July 01, 2015 BY Maria Nikolova
BGC Partners provides update on its Q2 2015 forecast
The company expects its earnings to be in the mid-point of the earlier stated guidance for the quarter to June 30, 2015.
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April 29, 2015 BY Maria Nikolova
BGC Partners posts record earnings in Q1 2015
The company enjoyed another record quarter in terms of overall profits, on the back of solid performance of its financial services business.
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April 21, 2015 BY Andrew Saks-McLeod
Shooting victim & city trader Robin Clark leaves London, moves to Spain to join CIMD
'Wolf of Shenfield' Robin Clark leaves London after 15 years with a senior level career at Eurobrokers, BGC Partners and RP Martin, as he moves to Spain to join European brokerage firm CIMD
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March 31, 2015 BY Maria Nikolova
BGC Partners posts update on financial forecast for Q1'15
BGC Partners, Inc. (NASDAQ:BGCP), the global brokerage servicing the financial and real estate markets, today published an updated earnings forecast for the first quarter of 2015. Taking out the results of GFI Group Inc. (NYSE:GFIG), in which BGC Partners recently acquired a majority stake, BGC now forecasts its quarterly revenues for distributable earnings to be…
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March 20, 2015 BY Maria Nikolova
GFI Group to delist common stock from NYSE
GFI Group Inc. (NYSE:GFIG), the US-based provider of brokerage, trade execution and clearing services, has unveiled plans to delist and deregister its common stock, which is currently trading on the New York Stock Exchange. The company attributed its decision to the upcoming changes related to the deal with BGC Partners, Inc. (NASDAQ:BGCP) and the lack…
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February 27, 2015 BY Maria Nikolova
BGC Partners, GFI Group say tender offer completed successfully
There is a positive development on the news LeapRate reported a week ago about BGC Partners, Inc. (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate markets, and GFI Group Inc. (NYSE:GFIG) agreeing on a tender offer of $6.10 per share. The companies announced today that the tender offer had been completed successfully.…
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February 09, 2015 BY Mike Fox
BGC becomes first interdealer broker to launch electronic platform for Yen IRS market
BGC Partners, Inc. (NASDAQ:BGCP), a leading global brokerage company servicing the financial and real estate markets, today announced that it has launched BGC Trader for Yen Interest Rate Swaps ("IRS"). BGC is the first interdealer broker to launch a fully electronic platform for the Yen IRS market. This new market offering utilizes BGC Trader, BGC's…
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December 19, 2014 BY Mike Fox
BGC increases all-cash tender offer to acquire GFI Group to $5.45 per share
BGC believes that its $5.45 all-cash offer is clearly superior to the $5.25 stock and cash offered under the CME transaction and urges GFI shareholders to tender their shares.
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December 15, 2014 BY Mike Fox
BGC Partners to acquire the UK assets and subsidiaries of interdealer brokerage RP Martin
Acquisition of the assets and subsidiaries of RP Martin will expand BGC's footprint into the Netherlands and Sweden and strengthen BGC's European business
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December 03, 2014 BY LeapRate Staff
Bidding war for interdealer broker GFI breaks out as CME Group matches BGC offer
Well a good old fashioned shootout is taking place for control of the GFI Group, an interdealer derivatives broker serving banks and other financial institutions from around the world. First, the CME Group made an offer to buy the 83% of GFI it didn't already own for $4.55 per share back in July. That bid…
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