BGC Partners, Inc. operates as a brokerage and financial technology company in the United States, Canada, Europe, the United Kingdom, Latin America, Asia, Africa, the Middle East, and internationally. It offers various brokerage products, such as fixed income, such as government bonds, corporate bonds, and other debt instruments, as well as related interest rate derivatives and credit derivatives; and fixed income, equity derivatives and cash equities, energy and commodities, shipping, insurance, and futures and options. The company also provides other services that include trade execution, brokerage, clearing, trade compression, post-trade, information, and other back office services to financial and non-financial institutions. In addition, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to financial instrument and markets under the Fenics, BGC Trader, CreditMatch, Fenics Market Data, BGC Market Data, kACE2, EMBonds, Capitalab, Swaptioniser, CBID, and Lucera brand names. Further, the company provides screen-based market solutions, which enable its clients to develop a marketplace, trade with their customers, issue debt, trade odd lots, access program trading interfaces, and access its network and intellectual property; option pricing and analysis tools; and software and technology infrastructure for the transactional and technology related elements. It primarily serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments, and corporations, as well as investment firms. BGC Partners, Inc. was founded in 1972 and is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: bgcpartners.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/15/2022 | $7.00 | Outperform | Credit Suisse |
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
4 - BGC Group, Inc. (0001094831) (Issuer)
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, July 10, 2023 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its second quarter 2023 financial results conference call. This call will take place on Wednesday, August 2, 2023, at 10:00 a.m. ET. BGC Group, Inc., formerly BGC Partners, Inc. prior to the closing of the corporate conversion on July 1, 2023, will report the second quarter 2023 financial results of BGC Partners, Inc. on Wednesday, August 2, 2023. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial r
NEW YORK, June 29, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending June 30, 2023, and provided an update on the timing of its corporate conversion. Updated OutlookBGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the second quarter of 2023. The Company's outlook was contained in BGC's financial results press release issued on May 3, 2023, which can be found at http://ir.bgcpartners.com. Corporate Conversion Update:BGC Partners, Inc. is expected to complete its corp
BGC Declares Quarterly DividendConference Call to Discuss Results Scheduled for 10:00 AM ET TodayNEW YORK, May 3, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended March 31, 2023. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com. It is also available at http://ir.bgcpartners.com/, along with BGC's quarterl
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, April 11, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its first quarter 2023 financial results conference call. This call will take place on Wednesday, May 3, 2023, at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Wednesday, May 3, 2023, which will be accessible at http://ir.bgcpartners.com. BGC will host a conference call on Wednesday, May 3, 2023, at 10:00 a.m. ET for investors. WHO: BGC Partners, I
NEW YORK, March 31, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending March 31, 2023. Updated OutlookBGC continued to see broad-based revenue growth across all its asset classes as compared to the first quarter of 2022. BGC's revenue was slightly impacted by the recent turmoil across regional banks and certain global investment banks, which resulted in lower volumes over the last few weeks of the quarter. Accordingly, BGC's revenue and pre-tax Adjusted Earnings for the first quarter of 2023 are now expected to be s
BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK, Feb. 27, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter and year ended December 31, 2022. A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com. It is also available at http://ir.bgcpartners.com/, along wit
NEW YORK, Jan. 19, 2023 /PRNewswire/ -- Cantor Fitzgerald, L.P. ("Cantor Fitzgerald"1) announced the sale of Rivertop Apartments in Nashville, Tennessee. The sale was facilitated on behalf of investors in Rivertop Apartments, resulting in a total return of 137% of their aggregate original investment and an internal rate of return of 12% over the approximately three-year hold period.2 Completed in 2019, Rivertop Apartments is a 224-unit, Class-A apartment community featuring elegant interior finishes and an expansive amenity set, including a resort-style pool, 24-hour fitness
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, Jan. 12, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced that it has updated its fourth quarter 2022 financial results conference call to take place on Monday, February 27, 2023, at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Monday, February 27, 2023, which will be accessible at http://ir.bgcpartners.com. PLEASE SEE BELOW FOR THE UPDATED CALL DETAILS: BGC will host a conference call on Monday, February 27, 2023, at 10:00 a.
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, Jan. 12, 2023 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced the details regarding its fourth quarter 2022 financial results conference call. This call will take place on Friday, February 10, 2023, at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results by 8:00 a.m. ET on Friday, February 10, 2023, which will be accessible at http://ir.bgcpartners.com. BGC will host a conference call on Friday, February 10, 2023, at 10:00 a.m. ET for investors. WHO: BGC Pa
NEW YORK, Dec. 30, 2022 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending December 31, 2022. Updated Outlook BGC's revenue and pre-tax Adjusted Earnings for the fourth quarter of 2022 are now expected to be above the midpoint of the range of its previously stated outlook. BGC's revenue would have been approximately $14 million higher, if not for the stronger U.S. dollar during the period, and in-line with last year's fourth quarter revenue, excluding Insurance. This guidance reflects continuing FX headwinds for the euro
Credit Suisse initiated coverage of BGC Partners with a rating of Outperform and set a new price target of $7.00