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. 

Employee Rating

3.1More
TypePublic
HQNew York, US
Founded1945
Size (employees)9,238 (est)
Websitebgcpartners.com
BGC Partners was founded in 1945 and is headquartered in New York, US
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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
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BGC Partners Office Locations

BGC Partners has offices in New York, Sugar Land, Juno Beach, Palm Beach Gardens and in 24 other locations
New York, US (HQ)
499 Park Ave
Chicago, US
1900 222 W Adams St
Edison, US
333 Thornall St
Garden City, US
290 1325 Franklin Ave
Houston, US
720 2 Greenway Plaza
Juno Beach, US
504c 790 Juno Ocean Walk
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BGC Partners Financials and Metrics

BGC Partners Revenue

BGC Partners's revenue was reported to be $3.35 b in FY, 2017 which is a 28.4% increase from the previous period.
USD

Revenue (Q2, 2018)

1.9b

Net income (Q2, 2018)

147.4m

Market capitalization (14-Dec-2018)

1.8b

Closing stock price (14-Dec-2018)

5.6

Cash (30-Jun-2018)

398.5m

EV

1.5b
BGC Partners's current market capitalization is $1.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

(28%)44%1%28%

Sales and marketing expense

2.0b114.9m

General and administrative expense

199.8m
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, 2017

Net Income

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

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

-7.5 x

Financial Leverage

7.2 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
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BGC Partners Revenue Breakdown

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

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

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BGC Partners Online and Social Media Presence

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BGC Partners News and Updates

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, ...

Newmark Announces Completion of Spin-Off from BGC Partners

NEW YORK, Nov. 30, 2018 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark", or the "Company"), which, through subsidiaries, operates a leading full-service commercial real estate services business, today announced that BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC") ...

BGC Partners and Newmark Group Announce Terms of New Separate Credit Facilities

NEW YORK, Nov. 28, 2018 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company") and Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark") today announced terms of their new separate credit agreements. Together, these credit agreements total $600 million as...

BGC Partners Announces Distribution Ratio for Spin-Off of Newmark

NEW YORK, Nov. 26, 2018 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company"), a leading global brokerage and financial technology company, today announced that it had determined the final distribution ratio relating to its previously announced...

BGC Partners to Acquire Ed Broking Group Limited, a Leading Lloyd's of London Insurance Broker

LONDON, Oct. 29, 2018 /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 entered into an agreement to acquire Ed Broking Group Limited ("Ed"), an independent...

Newmark and BGC Partners Announce Monetization of an Additional Approximately 2 Million Nasdaq Shares and Update Their Outlooks

NEW YORK, Sept. 26, 2018 /PRNewswire/ -- Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark" or "Newmark Group"), a leading full-service commercial real estate services business, and its parent company BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC"), a leading global brokerage and...
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BGC Partners Blogs

BGC PARTNERS AND NEWMARK GROUP ANNOUNCE TERMS OF NEW SEPARATE CREDIT FACILITIES

Please click here to view press release. The post BGC PARTNERS AND NEWMARK GROUP ANNOUNCE TERMS OF NEW SEPARATE CREDIT FACILITIES appeared first on BGC Partners.

BGC Partners Acquires Poten & Partners, a Leading Ship Brokerage and Consulting Company

Please click here to view press release. The post BGC Partners Acquires Poten & Partners, a Leading Ship Brokerage and Consulting Company appeared first on BGC Partners.

BGC Partners Announces Spin-Off of Newmark

Please click here to view press release. The post BGC Partners Announces Spin-Off of Newmark appeared first on BGC Partners.

BGC CALLS ITS 5.375% SENIOR NOTES DUE 2019 FOR REDEMPTION

NEW YORK, NY – November 6, 2018 – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,”... The post BGC CALLS ITS 5.375% SENIOR NOTES DUE 2019 FOR REDEMPTION appeared first on BGC Partners.

BGC PARTNERS TO ACQUIRE ED BROKING GROUP LIMITED, A LEADING LLOYD’S OF LONDON INSURANCE BROKER

Please click on the above headline to view press release. The post BGC PARTNERS TO ACQUIRE ED BROKING GROUP LIMITED, A LEADING LLOYD’S OF LONDON INSURANCE BROKER appeared first on BGC Partners.

FENICS Market Data Introduces RON Rates Suitewdxefcqufszuzezftuxetqsqxt

New data suite can be added to existing packages on Thomson Reuters London, Oct 2,... The post FENICS Market Data Introduces RON Rates Suite appeared first on BGC Partners.
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BGC Partners Company Life and Culture

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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 Merkel.

  • How many employees does BGC Partners have?

    BGC Partners has 9,238 employees.

  • What is BGC Partners revenue?

    Latest BGC Partners annual revenue is $3.4 b.

  • What is BGC Partners revenue per employee?

    Latest BGC Partners revenue per employee is $363 k.

  • Who are BGC Partners competitors?

    Competitors of BGC Partners include ABG Sundal Collier Holding, CITIC Securities and T. Rowe Price.

  • 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, Sugar Land, Juno Beach, Palm Beach Gardens and in 24 other locations.

  • How many offices does BGC Partners have?

    BGC Partners has 31 offices.