Tag Archives: bgc

GFI Hasn’t Terminated CME Takeover Deal yet, despite BGC’s Superior $675 MLN Proposal

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Despite getting an over 15% better price for the GFI Shares, the company’s board of directors “has not changed its recommendation with respect to, and continues to support, the pending transaction with CME.”
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BCG Partners Enters into a Tough Bidding War with CME for Acquisition of GFI

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After the CME Group bid $4.55 in an all-shares deal in late July, BCG Partners comes to the table allegedly owning close to 14% of GFI’s float with an all-cash $675 million unsolicited offer.
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FX Revenues at BGC Partners Drop by 5% QoQ, as FX Volumes Rise by 17%

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This being the last quarter affected by the sale of eSpeed to NASDAQ OMX, the company has reported that it is expecting its overall earnings to increase between 39 and 60% in the third quarter of 2014.
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BGC Capital and Thomson Reuters’ OTC Data Partnership Offers 98 FX Pairs

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BGC’s executive managing director & global head of BGC Partners’ Market Data Group, Mark Benfield has detailed some of the aspects of the partnership with Thomson Reuters which BGC entered into last week.
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BGC sets new record in FX Forwards – 18 yards

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Britians Prince Harry helped City brokers BGC Partners to break a world record on Monday as he ‘assisted’ the firm’s brokers with an incredible €18 billion trade during their Charity Day.
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