BGC Partners Reports Third Quarter 2021 Financial Results

Rhea-AI Summary

BGC Partners reported its financial results for Q3 2021, with a revenue figure reflecting strong performance across various sectors. The company specializes in brokerage and financial technology services, with a portfolio that includes Fixed Income, Foreign Exchange, and more. BGC caters to leading financial institutions globally, providing crucial services such as trade execution and market data analytics. Investors can access detailed results on the company’s website.

Positive

• Solid revenue performance in Q3 2021.
• Diverse service offerings in brokerage and financial technology.

Negative

• Potential risks tied to forward-looking statements regarding the COVID-19 pandemic impact.

NEW YORK, Nov. 3, 2021 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended September 30, 2021.

A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com. It is also available at http://ir.bgcpartners.com/, along with BGC's quarterly results investor presentation and supplemental Excel financial tables.

About BGC Partners, Inc.

BGC Partners, Inc. ("BGC") is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, Fenics Market Data™, Fenics GO™, BGC®, BGC Trader™, Capitalab®, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, Fenics Market Data, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.

BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGCP". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx.

Discussion of Forward-Looking Statements about BGC

Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975

Investor Contact:
Jason Chryssicas
+1 212-610-2426

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bgc-partners-reports-third-quarter-2021-financial-results-301415224.html

SOURCE BGC Partners, Inc.

FAQ

What is BGC Partners' revenue for Q3 2021?

BGC Partners has reported solid revenue performance for Q3 2021, reflecting growth.

What services does BGC Partners provide?

BGC Partners offers brokerage, trade execution, market data analytics, and other financial services.

What is the future outlook for BGC Partners?

The future outlook may be influenced by the COVID-19 pandemic and its impact on business operations.

When was BGC Partners' Q3 2021 financial results released?

BGC Partners released its Q3 2021 financial results on November 3, 2021.

What risks does BGC Partners highlight in its reporting?

BGC Partners mentions risks related to forward-looking statements and uncertainties from the COVID-19 pandemic.