BGC Formally Recognised as Designated Source of Liquidity for Greek Government Bonds

LONDON--(Business Wire)--
The Bank of Greece, the Hellenic Republic Public Debt Management
Agency and BGC Partners, Inc. ("BGC Partners") are pleased to announce
the inclusion of BGC Partners as an additional designated trading
venue available to the Greek Government Bond Primary Dealer community.

This arrangement, which commenced 1st August 2008, will allow all
volumes transacted at BGC Partners and settled domestically at the
Bank of Greece Securities Settlement System to be incorporated into
the Bank of Greece's and the Public Debt Management Agency's analysis
of secondary market activity by Primary Dealers in Greek Government
Bonds.

The PDMA and the Bank of Greece are supportive of Primary Dealers
in Greek Government Bonds providing liquidity in a flexible manner
which is enhanced through this agreement.

Philip Norton, Executive Managing Director and Global Head of
e-Commerce at BGC Partners, said: "The evolution of the European
Government Bond market is continuing and the leadership shown by the
Greek authorities is evidence that the Primary Dealers can expect
continued innovation going forward."

BGC Partners' integrated voice and electronic platform is already
used by its brokers across multiple asset classes to provide wholesale
banks with a choice of voice, voice-assisted, screen assisted, or
fully electronic brokerage services where available. This enables
greater flexibility with regard to price discovery, execution and
processing of transactions.

About BGC

BGC Partners, Inc. (Nasdaq: BGCP) is a leading global full-service
inter-dealer broker, specializing in the trading of financial
instruments and related derivatives products. BGC Partners provides
integrated voice, hybrid, and fully electronic execution and other
brokerage services to some of the world's largest and most credit
worthy banks, broker-dealers, investment banks and investment firms
for a broad range of global financial products, including fixed income
securities, foreign exchange, equity derivatives, credit derivatives,
futures, structured products and other instruments. Through its eSpeed
and BGCantor Market Data brands, BGC Partners also offers financial
technology solutions and market data and analytics related to selected
financial instruments and markets. BGC Brokers L.P., an affiliate of
BGC Partners, Inc., holds the relevant multilateral trading facility
(MTF) license and is authorised and regulated by the Financial
Services Authority.

Named after fixed income trading innovator B. Gerald Cantor, BGC
Partners has offices in New York and London, as well as in Beijing
(representative office), Chicago, Copenhagen, Hong Kong, Johannesburg,
Istanbul, Mexico City, Nyon, Paris, Seoul, Singapore, Sydney, Tokyo
and Toronto.

To learn more, please visit www.bgcpartners.com.

BGC Partners, Inc.
Adrian Thomas, 44-(0)207-894-8647
athomas@bgcpartners.com

Copyright Business Wire 2008