top broker in Risk magazine’s annual inter-dealer ranking in three Interest Rate product categories: US Dollar Inflation Swaps, and US Dollar and Euro cap/floors, and Exotic Currency Options for Euro/Yen barrier.
BGC also placed 2nd or 3rd in the rankings for twenty five other product categories across Interest Rates, Currencies, CDS and Structured Credit. In ten of these categories BGC appeared in the survey for the first time.
The annual Risk magazine inter-dealer rankings are based on feedback from over 900 dealers and brokers. Respondents are asked to state their top three brokers for each category, in order of preference.
Shaun Lynn, President of BGC, commented: “The Risk rankings are highly respected and we’re pleased to continue to place prominently across a diverse range of products. These results underline our strength and breadth, as BGC continues to grow globally, and expand into new product areas.”
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About BGC
BGC Partners, Inc. (Nasdaq: BGCP) is a leading, fast growing, and global inter-dealer broker, specializing in the brokering of financial instruments and related derivatives products. BGC Partners provides integrated voice, hybrid, and fully electronic execution and other brokerage services to the world’s largest and most creditworthy banks, broker-dealers, investment banks, trading firms, and investment firms for a broad range of global financial products, including fixed income securities, interest rate swaps, foreign exchange, equity derivatives, credit derivatives, futures, commodities, structured products, and other instruments. Through its eSpeed and BGC Trader brands, BGC Partners uses its proprietary, built, and paid for technology to operate multiple buyer, multiple seller real-time electronic marketplaces for the world’s most liquid capital markets. The Company’s pioneering suite of tools provides end-to-end transaction solutions for the purchase and sale of financial products over its global private network or via the Internet. BGC Partners’ neutral platform, reliable network, straight-through processing and superior products make it the trusted source for electronic trading for the world’s largest financial firms. Through its BGCantor Market Data brand, the Company also offers globally distributed and innovative market data and analysis products for numerous financial instruments and markets.
BGC’s unique partnership structure and extensive employee ownership creates a distinctive competitive advantage among its peers. Named after fixed income trading innovator B. Gerald Cantor, BGC Partners has 16 offices in New York and London, as well as in Beijing (representative office), Chicago, Copenhagen, Hong Kong, Istanbul, Johannesburg, Mexico City, Nyon, Paris, Seoul, Singapore, Sydney, Tokyo and Toronto.
To learn more, please visit www.bgcpartners.com
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Media Contacts:
London
Timo Kindred
+44 (0)207-894-7292
tkindred@bgcpartners.com
Adrian Thomas
+44 (0)207-894-8647
athomas@bgcpartners.com
New York
Florencia Panizza
+1 212 294 7938
fpanizza@bgcpartners.com