BGC Brokers collaborates with Pirum Systems to launch ColleX for managing post-trade LeapRate

January 25, 2017 BY Valentina Kirilova

BGC Brokers collaborates with Pirum Systems to launch ColleX for managing post-trade

BGC Brokers L.P. a subsidiary of BGC Partners, Inc. group (NASDAQ: BGCP), announced that it is collaborating with Pirum Systems, the company, specializing in connectivity and real-time straight-through processing (STP) to the securities finance industry, to launch BGC's latest offering ColleX and improve post-trade efficiency for clients. ColleX provides clients a platform for collateral trading. Specifically,…

January 11, 2017 BY Valentina Kirilova

Arran Rowsell joins BGC Partners to further strengthen London credit team

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company servicing the financial and real estate markets, announced that Arran Rowsell has joined the Company as Head of Credit Strategy in London. Mr. Rowsell will report to Tony Warner, Executive Managing Director and Head of BGC's brokerage business in London. Mr. Rowsell will oversee the coordination…

December 22, 2016 BY Valentina Kirilova

GFI Group acquires Johannesburg-based interdealer broker Micromega Securities

GFI Group, Inc., a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) operating as an intermediary in the global OTC and listed markets, has just announced that an affiliated entity has entered into an agreement to acquire Micromega Securities Proprietary Limited. Micromega Securities operates in the South African fixed income, rates and foreign exchange markets, via…

December 20, 2016 BY admin

BGC Partners completes acquisition of Sunrise Brokers

BGC Partners, Inc. (NASDAQ: BGCP) a global brokerage company servicing the financial and real estate markets, today announced that it has officially completed the acquisition of the businesses of Sunrise Broker Group. The deal was first announced back in July of this year. Sunrise Brokers is an independent financial brokerage with a reputation in worldwide equity derivatives.…

November 23, 2016 BY admin

Capitalab extends its portfolio compression service to Forex Options

London based Capitalab, an entity within BGC Partners, Inc. (NASDAQ: BGCP) announced that it has successfully launched its multilateral portfolio compression service for FX Options as well as for Interest Rate Caps and Floors. Since June 2016, five FX Options compression runs have been executed, in USD/JPY and EUR/USD, with the participation of respectively five…

September 15, 2016 BY Valentina Kirilova

BGC Partners announces launch of exchange offer for its 5.125% Senior Notes due 2021

Brokerage company BGC Partners, Inc. (NASDAQ: BGCP) has announced an offer to exchange up to $285 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2021 (the Old Notes) for an equivalent amount of its 5.125% Senior Notes due 2021 registered under the Securities Act of 1933, as amended (the Exchange Notes). $300 million in…

July 19, 2016 BY Mike Fox

BGC Partners set to acquire financial derivatives provider Sunrise Brokers

BGC Partners, Inc. (NASDAQ: BGCP) a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into an agreement to acquire the businesses of Sunrise Brokers Group, an independent financial brokerage with a leading reputation in worldwide equity derivatives. Details of the transaction were not disclosed, and completion of…

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.

Tag: NASDAQ: BGCP