BGC Group completes acquisition of OTC Global Holdings

Acquisition expected to be immediately accretive and generate significant value for clients and shareholders NEW YORK, April 1, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC), a leading global brokerage and financial technology company, announced today it completed its previously announced acquisition of OTC Global Holdings, LP ("OTC"), one of the world's fastest growing energy and commodities brokerage firms, for $325 million in a substantially all-cash transaction. With the integration of OTC's highly ...