NEW YORK and LONDON, June 13,
2017 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ:
BGCP) ("BGC Partners," "BGC" or "the Company"), a leading global
brokerage company servicing the financial and real estate markets,
announced today that FENICS Market Data,
BGC's Market Data division, has agreed to a distribution
partnership with leading OTC energy brokerage Amerex Brokers LLC
("Amerex"), whereby FENICS Market Data will provide Amerex
energy-focused market data products to their customer
base.
The Amerex market data service offers comprehensive daily
indicative price reports covering the North American gas, power,
and environmental markets. Amerex Brokers LLC is a
wholly-owned subsidiary of GFI Group Inc. (NYSE: GFIG), a leading
inter-dealer broker specializing in over-the-counter derivatives
products and related securities.
Fenics Market Data's Global Head of
Sales Elliott Hann
commented: "Fenics is delighted to
further expand our suite of data products in the energy
space and offer this valuable Amerex data."
"The demand for transparent high-quality OTC energy data
has never been higher; the partnership allows us to provide our
clients and distribution partners market data gathered by one of
the leading energy brokerages in North
America," Mr. Hann added.
To further support its energy-focused market-data push in
the Americas, FENICS Market Data has hired
Michael Galione,
a seasoned market data business development professional, with a
focus on energy. Michael will be based in New York and will report to Damien Fitzpatrick, Head of Sales in the
Americas for FENICS Market Data. "Our investment in the Energy
market data business means we need to continue to expand our team
to provide dedicated domain expertise in the field. Michael brings
us that focus," added Mr. Fitzpatrick.
Mark
Gaynor, Managing Director at Amerex said:
"We are partnering with Fenics Market Data because it is a leading
provider and distributor of OTC data across a wide range of asset
classes, and this will help us expand our distribution
globally."
About Fenics Market Data
FENICS
Market Data is a leading provider of real-time, executable,
indicative, end-of-day and historical OTC market data. Our
data is sourced directly from BGC's voice, hybrid, and fully
electronic trading venues, as well as pricing analytics. BGC's
global brokerage operations encompass a range of brands including
GFI, MINT, RP Martin, Amerex, Freedom, Perimeter, Sunrise, Remate
and BGC Liquidez. FENICS Market Data also uses BGC's pricing
analytics data to provide a comprehensive solution for independent
and verifiable OTC pricing.
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, Capitalab, and Lucera, 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, NGKF Valuation & Advisory,
and Excess Space. Under these names and others, 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.
You can also follow the Company at
https://twitter.com/bgcpartners
and/or
https://www.linkedin.com/company/bgc-partners.
BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab,
Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized
Facility Integration, Landauer, Lucera, and Excess Space, Excess
Space Retail Services, Inc., and Grubb are trademarks/service
marks, and/or registered trademarks/service marks 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 that are not historical facts are "forward-looking statements"
that involve risks and uncertainties. Except as required by law,
BGC undertakes no obligation to update 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 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.