SYDNEY, Sept. 18, 2012 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC"), a leading global brokerage company servicing the wholesale financial markets, today announced that it has been granted license to offer listed Equity Options and Cash Equities products in Australia. BGC's latest product offering, which will launch October 1, 2012, further boosts the firm's range of OTC and listed Equity products in the Asia-Pacific Region.
Mark Spring, Executive Managing Director, Asia said, "I am delighted that we can offer BGC customers an even broader range of products from the Sydney office. We will leverage our existing successes and customer relationships to ensure a solid launch of this new product."
About BGC Partners
BGC Partners, Inc., a leading global brokerage company primarily servicing the wholesale financial and property markets, has over 7,000 employees in New York, London and dozens of cities around the world, and conducts over $200 trillion in financial transactions for customers annually. BGC offers customers over 220 products, including commercial real estate, fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products.
BGC's technology helps customers determine the value of a transaction and execute transactions at the best possible price. BGC's customers include many of the world's largest banks, hedge funds, governments and investment firms. Trades are executed through BGC's brokers, or through its hybrid and fully electronic brokerage services.
BGC, named after fixed income trading innovator B. Gerald Cantor, also offers financial technology solutions, market data, and analytics through its eSpeed, BGC Trader, and BGC Market Data brands, and provides clearing, processing, and other support services. For more information, please visit www.bgcpartners.com.
Discussion of Forward-Looking Statements by BGC Partners
Statements in this press release regarding BGC Partners' business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. 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 Partners' Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors set forth in our public filings, including our most recent Form 10-K and any updates to such risk factors contained in subsequent Form 10-Q or Form 8-K filings.
SOURCE BGC Partners, Inc.