NEW YORK, Oct. 25, 2018 /PRNewswire/ -- BGC Partners,
Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "The Company"), a
leading global brokerage and financial technology company, today
reported financial results for the quarter ended September 30, 2018. BGC's financial results
consolidate those of the Company's publicly traded and
majority-owned subsidiary, Newmark Group, Inc. (NASDAQ: NMRK)
("Newmark"). Newmark reports its stand-alone results separately
today.
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 directly at any of the following web
pages:
http://ir.bgcpartners.com/ (an HTML version with Excel financial
tables or PDF)
http://ir.bgcpartners.com/news-releases/news-releases (an HTML
version with Excel financial tables or PDF)
http://www.bgcpartners.com/category/bgc-releases/ (PDF only)
(Note: If clicking on the above links does not open up a new web
page, you may need to cut and paste the above URLs into your
browser's address bar.)
About BGC Partners, Inc.
BGC Partners is a leading
global brokerage and financial technology company. BGC offers Real
Estate Services through its publicly traded subsidiary Newmark
Group, Inc. BGC owns GFI Group Inc., a leading intermediary and
provider of trading technologies and support services to the global
OTC and listed markets. BGC's Financial Services offerings include
fixed income securities, interest rate swaps, foreign exchange,
equities, equity derivatives, credit derivatives, commodities,
futures, and structured products. BGC provides a wide range of
services, including trade execution, broker-dealer services,
clearing, trade compression, post trade, information, and other
services to a broad range of financial and non-financial
institutions. Through brands including Fenics, BGC Trader,
Capitalab, Lucera, and Fenics Market Data, 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 Partners, Inc. 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, property owners, real estate developers,
and investment firms. BGC's common stock trades on the NASDAQ
Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC
Partners is led by Chairman 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.
About Newmark Group, Inc.
Newmark Group, Inc.
("Newmark Group") is a publicly traded company which, through
subsidiaries, operates as a full-service commercial real estate
services business with a complete suite of services and products
for both owners and occupiers across the entire commercial real
estate industry. Under the Newmark Knight Frank name, the
investor/owner services and products of Newmark Group's
subsidiaries include capital markets (including investment sales),
agency leasing, property management, valuation and advisory,
diligence and underwriting. The company's subsidiaries also offer
government sponsored enterprise lending, loan servicing, debt and
structured finance, and loan sales. Newmark Group's occupier
services and products include tenant representation, global
corporate services, real estate management technology systems,
workplace and occupancy strategy, consulting, project management,
lease administration and facilities management. Newmark Group
enhances these services and products through innovative real estate
technology solutions and data analytics designed to enable its
clients to increase their efficiency and profits by optimizing
their real estate portfolio.
Newmark Group has relationships with many of the world's largest
commercial property owners, real estate developers and investors,
as well as Fortune 500 and Forbes Global 2000 companies. Newmark
Group, which is listed on the NASDAQ Global Select Market under the
symbol "NMRK", is a publicly traded subsidiary of BGC Partners,
Inc. ("BGC"), a leading global brokerage and financial technology
company. BGC's Class A common stock trades on the NASDAQ Global
Select Market under the ticker symbol "BGCP". Newmark is a
trademarks/service marks and/or registered trademarks/service marks
of Newmark Group, Inc. and/or its affiliates. Knight Frank is a
service mark of Knight Frank (Nominees) Limited. Find out more
about Newmark at http://www.ngkf.com/,
https://twitter.com/newmarkkf,
https://www.linkedin.com/company/newmark-knight-frank/, and/or
http://ir.ngkf.com/investors/investors-home/default.aspx.
Discussion of Forward-Looking Statements about BGC and
Newmark
Statements in this document regarding BGC and
Newmark 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. Except as required by law, BGC and
Newmark undertake 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 and Newmark's Securities
and Exchange Commission filings, including, but not limited to, the
risk factors set forth in these filings and any updates to such
risk factors contained in subsequent Forms 10-K, Forms 10-Q or
Forms 8-K.
Media Contact:
Karen
Laureano-Rikardsen
+1 212-829-4975
Investor Contact:
Ujjal Basu
Roy
+1 212-610-2426
Jason McGruder
+1 212-610-2426
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SOURCE BGC Partners, Inc.