Is BGC’s Record Revenue And OTC Deal Reshaping The Investment Case For BGC Group (BGC)?
BGC Group reported record fourth-quarter 2025 revenue of US$756.37 million and full-year revenue of US$2.94 billion. The acquisition of OTC made BGC the world’s largest energy broker, supporting an optimistic outlook for 2026 revenues and earnings, driven by electronic trading expansion and cost-saving initiatives. Despite robust top-line growth, profitability remains sensitive to costs and integration risks, with future success relying on consistent translation of guidance into sustained margin improvement.
BGC Crosses Above Key Moving Average Level
BGC Group Inc - Class A (BGC) shares have crossed above their 200-day moving average, trading at $9.53 per share, up 5.5% on the day. The 200-day moving average for BGC is $9.42. The stock's 52-week range is between $7.24 and $10.955.
Will New FCA Swaps Benchmark Status Recast BGC Group's (BGC) Role in Core Derivatives Markets?
BGC Group's subsidiary BGC Brokers L.P. has been authorized by the U.K. FCA as a benchmark administrator for various swaps, enhancing its offering with an FCA-regulated reference source. While this broadens BGC's swaps coverage and strengthens its value proposition, investors view it as incremental rather than transformational, with core concerns remaining around leverage, cyclical trading volumes, and its valuation. The article emphasizes the importance of considering multiple perspectives before drawing conclusions, especially given the wide range of fair value estimates for BGC Group.
Will FCA Benchmark Approval for Swaps Reshape BGC Group's (BGC) Role in Rate Markets?
BGC Group's BGC Brokers L.P. recently received FCA authorization as a U.K. registered benchmark administrator for various interest rate and inflation swaps, potentially enhancing its market position. While this approval is seen as a positive step in BGC's pivot towards technology and data quality, it's considered an incremental rather than a transformative change. The article notes that BGC still faces challenges such as high leverage and a premium earnings multiple, while investor opinions on its fair value diverge significantly.
BGC Group Reaffirms Q4 Outlook Following 31% Jump in Third‑Quarter Revenue
BGC Group (NASDAQ: BGC) has reaffirmed its Q4 2025 outlook, expecting revenues of $720 million to $770 million and pre-tax adjusted earnings of $152.5 million to $167.5 million, demonstrating confidence despite market volatility. This follows a strong third quarter where the company reported a 31.3% increase in total revenues to $736.8 million, with significant growth in its electronic trading business and across all regions. The company also highlighted double-digit earnings growth and strategic initiatives, including the launch of an electronic platform for U.S. dollar swaps and the acquisition of Macro Hive.
BGC Group agrees to sell kACE Financial to smartTrade Technologies SAS in $119M deal
BGC Group, Inc. has announced a definitive agreement to sell its kACE Financial business to smartTrade Technologies SAS for an estimated $119 million. The deal includes an initial payment of $80 million and up to $39 million in contingent cash consideration. This strategic move allows BGC to focus on its high-margin, technology-driven Fenics platforms, while smartTrade expands its multi-asset trading and payments offering with kACE's FX derivatives expertise.
BGC Group Announces Agreement to Sell kACE Financial to smartTrade Technologies SAS
BGC Group, Inc. has entered a definitive agreement to sell its kACE Financial business, a provider of FX derivatives pricing and analytics, to smartTrade Technologies SAS for up to $119 million. This transaction aims to unlock shareholder value and allows BGC to focus on expanding its Fenics platforms. smartTrade gains complementary FX derivatives expertise, enhancing its multi-asset trading and payments solutions.
Ex-Dividend Reminder: Bgc Group, Sun Life Financial and Manulife Financial
Bgc Group Inc - Class A (BGC), Sun Life Financial Inc (SLF), and Manulife Financial Corp (MFC) are set to trade ex-dividend on November 26, 2025. Investors can expect their stock prices to adjust downwards by the dividend percentage when trading opens. Historical dividend data is provided to help assess the stability and potential continuity of future dividends.
Why is BGC Group (BGC) One of the Best Cheap Stocks Under $10 to Buy Now
BGC Group Inc. (NASDAQ: BGC) is highlighted as a top cheap stock under $10, following a Buy rating from Piper Sandler and a $14 price target. The company reported record Q3 2025 revenues of $737 million, up 31% year-over-year, and expects a $25 million cost reduction program to boost margins. BGC provides brokerage and financial technology services across various asset classes, demonstrating strong growth despite a mixed macroeconomic environment.
BGC Group posts 15.9% Y/Y increase in Forex revenues in Q3 2025
BGC Group (NASDAQ:BGC) reported impressive financial results for Q3 2025, with Forex revenues increasing by 15.9% to $106.7 million and equities revenues growing by 13.2% to $60.4 million. Overall, total revenues climbed 31.3% to $736.8 million year-over-year, and the company achieved record Adjusted Earnings. BGC also announced a reapproved $400 million Share Repurchase Authorization and a quarterly cash dividend.
BGC Group Q2 2025 presentation: record revenues soar 42% amid electronic trading gains - Investing.com India
This article from Investing.com India discusses BGC Group's Q2 2025 presentation, highlighting record revenues that surged by 42%. This significant growth is attributed to strong performance in electronic trading.
BGC Group Q2 2025 presentation: record revenues soar 42% amid electronic trading gains - Investing.com Canada
This article reports an application error encountered while attempting to load content from Investing.com Canada. No information regarding BGC Group's Q2 2025 presentation, revenues, or electronic trading gains is available in the provided text. The content indicates a client-side exception prevented the page from displaying correctly.
BGC Group Q2 2025 presentation: record revenues soar 42% amid electronic trading gains - Investing.com
This article provides an alert about Q3 earnings and mentions an application error that occurred while loading the Investing.com website. It suggests checking the browser console for more information. No content about BGC Group's Q2 2025 results is available.
BGC Group Q2 2025 presentation: record revenues soar 42% amid electronic trading gains - Investing.com UK
BGC Group reported record revenues soaring 42% in Q2 2025, driven by strong performance in its FENICS electronic trading and Fenics Growth Platforms divisions. Revenue in these units increased by 22% and 41% respectively, showcasing the company's successful electronic transformation efforts. The firm highlighted significant gains in its fully electronic products, reaffirming its position as a leading global financial intermediary.
Earnings call transcript: BGC Group reports record revenues in Q2 2025 - Investing.com Canada
This article indicates that BGC Group reported record revenues in Q2 2025. However, due to a client-side exception, the actual content of the earnings call transcript is unavailable.
Cantor Fitzgerald buys BGC Group shares worth $82.6 million
Cantor Fitzgerald, a ten percent owner and director of BGC Group, Inc. (NASDAQ:BGC), acquired 8,973,721 shares of Class B Common Stock for $82,631,817. This transaction, occurring on October 6, 2025, increased Cantor Fitzgerald's direct ownership to 102,314,198 shares. The article also mentions recent strategic moves by BGC Group, including the divestiture of all holdings by former CEO Howard W. Lutnick and the acquisition of Macro Hive Limited to enhance AI-driven market analytics.
BGC Group Launches Opti Match First Fully Electronic Platform for U.S. Dollar Swaps
BGC Group, Inc. has introduced Opti Match, a new fully electronic trading platform for U.S. dollar swaps, enhancing execution, transparency, and liquidity. The platform, accessible through BGC Derivatives Markets, L.P., supports a range of products including SOFR Flies & Spreads and FOMC Rates. Briana Grazioso will lead the Opti Match business, with Bradley Barclay joining BGC Group to focus on the platform's growth.
Princess Beatrice Wears America-Designed Shirtdress for Charity Day in London
Princess Beatrice attended the BGC Group Charity Day in London, representing the Commercial Fisheries Research Foundation. She wore a double-faced Georgette shirtdress by American designer Ralph Lauren, paired with black strappy Zara heels. The article notes that while British royals often favor UK designers, it's not uncommon for them to wear American brands, with Kate Middleton also frequently sporting Ralph Lauren.
BGC GROUP Earnings Results: $BGC Reports Quarterly Earnings
BGC Group (BGC) announced its quarterly earnings, reporting $0.31 per share, which met analyst estimates. The company's revenue reached $784 million, surpassing the estimated $776.37 million. The article also provides details on hedge fund activity, analyst ratings, and price targets for BGC stock.
BGC Group, Inc.'s (NASDAQ:BGC) Price In Tune With Earnings
BGC Group, Inc. (NASDAQ:BGC) currently has a high price-to-earnings (P/E) ratio of 38.1x, significantly above the broader U.S. market average. This high P/E is attributed to the company's strong recent earnings growth of 97% last year and an anticipated EPS increase of 348% in the coming year, far outpacing the market forecast of 13%. Investors appear confident in BGC Group's future growth prospects, indicating that the current share price is likely sustained by these expectations.
BGC Group Buys Back $151M in Shares from US Commerce Secretary Howard Lutnick After Cabinet Appointment
BGC Group has repurchased over 16 million shares from former Chairman and CEO Howard W. Lutnick for $151 million. This comes as Lutnick, now the U.S. Secretary of Commerce, divests from the company due to federal ethics requirements. Additionally, Lutnick is transferring his ownership in Cantor Fitzgerald to family trusts, ensuring full separation from his former financial interests.
BGC Group Stock Price, News & Analysis
BGC Group, Inc. (BGC) operates as a global marketplace, data, and financial technology services company, specializing in brokerage services for various financial products. The company, which includes the FMX Futures Exchange, focuses on institutional clients and is listed on NASDAQ with a dual-class stock structure impacting voting power. Recent financial activities include strategic acquisitions, divestitures, and debt offerings, with BGC providing updated financial outlooks and using non-GAAP measures in its reporting.
BGC Group completes acquisition of OTC Global Holdings
BGC Group, Inc. has completed its acquisition of OTC Global Holdings, LP, for $325 million in a substantially all-cash transaction. This acquisition is expected to establish BGC as the premier global energy, commodities, and shipping broker and be immediately accretive to the company. OTC generated over $400 million in revenues for the full year 2024.
Major Trading Powerhouse Emerges: BGC's $325M Strategic Acquisition Transforms Energy Markets
BGC Group has completed its acquisition of OTC Global Holdings for $325 million, making it the world's leading energy, commodities, and shipping (ECS) brokerage firm. The acquisition is expected to be immediately accretive, given OTC's strong 2024 revenue of over $400 million, and firmly establishes ECS as BGC's largest asset class. This strategic move strengthens BGC's market leadership and is anticipated to deliver significant value to clients and shareholders.
BGC Group Rings the Opening Bell
BGC Group, a global brokerage and financial technology company, iscelebrating 25 years as a publicly traded company by ringing the Nasdaq Opening Bell. John Abularrage, Americas CEO and Global Co-Head of Brokerage, will perform the bell-ringing duties. The event takes place on December 17, 2024, at the Nasdaq MarketSite in Times Square.
Cantor Defeats Ex-Partners’ Suit Alleging It Withheld Bonuses
Cantor Fitzgerald LP successfully defended itself against a lawsuit brought by former partners who alleged the firm improperly withheld over $10 million in bonuses. A U.S. District Judge ruled that the ex-partners failed to prove legitimate antitrust and fair-dealing claims regarding non-compete clauses in their agreements. This marks at least the second legal victory for Cantor this year concerning its partnership agreements.
Capitolis Acquires BGC Group’s Compression & Optimization Business, Capitalab, to Accelerate Rapid Growth
Capitolis has announced the acquisition of Capitalab, BGC Group’s Compression & Optimization Business, for $46 million. This strategic acquisition will expand Capitolis's offerings in Rates Portfolio Compression and Margin Optimization and integrate Capitalab's highly innovative technology into Capitolis's existing solutions. Gavin Jackson, Capitalab's founder and CEO, will join the Capitolis executive team to further accelerate growth and innovation in the capital markets.
BGC Group announces agreement to acquire OTC Global Holdings
BGC Group, Inc. has announced an agreement to acquire OTC Global Holdings, LP, the largest independent institutional energy and commodities brokerage firm. This acquisition is expected to expand and diversify BGC's global Energy, Commodities, and Shipping (ECS) business by integrating OTC's complementary product suite and client base. The all-cash transaction is subject to customary closing conditions, including regulatory approvals.
BGC Group acquires Sage Energy Partners
BGC Group, Inc. (NASDAQ:BGC) has acquired Sage Energy Partners, LP, an energy and environmental brokerage firm, to expand its energy brokerage services in the U.S. and bolster its global growth in the Energy, Commodities, and Shipping (ECS) business. This acquisition will broaden BGC's offerings in refined products, biofuels, environmental products, NGLs, and petrochemicals, making it a "one-stop-shop" for environmental brokerage. BGC expects the acquisition to be immediately accretive and enhance its capabilities in key growth sectors.
Trump's Wall Street middleman taps network for potential administration roles
Howard Lutnick, CEO of Cantor Fitzgerald and co-chair of Donald Trump's transition team, is leveraging his Wall Street network to recruit thousands of candidates for potential administration roles. Lutnick aims to find top talent for a first-class administration, building on a decades-long relationship with Trump and his own extensive business connections across various sectors. This recruitment effort signals Trump's continued interest in drawing executives from the business community for government positions.
Fenics Market Data announces strategic partnership with ZE PowerGroup to distribute Energy and Commodities Market Data
Fenics Market Data has partnered with ZE PowerGroup to distribute its energy and commodities pricing data through ZE's ZEMA management solution. This collaboration aims to provide clients with a comprehensive over-the-counter data solution, enabling deeper market insights and informed decision-making by integrating Fenics' pricing expertise with ZEMA's end-to-end data services. The partnership is expected to help trading firms manage market volatility, reduce manual intervention, and improve risk assessment and reporting capabilities.
BGC Group and Cantor Fitzgerald Raise Spirits and Funds with Charity Day 2023
BGC Group and Cantor Fitzgerald, along with celebrity ambassadors, held their annual Charity Day on September 11, 2023, raising funds for the Cantor Fitzgerald Relief Fund and other global charities. This event honors those lost on 9/11 by donating 100% of the firms' global revenues from the day to charitable causes. Since 2002, Charity Day has raised funds for over 150 charities, aiding victims of natural disasters, disease, and military families.
Fenics Market Data Launches AUD Interest Rate Swaps Service
Fenics Market Data has launched a new service for Australian Dollar (AUD) Interest Rate Swaps (IRS), providing greater market transparency with executable data. This unique composite screen, compiled from live inputs from multiple market participants, aims to reduce mispricing risks by offering a complete market view. The service, available on Bloomberg (FMDSFABD), is expected to significantly increase market contribution in the coming weeks.
BGC Partners Completes Corporate Conversion to Full C-Corporation, Name Change to BGC Group, Inc., and Ticker Symbol Change to "BGC"
BGC Partners announced the completion of its corporate conversion to a Full C-Corporation, officially changing its name to "BGC Group, Inc." and its Nasdaq ticker symbol to "BGC" from "BGCP". This move aims to attract a broader investor base, with Chairman and CEO Howard Lutnick expressing optimism about future growth and the upcoming launch of their FMX platform. The company, a leading global brokerage and financial technology firm, will trade under its new ticker symbol starting July 3, 2023.
BGC Partners Reports First Quarter 2023 Financial Results
BGC Partners, Inc. announced its financial results for the first quarter ended March 31, 2023, and declared a quarterly dividend. The company, a leading global brokerage and financial technology firm, also scheduled a conference call to discuss these results. Full details of the financial report and dividend declaration are available on BGC's investor relations website.
BGC Partners (BGCP) to Get Converted Into Corporate Structure
BGC Partners (BGCP) has entered into a corporate conversion agreement to reorganize its structure, changing its name to BGC Group, Inc. and its ticker symbol to BGC. This move aims to simplify the organizational structure and is expected to deliver value through increased simplicity and reduced operational complexity. The conversion will allow stockholders and employees to participate in the company's economics through a single publicly traded corporation.
BGC Partners rebrands to BGC Group
BGC Partners has officially rebranded to BGC Group, Inc., and its stock ticker symbol will change from BGCP to BGC. This change is part of a larger corporate restructuring to become a "Full C-Corporation" from an "Up-C Corporation," which will simplify its corporate structure and tax implications for shareholders. The company believes this move will increase simplicity and reduce operational complexity, delivering significant value.
Fenics Market Data Expands FX Options ("FXO") Offering with AI and New Analytics
Fenics Market Data (FMD) has launched FXO 2.0, an upgraded FX Options volatility service incorporating machine learning and advanced analytics. This new offering significantly expands coverage to over 300 currency pairs and 27 precious metal pairs, with more dynamic market spreads based on BGC Partners' trading venues. FXO 2.0 aims to meet client demand for greater transparency, tradable data, and enhanced valuation and risk analysis.
BGC Partners launches Fenics Market Xchange FMX
BGC Partners has launched Fenics Market Xchange (FMX), a new electronic marketplace for U.S. Rates Cash and Futures trading. FMX combines Fenics UST and FMX U.S. Futures on a single platform, offering integrated trading and clearing solutions with a clearing services agreement with LCH Ltd. This initiative aims to provide significant capital and operational efficiencies and fundamentally alter the Futures landscape.
Ardonagh Group seals completion of £365 million acquisition
The Ardonagh Group has completed its $500 million (approx. £365.77 million) acquisition of the insurance operations of BGC Partners, Inc. This move creates the largest independent specialty broker in the London market, with the Ardonagh Specialty and Capital arm now boasting a combined $450m revenue and placing over $5bn GWP. The entire group now places $13 billion GWP and has $1.4 billion in annual revenue.
Cantor Fitzgerald and BGC Partners’ Charity Day 2021: Never Forget by Giving Back
Cantor Fitzgerald and BGC Partners raised $12 million for charities during their 2021 Charity Day, commemorating the 20th anniversary of 9/11. Celebrities participated in the virtual event, which distributes 100% of the firms' global revenues to the Cantor Fitzgerald Relief Fund and other charities. To date, Charity Day has raised nearly $200 million and the Relief Fund has distributed over $350 million globally since its inception following the 9/11 attacks.
BGC Partners' Charity Day 2020 Virtually Unstoppable - Cantor
Cantor Fitzgerald and BGC Partners successfully held their annual Charity Day virtually in 2020, raising $10 million for hundreds of charities worldwide. This event, which featured numerous celebrities, honored those lost on 9/11 and provided critical support to charities, especially given the challenges posed by COVID-19. Since its inception, Charity Day has raised $180 million for charitable causes globally, while the Cantor Fitzgerald Relief Fund has distributed over $357 million.
Making A Difference & Rewriting A Narrative, Cantor Fitzgerald's And BGC Partners' Charity Day Raises Funds & Spirits
Cantor Fitzgerald and BGC Partners hosted their 18th annual Charity Day on September 11, 2019, raising millions for 150 charities as a tribute to those lost on 9/11. The event, which has generated approximately $336 million globally since its inception, brings together celebrities and licensed brokers to conduct transactions, with 100% of global revenue distributed to various charitable causes, including the Cantor Fitzgerald Relief Fund. This initiative transforms a tragic day into one of hope, charity, and unity, honoring the memory of Cantor and Eurobrokers employees lost in the World Trade Center attacks.
BGC Partners, Inc. GFI subsidiary expands Asia footprint with acquisition of energy broker Ginga Petroleum
BGC Partners, Inc.'s subsidiary, GFI Asia Holdings Pte. Ltd., announced the completion of its acquisition of Ginga Petroleum (Singapore) Pte Ltd. This acquisition is set to expand BGC's footprint in Asia, particularly strengthening its oil broking business with Ginga's expertise in physical and derivative energy products. The financial details of the transaction were not disclosed.
EX-99.2
This document details Newmark Group, Inc.'s organizational structure following its spin-off from BGC Partners, as of November 30, 2018. It outlines the ownership of Newmark's Class A and Class B common stock, highlighting Cantor Fitzgerald, L.P.'s controlling interest through Class B shares and Newmark's holding company structure managing operations through Newmark OpCo. The filing also discusses potential changes in voting power upon conversion of Class B shares and exchange of partnership units, and Newmark's authorized share repurchase program.
BGC Completes Newmark Share Distribution to Stockholders
BGC Partners announced the completion of the distribution of all shares of Newmark Group to its stockholders, effective November 30, 2018, as a pro rata stock dividend. Following the spin-off, BGC no longer holds Newmark shares but remains active in strategic acquisitions like Poten & Partners Group and Ed Broking Group Limited. The company has shown strong capital position and a Zacks Rank #1 (Strong Buy).
BGC Partners Completes Spin-Off of Newmark Group
BGC Partners has finalized the spin-off of its real estate services business, Newmark Group. This action likely separates the two entities into independent publicly traded companies. The article announces the completion of this significant corporate restructuring event.
Newmark Announces Completion of Spin-Off from BGC Partners
Newmark Group, Inc. announced the completion of its spin-off from BGC Partners, Inc. BGC distributed all of its Newmark shares to its stockholders through a special pro rata stock dividend. This spin-off effectively separated Newmark from BGC, with Newmark's Class A common share count and float significantly increasing.
BGC Partners to Relocate UK based Headquarters to 5 Churchill Place, Canary Wharf, E14
BGC Partners, a global brokerage and financial technology company, announced its decision to relocate its UK headquarters to 5 Churchill Place, Canary Wharf, E14 in 2019. This move will consolidate operations from its two current Canary Wharf locations and provide enhanced facilities for staff and clients, while also allowing for potential future acquisitions. Knight Frank represented BGC Partners in the lease agreement, highlighting Canary Wharf's compelling value and London's continued commitment from the financial services sector.
BGC partners introduces its "voice and electronic broking" graduate training program
BGC Partners, Inc. launched a "voice and electronic broking" graduate training program in Bahrain for local university graduates. The 12-month program includes technical training and mentoring in London and Bahrain, preparing candidates for roles as Junior Brokers and reinforcing BGC's commitment to developing Bahrain's financial services workforce.
