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 Ratings2.7

Latest Updates

Employees (est.) (Dec 2018)4,688(-49%)
Job Openings108
Revenue (FY, 2019)$2.1 B(+9%)
Share Price (Oct 2020)$2.8 (-3%)
Cybersecurity ratingBMore

Key People/Management at BGC Partners

Howard W. Lutnick

Howard W. Lutnick

Chairman and Chief Executive Officer
Shaun D. Lynn

Shaun D. Lynn

President
Stephen T. Curwood

Stephen T. Curwood

Director
Stephen Merkel

Stephen Merkel

Executive Vice President, General Counsel and Secretary
Sean P. Galvin

Sean P. Galvin

Chief Accounting Officer
Steven Bisgay

Steven Bisgay

Executive Managing Director, Chief Financial Officer
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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
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BGC Partners Financials and Metrics

BGC Partners Revenue

BGC Partners's revenue was reported to be $2.10 b in FY, 2019
USD

Revenue (Q2, 2020)

519.1m

Net income (Q2, 2020)

39.6m

Market capitalization (19-Oct-2020)

989.0m

Closing stock price (19-Oct-2020)

2.8

Cash (30-Jun-2020)

463.6m

EV

1.8b
BGC Partners's current market capitalization is $989 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.5b1.8b2.6b2.6b3.4b1.9b2.1b

Revenue growth, %

(28%)44%1%28%

Sales and marketing expense

2.0b114.9m69.3m81.6m

General and administrative expense

199.8m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

827.0m956.6m1.9b977.3m544.8m551.2m521.1m603.2m519.1m

Sales and marketing expense

26.8m668.6m1.3b30.9m18.4m21.5m20.3m18.7m6.6m

General and administrative expense

54.8m107.2m

Operating expense total

26.8m863.2m1.8b30.9m18.4m21.5m20.3m18.7m6.6m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

369.7m388.4m716.9m648.3m461.2m502.0m634.3m336.5m415.4m

Accounts Receivable

3.7m

Inventories

PP&E

141.1m127.6m112.0m189.3m157.2m204.8m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

20.1m23.9m173.8m(3.8m)268.3m128.0m81.7m279.9m84.9m

Depreciation and Amortization

49.3m51.0m82.3m71.5m79.5m

Inventories

Accounts Payable

(15.4m)23.4m57.1m63.2m(34.8m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

18.3m16.3m8.2m10.1m9.7m7.0m41.5m172.1m10.5m21.8m32.9m26.2m41.2m95.8m268.3m36.9m268.3m128.0m128.0m239.4m97.4m147.4m309.7m87.2m108.9m111.5m21.0m60.6m

Depreciation and Amortization

24.1m36.2m12.5m24.8m38.3m12.6m24.9m35.5m10.8m21.6m32.8m16.6m61.2m65.7m18.5m38.5m58.7m21.9m41.8m

Accounts Payable

(19.1m)(10.4m)6.9m2.0m(2.1m)872.0k194.0m64.8m(35.1m)(30.9m)(25.6m)(117.7m)81.7m61.3m(28.0m)(16.9m)(87.2m)(60.3m)(85.1m)

Cash From Operating Activities

(4.1m)37.3m(11.8m)83.6m95.7m7.5m60.0m102.6m64.0k29.2m80.8m(63.3m)(6.7m)126.6m(202.1m)(479.1m)(248.0m)109.1m784.5m(832.7m)(194.2m)(758.1m)(60.8m)58.3m133.6m(71.6m)73.0m
USDQ2, 2011

Financial Leverage

5.1 x
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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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

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 Announces Launch Of Exchange Offer For Its 4.375% Senior Notes Due 2025

NEW YORK, Sept. 9, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced an offer to exchange up to $300 million aggregate principal amount of its outstanding 4.375%...

Shaun Lynn appointed Vice Chairman of BGC Partners and will transition from role as President

NEW YORK, Aug. 14, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that Shaun Lynn has been appointed Vice Chairman of the Company, and will transition from his...

BGC Partners Appoints CFO and Announces Additional Leadership Changes in Global Brokerage Business

NEW YORK, Dec. 20, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company"), a leading global brokerage and financial technology company, today announced changes to its leadership team. Appointment of Chief Financial Officer BGC has named Steven...

BGC Partners sees Q4 revenue, profit at lower end of guidance

BGC Partners Inc. late Wednesday tweaked its outlook for the fourth quarter, pinning it on "generally lower" industry volumes. The brokerage and financial technology company said it expects fourth-quarter revenue and adjusted earnings between the low- and the mid-point of a guidance range given in …

BGC Partners Updates its Outlook for the Fourth Quarter of 2019

NEW YORK, Dec. 18, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending December 31, 2019.1 Updated Outlook...

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...
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BGC Partners Blogs

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.

Mark Costin to join BGC Insurance Group’s new global aviation broker

LONDON 01 August 2019   BGC Insurance Group (BGCI), a division of BGC Partners Inc.... The post Mark Costin to join BGC Insurance Group’s new global aviation broker appeared first on BGC Partners.

Cantor Fitzgerald Relief Fund’s Father’s Day Auction

The Cantor Fitzgerald Relief Fund is hosting a Father’s Day online auction, today through Thursday,... The post Cantor Fitzgerald Relief Fund’s Father’s Day Auction appeared first on BGC Partners.

Charity Day 2019 Application Deadline is Extended

The Charity Day 2019 application deadline is being extended until Friday, April 12, 2019. If... The post Charity Day 2019 Application Deadline is Extended appeared first on BGC Partners.
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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 T. Curwood.

  • How many employees does BGC Partners have?

    BGC Partners has 4,688 employees.

  • What is BGC Partners revenue?

    Latest BGC Partners annual revenue is $2.1 b.

  • What is BGC Partners revenue per employee?

    Latest BGC Partners revenue per employee is $448.9 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.