NEW YORK, Oct. 10, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, today announced it recently acquired Sage Energy Partners, LP ("Sage"), an energy and environmental brokerage firm. This acquisition will expand BGC's energy brokerage services in the U.S. and support BGC's global growth efforts across its Energy, Commodities, and Shipping ("ECS") business. The firm's ECS business has rapidly become the firm's second largest global asset class. ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the s ...

Conference call to be hosted at 10:00 a.m. ET NEW YORK, Oct. 7, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at approximately 8:00 a.m. ET on Thursday, October 31, 2024, which will be accessible at h ...

NEW YORK, Sept. 30, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), today announced that it has updated its outlook for the quarter ending September 30, 2024. Updated Outlook BGC expects to be around the high-end of its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the third quarter of 2024. The Company's outlook was contained in BGC's financial results press release issued on July 30, 2024, which can be found at http://ir.bgcg.com. Non-GAAP Financial Measures The non-GA ...

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced that it had extended its offer (the "exchange offer") to exchange up to $500 million aggregate principal amount of its outstanding 6.600% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 6.600% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes"). An aggregate principal amount of $500 million of Old Notes was issued and sold by ...

Exchange launches with SOFR futures NEW YORK, Sept. 24, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and ten of the world's leading investment banks and market-making firms today announced the successful launch of the highly anticipated FMX Futures Exchange. The exchange is now open for trading SOFR futures, the largest notional futures contract in the world, and will add U.S. treasury futures in the first quarter of 2025. BGC Group LogoBGC Group Logo "We are excited to introduce real competition to t ...

NEW YORK, Sept. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) and 10 of the world's leading investment banks and market-making firms today announced they will launch the highly anticipated FMX Futures Exchange ("FMX"), an exchange for U.S. interest rate futures, the most widely traded futures contracts in the world, on Monday, September 23, 2024 at 9:00 p.m. ET., which represents the beginning of the trade date Tuesday, September 24, 2024. FMX will initially launch with SOFR futures and will add U. ...

Webcast Available for Investors NEW YORK, Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced that its Chairman and CEO, Howard W. Lutnick, is scheduled to present at the Barclays 22nd Annual Global Financial Services Conference at 9:00 a.m. ET on Monday, September 9, 2024. A live webcast of the event will be made available at http://ir.bgcg.com. A replay of the event will also be made available at the same site for a period of 180 days after the conference. Statements made during th ...

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or the "Company") today announced an offer to exchange up to $500 million aggregate principal amount of its outstanding 6.600% Senior Notes due 2029 (the "Old Notes") for an equivalent amount of its 6.600% Senior Notes due 2029 registered under the Securities Act of 1933, as amended (the "Exchange Notes"). $500 million aggregate principal amount of Old Notes were issued and sold by the Company in June 2024 in a private offering. Th ...

To be held on Monday, September 16, 2024, at 10:00 a.m. ET NEW YORK, Aug. 13, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced details on its annual meeting of stockholders, which will be held virtually at 10:00 a.m. ET on Monday, September 16, 2024. A live audio webcast of the virtual shareholders meeting will be available at http://ir.bgcg.com or directly at www.virtualshareholdermeeting.com/BGC2024. The webcast archive will be available for 365 days, beginning September 16, 2024. Statem ...