LONDON, Oct. 5, 2016 /PRNewswire/ -- BGC Partners, Inc.
(NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading
global brokerage company servicing the financial and real estate
markets, today announced that GlobalCapital has recognized
the industry leadership of BGC Partners and GFI Group across three
categories at its 2016 Global Derivatives Awards.
GlobalCapital awarded Capitalab, a division of BGC
Brokers L.P., the distinction of "Compression/compaction service of
the year" and named BGC Partners "Equity derivatives interdealer
broker of the year" and "Credit derivatives interdealer broker of
the year."
"With these three awards, our customers have recognized BGC
Partners as a world-class innovator in the derivatives markets
across several key products and services," said Shaun D. Lynn, President of BGC
Partners.
"We are gratified that clients have clearly identified us as
leaders in the highly competitive equity derivatives and credit
derivatives markets," said Jean-Pierre
Aubin, Executive Managing Director, Global Head of
Listed Products and General Manager, Continental Europe and
Philip Cramp, Head of Credit,
Repo and EGBs in London.
"Following our very first year of operation, we are proud to
have won 'Compression/compaction service of the year' in the
complex space of derivatives portfolio optimisation," added
Gavin Jackson and
David
Bachelier, Co-Founders of Capitalab.
The GlobalCapital editorial board stated that it "wanted
to reward those firms who had risen to the challenges that 2016 has
brought, looked ahead to those coming up in 2017 and created
valuable solutions and helped provide greater clarity for the
market." The publication's team interviewed senior
officials at banks and broker-dealers to determine the interdealer
broker award categories and nominees. The winners of most of the
award categories were then decided by GlobalCapital's
editorial board. Winners were chosen based on a number of factors
including innovation, market impact, performance, client feedback
and uniqueness of approach.
About Capitalab
Capitalab, a new division of BGC Brokers L.P., is led by a team of
former traders and quants from sell-side institutions, Mr.
Olivier Alvarez, Mr. David Bachelier and Mr. Gavin Jackson, who combine together over 30
years' experience in interest rates options trading and
quantitative research. BGC Brokers L.P. is regulated by the UK
Financial Conduct Authority and based in London.
About BGC Partners, Inc.
BGC Partners is a leading
global brokerage company servicing the financial and real estate
markets. BGC owns GFI Group Inc., a leading intermediary and
provider of trading technologies and support services to the global
OTC and listed markets. The Company's Financial Services
offerings include fixed income securities, interest rate swaps,
foreign exchange, equities, equity derivatives, credit derivatives,
commodities, futures, and structured products. BGC provides a wide
range of services, including trade execution, broker-dealer
services, clearing, trade compression, post trade, information, and
other services to a broad range of financial and non-financial
institutions. Through brands including FENICS, BGC Trader,
and BGC Market Data, BGC offers financial technology solutions,
market data, and analytics related to numerous financial
instruments and markets. Real Estate Services are offered
through brands including Newmark Grubb Knight
Frank, Newmark Cornish & Carey, ARA, Computerized
Facility Integration, Landauer Valuation & Advisory, and Excess
Space. Under these names, the Company provides a wide range
of commercial real estate services, including leasing and corporate
advisory, investment sales and financial services, consulting,
project and development management, and property and facilities
management.
BGC's customers include many of the world's largest banks,
broker-dealers, investment banks, trading firms, hedge funds,
governments, corporations, property owners, real estate developers,
and investment firms. BGC's common stock trades on the NASDAQ
Global Select Market under the ticker symbol (NASDAQ: BGCP).
BGC also has an outstanding bond issuance of Senior Notes
due June 15, 2042, which trade on the New York Stock Exchange
under the symbol (NYSE: BGCA). BGC Partners is led by
Chairman and Chief Executive Officer Howard W. Lutnick. For
more information, please visit http://www.bgcpartners.com.
BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser,
Newmark, Grubb & Ellis, and Grubb are trademarks, registered
trademarks and/or service marks of BGC Partners, Inc. and/or its
affiliates. Knight Frank is a service mark of Knight Frank
(Nominees) Limited.
Discussion of Forward-Looking Statements about BGC
Partners
Statements in this document regarding BGC's businesses that are not
historical facts are "forward-looking statements" that involve
risks and uncertainties. Except as required by law, BGC undertakes
no obligation to release any revisions to any forward-looking
statements. For a discussion of additional risks and
uncertainties, which could cause actual results to differ from
those contained in the forward-looking statements, see BGC's
Securities and Exchange Commission filings, including, but not
limited to, the risk factors set forth in its public filings,
including the most recent Form 10-K and any updates to such risk
factors contained in subsequent Forms 10-Q or Forms 8-K.
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SOURCE BGC Partners, Inc.