|Bid||0.00 x 1800|
|Ask||0.00 x 4000|
|Day's Range||4.99 - 5.10|
|52 Week Range||4.46 - 8.14|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||9.73|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||0.56 (10.95%)|
|1y Target Est||8.50|
BGC Partners (BGCP) delivered earnings and revenue surprises of -5.56% and 0.22%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
BGC Declares Quarterly Dividend Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK , July 25, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," ...
LONDON , July 24, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP), today announced the introduction of Fenics Global Options ("Fenics GO") a pioneering electronic trading and market data ...
(Bloomberg) -- BGC Partners Inc., the world’s second-biggest interdealer broker, has started an electronic trading platform for futures and options in collaboration with market makers Optiver BV, IMC Trading BV and Maven Securities Holding Ltd.Brokers from BGC’s fiercest rivals -- TP ICAP Plc and Cie Financiere Tradition SA -- will be able to use the platform, known as Fenics Global Options, according to BGC President Shaun Lynn. The platform is designed for large block trades and will kick off with Euro Stoxx 50 Index options, he said.“It has taken us years to put this together,’’ Lynn said in an interview. “It’s driven by clients looking for reduced cost, transparency and speed of execution. This platform does all of that with tighter spreads -- and they own a piece.’’Markets traditionally dominated by over-the-counter deals done directly between two parties, such as fixed income and derivatives, are turning to electronic trading to streamline the process and increase the volume of transactions. In 2018, more than 273 million Euro Stoxx options contracts were traded, according to Eurex data.Voice BrokingThe plan is for the platform to add major global indexes such as the Nikkei 225, as well as other asset classes like fixed-income options, according to Dean Berry, global head of electronic and hybrid markets at Fenics, a unit of BGC. The company announced the new platform in a statement on Wednesday.Market makers such as Optiver currently field voice calls from brokers requesting prices. That will now take place electronically, saving the brokers time.“You have voice broking and exchange trading, and the real jewel is somewhere in the middle of that,’’ Berry said. “There will always be a place for voice brokers; it could be that some convert to become electronic traders.’’The move comes as a smaller upstart firms such as WeMatch Live take aim at the broker market by trying to eliminate middlemen altogether, allowing banks to convene on a platform to match their own trades.To contact the reporter on this story: Viren Vaghela in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Ambereen Choudhury at email@example.com, Patrick Henry, Will HadfieldFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
BGC Partners (BGCP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BGC Partners, Inc. (NASDAQ:BGCP) shareholders should be happy to see the share price up 12% in the last month. But...
Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK , July 9, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC"), a leading global brokerage and financial technology ...
This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States ("GAAP"). All non-GAAP results discussed herein are comparable to and reconciled with the most directly comparable GAAP figures from BGC's continuing operations. BGC has changed the GAAP line item formerly known as "Allocations of net income and grant of exchangeability to limited partnership units and FPUs and issuance of common stock" to "Equity-based compensation and allocations of net income to limited partnership units and FPUs" in the Company's condensed consolidated statements of operations.
LONDON , June 26, 2019 /PRNewswire/ -- Capitalab, a division of BGC Brokers LP, an entity within the BGC Partners, Inc. (NASDAQ: BGCP) group of companies, today announced in collaboration with Singapore ...
Insider Monkey has processed numerous 13F filings of hedge funds and successful investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find write-ups about an individual hedge fund's trades on numerous financial news […]
BGC Partners Inc NASDAQ/NGS:BGCPView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for BGCP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting BGCP. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BGCP are favorable, with net inflows of $2.22 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
To be held on Tuesday, June 25, 2019 at 10:00 a.m. ET Webcast available for investors NEW YORK , May 29, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" ...
BGC Partners, Inc. (NASDAQ:BGCP), which is in the capital markets business, and is based in United States, received a...
Jim Cramer said on CNBC's "Mad Money Lightning Round" he doesn't like the auto stocks, except for Ford Motor Company (NYSE: F ). He also thinks Honda Motor (NYSE: HMC ) has a good story and ...
Webcast Available for Investors NEW YORK , May 22, 2019 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or "the Company"), a leading global brokerage ...