OverviewSuggest Edit

BGC Partners is a brokerage company servicing the wholesale financial and real estate markets. The Company provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information and other back office services. It offers its customers access to financial products within fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures and structured products. 

TypePublic
Founded1945
HQNew York, US
Websitebgcpartners.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2018)4,688(-49%)
Job Openings491
Revenue (FY, 2018)$1.9 B(-42%)
Share Price (Oct 2019)$5.5 (+3%)

Key People/Management at BGC Partners

Howard W. Lutnick

Howard W. Lutnick

Chairman and Chief Executive Officer, BGC Partners, Inc.
Shaun D. Lynn

Shaun D. Lynn

President
Stephen Merkel

Stephen Merkel

Executive Vice President, General Counsel and Secretary
Sean Windeatt

Sean Windeatt

COO
Steven McMurray

Steven McMurray

CFO
Karen Laureano-Rikardsen

Karen Laureano-Rikardsen

Chief Marketing Officer
Show more

BGC Partners Office Locations

BGC Partners has offices in New York, Chicago, Edison, Garden City and in 21 other locations
New York, US (HQ)
499 Park Ave
Chicago, US
222 W Adams St #1900
Edison, US
333 Thornall St
Garden City, US
1325 Franklin Ave #290
Houston, US
2 Greenway Plaza #720
Juno Beach, US
790 Juno Ocean Walk #504c
Show all (28)

BGC Partners Financials and Metrics

BGC Partners Revenue

BGC Partners's revenue was reported to be $1.94 b in FY, 2018
USD

Revenue (FY, 2018)

1.9b

Net income (FY, 2018)

279.9m

Market capitalization (11-Oct-2019)

1.9b

Closing stock price (11-Oct-2019)

5.5

Cash (30-Jun-2018)

398.5m

EV

1.5b
BGC Partners's current market capitalization is $1.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.5b1.8b2.6b2.6b3.4b1.9b

Revenue growth, %

(28%)44%1%28%

Sales and marketing expense

2.0b114.9m1.5b

General and administrative expense

199.8m149.6m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

827.0m956.6m1.9b

Sales and marketing expense

582.1m668.6m1.3b

General and administrative expense

52.0m54.8m107.2m

Operating expense total

775.0m863.2m1.8b
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Cash

716.9m461.2m502.0m634.3m

Accounts Receivable

3.7m

Inventories

PP&E

127.6m189.3m
Quarterly
USDQ3, 2015Q1, 2016Q3, 2017Q1, 2018Q2, 2018

Cash

424.4m456.1m546.0m362.6m398.5m

PP&E

150.7m145.4m185.6m196.9m210.5m

Goodwill

953.9m814.1m926.8m944.8m946.9m

Total Assets

4.1b4.5b7.3b6.8b6.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

173.8m(3.8m)268.3m128.0m81.7m279.9m

Depreciation and Amortization

82.3m

Inventories

Accounts Payable

57.1m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

41.2m95.8m268.3m36.9m268.3m128.0m128.0m239.4m97.4m147.4m

Cash From Operating Activities

(6.7m)126.6m(202.1m)(479.1m)(248.0m)109.1m784.5m(832.7m)(194.2m)

Purchases of PP&E

(155.5m)(170.8m)(112.3m)(113.2m)(119.2m)(63.3m)(100.0m)

Cash From Investing Activities

(183.7m)(215.5m)324.8m348.9m375.1m(70.7m)(250.7m)96.0m80.4m
USDY, 2018

EV/CFO

-22.2 x

Revenue/Employee

413.4k

Financial Leverage

7.2 x
Show all financial metrics

BGC Partners Operating Metrics

FY, 2014FY, 2015FY, 2016

Internet Customers

2 k2 k2 k

Locations

60 90 100

Transactions

16.50 k
Show all operating metrics

BGC Partners Revenue Breakdown

Embed Graph

BGC Partners revenue breakdown by business segment: 51.0% from Financial Services, 47.8% from Real Estate Services and 1.2% from Other

BGC Partners revenue breakdown by geographic segment: 62.6% from United States, 21.6% from United Kingdom, 7.3% from Asia and 8.4% from Other

BGC Partners Online and Social Media Presence

Embed Graph

BGC Partners News and Updates

BGC Partners, Inc. GFI subsidiary expands Asia footprint with acquisition of energy broker Ginga Petroleum

LONDON, March 12, 2019 /PRNewswire/ -- GFI Asia Holdings Pte. Ltd, a subsidiary of BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or "the Company"), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ginga...

BGC Partners Reports Fourth Quarter and Full Year 2018 Financial Results

NEW YORK, Feb. 14, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "The Company"), a leading global brokerage and financial technology company, today reported its financial results for the quarter and year ended December 31, 2018. A complete and full-text ...

BGC Partners schließt Übernahme von Ed Broking Group Limited ab

LONDON, 02. Februar 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) („BGC Partners", „BGC" oder „Unternehmen"), ein führendes weltweit tätiges Makler- und Finanztechnologieunternehmen, gab heute bekannt, dass es die Übernahme von Ed Broking Group Limited („Ed") abgeschlossen hat –...

BGC Partners finalise l'acquisition d'Ed Broking Group Limited

LONDRES, 2 février 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ : BGCP) (« BGC Partners », « BGC » ou « l'Entreprise »), une des principales sociétés mondiales dans le domaine du courtage et de la technologie financière, a annoncé ce jour la finalisation de l'acquisition d'Ed Broking...

BGC Partners Completes Acquisition of Ed Broking Group Limited

LONDON, Feb. 1, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has completed the acquisition of Ed Broking Group Limited ("Ed"), an independent Lloyd's of ...

BGC Partners Scheduled to Webcast Presentation at Nasdaq's 39th Investor Conference on Wednesday, December 5th, 2018

NEW YORK, Nov. 30, 2018 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company") a leading global brokerage and financial technology company, today announced details regarding its participation in Nasdaq's 39th Investor Conference in London on Wednesday, ...
Show more

BGC Partners Blogs

BGC COMPLETES OFFERING OF $300 MILLION OF 3.750% SENIOR NOTES

NEW YORK, NY – September 30, 2019 – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC”) today... The post BGC COMPLETES OFFERING OF $300 MILLION OF 3.750% SENIOR NOTES appeared first on BGC Partners.

BGC ANNOUNCES PRICING OF $300 MILLION OF 3.750% SENIOR NOTES

NEW YORK, NY – September 25, 2019 – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC”) today... The post BGC ANNOUNCES PRICING OF $300 MILLION OF 3.750% SENIOR NOTES appeared first on BGC Partners.

BGC ANNOUNCES OFFERING OF SENIOR NOTES

NEW YORK, NY – September 20, 2019 – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,”... The post BGC ANNOUNCES OFFERING OF SENIOR NOTES appeared first on BGC Partners.

BGC Partners’ Charity Day Drives Impact & Inspires Unity

Take a look at our Multimedia News Release which includes video and select images from... The post BGC Partners’ Charity Day Drives Impact & Inspires Unity appeared first on BGC Partners.

Cantor Fitzgerald remembers 9/11 with Charity Day

Howard Lutnick, Chairman & CEO of BGC Partners, speaks to CNBC about remembering 9/11 and... The post Cantor Fitzgerald remembers 9/11 with Charity Day appeared first on BGC Partners.

Oyin Heath to join BGC Insurance Group’s new global aviation broker

2 August 2019   BGC Insurance Group (BGCI), a division of BGC Partners Inc. (NASDAQ:... The post Oyin Heath to join BGC Insurance Group’s new global aviation broker appeared first on BGC Partners.
Show more

BGC Partners Frequently Asked Questions

  • When was BGC Partners founded?

    BGC Partners was founded in 1945.

  • Who are BGC Partners key executives?

    BGC Partners's key executives are Howard W. Lutnick, Shaun D. Lynn and Stephen Merkel.

  • How many employees does BGC Partners have?

    BGC Partners has 4,688 employees.

  • What is BGC Partners revenue?

    Latest BGC Partners annual revenue is $1.9 b.

  • What is BGC Partners revenue per employee?

    Latest BGC Partners revenue per employee is $413.4 k.

  • Who are BGC Partners competitors?

    Competitors of BGC Partners include Tullett Prebon, T. Rowe Price and CITIC Securities.

  • Where is BGC Partners headquarters?

    BGC Partners headquarters is located at 499 Park Ave, New York.

  • Where are BGC Partners offices?

    BGC Partners has offices in New York, Chicago, Edison, Garden City and in 21 other locations.

  • How many offices does BGC Partners have?

    BGC Partners has 28 offices.