BGCP BGC Partners Inc

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                                   
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940                       

1. Name and Address of Reporting Person * MERKEL STEPHEN M	2. Issuer Name and Ticker or Trading Symbol BGC Partners, Inc. [ BGCP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) EVP and General Counsel
(Last)          (First)          (Middle) C/O BGC PARTNERS, INC., 499 PARK AVENUE	3. Date of Earliest Transaction (MM/DD/YYYY) 3/2/2020
(Street) NEW YORK, NY 10022 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
BGC Holdings Exchangeable Limited Partnership Interests	(1)	3/2/2020		A		110000		(1)	(1)	Class A Common Stock, par value $0.01 per share	110000	$0	110000	D
BGC Holdings Exchangeable Limited Partnership Interests	(2)	3/2/2020		A		250065		(2)	(2)	Class A Common Stock, par value $0.01 per share	250065	$0	360065	D

Explanation of Responses:
(1)	On March 2, 2020, BGC Partners, Inc. (the "Company") granted the reporting person 110,000 exchange rights with respect to 110,000 non-exchangeable limited partnership interests of BGC Holdings, L.P. ("BGC Holdings") that were previously granted to the reporting person. The resulting 110,000 exchangeable limited partnership interests of BGC Holdings are immediately exchangeable by the reporting person for an aggregate of 110,000 shares of Class A common stock, par value $0.01 per share, of the Company ("Class A common stock"). The grant was approved by the Compensation Committee of the Board of Directors of the Company (the "Compensation Committee") and was exempt pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
(2)	On March 2, 2020, the Company granted the reporting person 250,065 exchange rights with respect to 250,065 non-exchangeable limited partnership interests of BGC Holdings that were previously granted to the reporting person. The resulting 250,065 exchangeable limited partnership interests of BGC Holdings are immediately exchangeable by the reporting person for an aggregate of 250,065 shares of Class A common stock. The grant was approved by the Compensation Committee and was exempt pursuant to Rule 16b-3 under the Exchange Act.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MERKEL STEPHEN M C/O BGC PARTNERS, INC. 499 PARK AVENUE NEW YORK, NY 10022			EVP and General Counsel

Signatures
/s/ Stephen M. Merkel		3/4/2020
**Signature of Reporting Person		Date