CQG Enables Trade Routing to the BGC Platform for U.S. Treasury Benchmarks

NEW YORK and LONDON, June 10 /PRNewswire/ -- CQG, Inc. today announced that it
will provide an ultra-low latency trade execution interface for BGC Partners'
U.S. Treasury Benchmarks on BGC's proprietary electronic trading platform,
eSpeed. CQG's hosted trading gateways have been collocated with BGC's eSpeed
platform to provide traders with fast access to one of the leading electronic
platforms for cash U.S. Treasury securities.

"CQG is pleased to be working with BGC Partners to develop an exceptional
solution for U.S. Treasury traders," said Rod Giffen, CQG's Global Head of
Sales and Support. "The addition of BGC's eSpeed marketplace to CQG's existing
network of Hosted Exchange Gateways makes CQG a complete solution for trading
U.S. interest rate products."

"We're very pleased that CQG has been selected as a member of BGC's 'preferred
vendor program', and excited to be extending the reach of our
electronically-traded products to their global users," said Robert Brown,
Global Head of eBusiness Integration for BGC Partners. "By leveraging the
analytics, charting, and spread capabilities of the CQG product suite, traders
will be able to integrate BGC's U.S. Treasuries into their strategies."

BGC Partners' eSpeed platform was the pioneering technology for electronic
trading of U.S. Treasuries. Today, the flexibility of BGC's technology enables
it to offer a range of electronic fixed income and other products, including
international government bonds, foreign exchange, and derivatives.

CQG clients wishing to trade BGC's U.S. Treasury products will be able to take
advantage of CQG's network of Hosted Exchange Gateways. Expanding on its
industry-leading analytics software and market data feeds, CQG has established
an extensive network of Direct Market Access servers in order to provide
traders with the best possible infrastructure and integrated front-end for
trade execution. CQG's hosted distributed trading gateways are installed
around the globe in close proximity to the matching engines of major
exchanges, providing a secure, low-latency order routing service that is built
and maintained by CQG for the benefit of traders worldwide.

Traders will also benefit from CQG's recent innovations in spread trading. The
server-based CQG Spreader is a tool for spread traders needing sophisticated
order management and ultra low-latency trade execution. Using CQG Spreader,
traders can easily create and manage multi-legged, inter-market, and
cross-exchange spreads. CQG's Spreader Core (collocated servers at the
exchanges) uses proprietary algorithmic rules to manage working legs of the
spread. Bid/Ask queues per leg in the exchange's order book are monitored by
the spread servers for liquidity. The close proximity of the core to the
exchange servers allows modification and execution of spread legs to occur in
less than a millisecond.

About CQG, Inc.
CQG, Inc. is the industry's highest-performing solution for integrated trade
routing, global market data, and advanced technical analysis. CQG partners
with more than 35 Futures Clearing Merchants and provides Direct Market
Access to more than 35 exchanges through its worldwide network of collocated
Hosted Exchange Gateways. CQG's market data feed consolidates over 100
sources, including exchanges worldwide for futures, options, fixed income,
foreign exchange, and equities as well as data on debt securities, industry
reports, and financial indices.

About BGC Partners, Inc.
BGC Partners, Inc. (Nasdaq: BGCP) is a leading, fast growing, and global
inter-dealer broker, specializing in the brokering of financial instruments
and related derivatives products. BGC Partners provides integrated voice,
hybrid, and fully electronic execution and other brokerage services to the
world's largest and most creditworthy banks, broker-dealers, investment banks,
trading firms, and investment firms for a broad range of global financial
products, including fixed income securities, interest rate swaps, foreign
exchange, equity derivatives, credit derivatives, futures, commodities,
structured products, and other instruments.

Through its eSpeed and BGC Trader brands, BGC Partners uses its proprietary,
built, and paid for technology to operate multiple buyer, multiple seller
real-time electronic marketplaces for the world's most liquid capital
markets. The Company's pioneering suite of tools provides end-to-end
transaction solutions for the purchase and sale of financial products over
its global private network or via the Internet. BGC Partners' neutral
platform, reliable network, straight-through processing and superior products
make it the trusted source for electronic trading for the world's largest
financial firms. Through its BGCantor Market Data brand, the Company also
offers globally distributed and innovative market data and analysis products
for numerous financial instruments and markets.

BGC's unique partnership structure and extensive employee ownership create a
distinctive competitive advantage among its peers. Named after fixed income
trading innovator B. Gerald Cantor, BGC Partners has 16 offices in New York
and London, as well as in Beijing (representative office), Chicago,
Copenhagen, Hong Kong, Istanbul, Johannesburg, Mexico City, Nyon, Paris,
Seoul, Singapore, Sydney, Tokyo and Toronto. For more information, visit
http://www.bgcpartners.com. The Company's corporate address is: BGC Partners,
Inc., 499 Park Avenue, New York, New York 10022. The media, analysts, and
investors can also subscribe to BGC Partners' investor "Email Alerts" at the
"Investor Relations" section of http://www.bgcpartners.com.

About BGC Partners' Preferred Vendor Program
BGC Partners' 'preferred vendor program' was established in 2008 to offer
selected network providers and independent software vendors direct access to
BGC's proprietary trading platform, eSpeed. Working closely with BGC's
experienced technology team, preferred vendors can connect directly to BGC's
Application Programming Interface (API) to give their customers fast access to
BGC's market for U.S. treasuries and other electronically traded products.

BGC Partners' preferred vendors are selected with the aim of supporting and
enhancing the range of complex strategies demanded by today's traders, and to
offer trading access to global pools of liquidity for the most sophisticated
traders on both the buy-side and sell-side.

Discussion of Forward-Looking Statements by BGC Partners
The information in this release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Such statements are based upon current expectations that involve risks and
uncertainties. Any statements contained herein that are not statements of
historical fact may be deemed to be forward-looking statements. For example,
words such as "may," "will," "should," "estimates," "predicts," "potential,"
"continue," "strategy," "believes," "anticipates," "plans," "expects,"
"intends" and similar expressions are intended to identify forward-looking
statements. Our actual results and the outcome and timing of certain events
may differ significantly from the expectations discussed in the
forward-looking statements. Factors that might cause or contribute to such a
discrepancy include, but are not limited to: our relationship with Cantor
Fitzgerald, L.P. and its affiliates ("Cantor") and any related conflicts of
interest, competition for and retention of brokers and other managers and key
employees, reliance on Cantor for liquidity and capital and other
relationships; pricing and commissions and market position with respect to any
of our products and services and those of our competitors; the effect of
industry concentration and reorganization, reduction of customers and
consolidation; liquidity, clearing capital requirements and the impact of
recent credit market events; market conditions, including trading volume and
volatility, and further deterioration of the equity and debt capital markets;
economic or geopolitical conditions or uncertainties; the extensive regulation
of the Company's businesses, changes in regulations relating to the financial
services industry, and risks relating to compliance matters; factors related
to specific transactions or series of transactions, including credit,
performance and unmatched principal risk, as well as counterparty failure;
the costs and expenses of developing, maintaining and protecting intellectual
property, including judgments or settlements paid or received in connection
with intellectual property, or employment or other litigation and their
related costs; certain financial risks, including the possibility of future
losses and negative cash flow from operations, potential liquidity and other
risks relating to the ability to obtain financing and risks of the resulting
leverage, as well as interest and currency rate fluctuations; the ability to
enter new markets or develop new products, trading desks, marketplaces or
services and to induce customers to use these products, trading desks,
marketplaces or services and to secure and maintain market share; the ability
to enter into marketing and strategic alliances and other transactions,
including acquisitions, dispositions, reorganizations, partnering
opportunities and joint ventures, and the integration of any completed
transactions; the ability to hire new personnel; the ability to expand the use
of technology for our hybrid platform, including screen-assisted,
voice-assisted and fully electronic trading; effectively managing any growth
that may be achieved; financial reporting, accounting and internal control
factors, including identification of any material weaknesses in our internal
controls and our ability to prepare historical and pro forma financial
statements and reports in a timely manner; the effectiveness of risk
management policies and procedures; the ability to meet expectations with
respect to payment of dividends, distributions and repurchases of our common
stock or purchases of BGC Holdings, L.P. ("BGC Holdings") limited partnership
interests or other equity interests in our subsidiaries, including from
Cantor, our executive officers, and our employees; and the risks and other
factors described herein under the heading "Item 1A--Risk Factors" in most
recent Form 10-K filed with the SEC on March 16, 2009, and as amended in any
subsequent filings. The foregoing risks and uncertainties, as well as those
risks discussed under the heading "Item 7A--Quantitative and Qualitative
Disclosures About Market Risk" and elsewhere in our most recent 10-K, may
cause actual results to differ materially from the forward-looking statements.
The information included herein is given as of the filing date of our most
recent Form 10-K with the SEC, and future events or circumstances could differ
significantly from these forward-looking statements. The Company does not
undertake to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. Our discussions in
financial releases often summarize the significant factors affecting our
results of operations and financial condition. This discussion is provided to
increase the understanding of, and should be read in conjunction with, our
Consolidated Financial Statements and the accompanying Notes thereto included
elsewhere in our most recent Form 10-K.

SOURCE CQG, Inc.

Vera Jurevis of CQG, Inc., +1-303-573-1400, marcomm@cqg.com; or Florencia
Panizza of BGC Partners, +1-646-339-2958, or +44 7801-428-236,
fpanizza@bgcpartners.com