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Profile: BGC Partners Inc (BGCP.O)

BGCP.O on Nasdaq

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BGC Partners, Inc. (BGC), incorporated on June 3, 1999, is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. The Company provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. Its integrated platform is designed to provide flexibility to customers with regard to price discovery, execution and processing of transactions, and enables them to use voice, hybrid, or in various markets, electronic brokerage services in connection with transactions executed either over-the-counter or through an exchange. Through the Company's FENICS, Lucera, BGC Trader, BGC Market Data and Capitalab brands, it offers electronic brokerage, financial technology solutions, market data, post-trade services, and analytics related to select financial instruments and markets. The Company's customers include banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers and investment firms.

Financial Services

The Company's Financial Services segment specializes in the brokerage of a range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, and futures. It provides a range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions. The Company provides electronic marketplaces in a range of financial markets through various products and services, including FENICS, BGC Trader, and various multi-asset hybrid offerings for voice and electronic execution, including BGC's Volume Match and GFI's CreditMatch. Its fully electronic businesses within its Financial Services segment are collectively referred to as FENICS. These offerings include fully electronic brokerage products, as well as offerings in market data, software solutions, and post-trade services across both BGC and GFI. Its end-to-end solution includes real-time and auction-based transaction processing, credit and risk management tools and back-end processing and billing systems. It also offers post-trade services through its Capitalab brand. Its Software Solutions business provides the software and technology infrastructure for the transactional and technology related elements of the Freedom International Brokerage Company (Freedom) marketplace, as well as certain other services in exchange for specified percentages of transaction revenue from the marketplace.

Real Estate Services

Newmark Grubb Knight Frank (NGKF) is a commercial real estate platform that consists of the Company's Real Estate Services segment. Through NGKF, the Company offers commercial real estate tenants, owner-occupiers, investors and developers a range of services, including leasing and corporate advisory, investment sales and real estate finance, consulting, appraisal and valuation, project management and property and facility management. The Company's Real Estate Transaction Services incldue tenant representation leasing, Agency Leasing, Capital Markets, and Valuation and Advisory. Under Tenant Representation, the Company represents tenants in the office, industrial, retail, data center, healthcare and hospitality sectors. The Company's tenant representation services include space acquisition and disposition, strategic planning, site selection, financial and market analysis, economic incentives analysis, lease negotiations, lease auditing and project management. It provides clients with strategic solutions to their real estate capital concerns. It offers a range of real estate capital markets services, including investment sales and access to providers of capital. Representing buyers and sellers, NGKF provides access to a range of services, including asset sales, sale leasebacks, asset management, valuation, mortgage and entity-level financing and due diligence. The transactions that NGKF brokers involve vacant land, real estate developments and existing buildings. NGKF specializes in arranging equity or debt for most types of value-added commercial real estate, including land, condominium, conversions, subdivisions, office, retail, industrial, multifamily, student housing, hotels, data center, healthcare, self-storage and special use. Its Valuation Services include valuation and advisory services. The Company provides commercial property and facility management services to tenants, owners and property owners. It offers a diverse range of management services to clients.

Under Property and Facilities Management, NGKF manages the day-to-day operations and maintenance for urban and suburban commercial properties of most types, including office, industrial, data centers, healthcare, retail, call centers, urban towers, suburban campuses and buildings. NGKF's property management services include building operations and maintenance, leasing, vendor and contract negotiation, project oversight and value engineering, labor relations, property inspection/quality control, property accounting and financial reporting, cash flow analysis, financial modeling, lease administration, due diligence, and exit strategies. NGKF's facilities management services include facility audits and reviews, energy management services, janitorial services, mechanical services, bill payment, maintenance, project management and moving management.

The Company competes with NEX Group plc, TP ICAP plc, Viel & Cie, Aramark, ISS A/S and ABM Industries, CBRE Group, Inc., Jones Lang LaSalle Inc., TPG Capital, Savills Studley, Inc., Colliers International Group, Inc, HFF, Inc., Marcus & Millichap Inc., Wells Fargo & Company, Marex Spectron Group Limited, Gottex Brokers Holding SA, Bloomberg L.P., Thomson Reuters Corporation, Intercontinental Exchange, Inc. and Tradeweb Markets LLC.

Company Address

BGC Partners Inc

499 Park Ave
NEW YORK   NY   10022-1240
P: +1646.3467000
F: +1646.3466919

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