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, NY, US
Websitebgcpartners.com
Employee Ratings2.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2018)4,688(-49%)
Revenue (FY, 2019)$2.1 B(+9%)
Share Price (Feb 2021)$4.5
Cybersecurity ratingBMore

Key People/Management at BGC Partners

Howard W. Lutnick

Howard W. Lutnick

Chairman and Chief Executive Officer
Stephen T. Curwood

Stephen T. Curwood

Director
Stephen Merkel

Stephen Merkel

Executive Vice President, General Counsel and Secretary
Steven Bisgay

Steven Bisgay

Executive Managing Director, Chief Financial Officer
William J. Moran

William J. Moran

Director
Sean Windeatt

Sean Windeatt

Chief Operating Officer
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BGC Partners Office Locations

BGC Partners has offices in New York, Chicago, Edison, Houston and in 16 other locations
New York, NY, US (HQ)
499 Park Ave
Chicago, IL, US
222 W Adams St #1900
Edison, NJ, US
333 Thornall St
Houston, TX, US
2 Greenway Plaza #720
New York, NY, US
199 Water St 19th Floor
Sugar Land, TX, US
2277 Plaza Dr #240
Show all (22)

BGC Partners Financials and Metrics

BGC Partners Revenue

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

Revenue (Q3, 2020)

455.0m

Net income (Q3, 2020)

24.9m

Market capitalization (26-Feb-2021)

1.7b

Closing stock price (26-Feb-2021)

4.5

Cash (30-Sept-2020)

492.3m

EV

2.5b
BGC Partners's current market capitalization is $1.7 b.
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, 2020Q3, 2020

Revenue

827.0m956.6m1.9b977.3m544.8m551.2m521.1m603.2m519.1m455.0m

Sales and marketing expense

26.8m668.6m1.3b30.9m18.4m21.5m20.3m18.7m6.6m5.9m

General and administrative expense

54.8m107.2m

Operating expense total

26.8m863.2m1.8b30.9m18.4m21.5m20.3m18.7m6.6m5.9m
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, 2020Q3, 2020

Net Income

18.3m16.3m8.2m10.1m9.7m7.0m41.5m172.1m10.5m21.8m32.9m26.2m41.2m95.8m268.3m36.9m268.3m128.0m128.0m239.4m97.4m147.4m309.7m87.2m108.9m111.5m21.0m60.6m85.5m

Depreciation and Amortization

24.1m36.2m12.5m24.8m38.3m12.6m24.9m35.5m10.8m21.6m32.8m16.6m61.2m65.7m18.5m38.5m58.7m21.9m41.8m63.1m

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)(48.9m)

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)73.0m141.5m
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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

BGC Partners Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

BGC Partners Online and Social Media Presence

Embed Graph

BGC Partners Company Culture

  • Overall Culture

    A+

    85/100

  • CEO Rating

    B-

    70/100

  • Compensation

    A-

    78/100

Learn more on Comparably

BGC Partners News and Updates

BGC Partners Reports Third Quarter 2020 Financial Results

NEW YORK, Oct. 28, 2020 /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 ended September 30, 2020. A complete and full-text...

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...
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BGC Partners Blogs

Howard Lutnick, Chairman & CEO of BGC Partners and Cantor Fitzgerald, spoke to Fox Business at the World Economic Forum in Davos, Switzerland about global market outlook for 2020.

Please click here to view the clip. The post Howard Lutnick, Chairman & CEO of BGC Partners and Cantor Fitzgerald, spoke to Fox Business at the World Economic Forum in Davos, Switzerland about global market outlook for 2020. appeared first on BGC Partners.

Today is #GivingTuesday

#GivingTuesday, a day when charities, families, businesses, and communities around the world come together for... The post Today is #GivingTuesday appeared first on BGC Partners.

Derivatives exchange of the year: SGX

Please click on the above headline to view press release. The post Derivatives exchange of the year: SGX appeared first on BGC Partners.

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.
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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, Stephen T. Curwood 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 $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, Houston and in 16 other locations.

  • How many offices does BGC Partners have?

    BGC Partners has 22 offices.