LONDON – July 19, 2016 – BGC Partners, Inc. (NASDAQ: BGCP) (“BGC Partners,” “BGC,” or “the Company”) a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into an agreement[1] to acquire the businesses of Sunrise Brokers Group (“Sunrise Brokers”), an independent financial brokerage with a leading reputation in worldwide equity derivatives.
“This transaction enables us to further expand our equity derivatives offering and complements our existing financial services business,” said Shaun D. Lynn, President, BGC Partners. “As a recognized leader in its market segments, Sunrise Brokers is clearly a valuable addition to the BGC family of brands.” In 2015, Sunrise Brokers was voted overall Number One Equity Products Broker of the Year by Risk magazine for the ninth year running and Number One Equity Exotic Derivatives for the thirteenth year running.
Details of the transaction were not disclosed, and completion of the transaction is subject to legal and regulatory approvals and certain closing conditions. Sunrise Brokers generated consolidated revenues of approximately $90 million in the financial year ending December 31, 2015.
About BGC Partners, Inc.:
BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets. The Company’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, and BGC Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, Landauer Valuation & Advisory, and Excess Space. Under these names, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management.
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 also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com.
BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, and Grubb are trademarks, registered trademarks and/or service marks of BGC Partners, Inc. and/or its affiliates. Knight Frank is a service mark of Knight Frank (Nominees) Limited.
About Sunrise Brokers:
Founded in 1991, Sunrise Brokers offers broking services across equity, credit, FX, hybrid and commodity derivative asset classes. Sunrise Brokers was voted as overall number one Equity Products Broker for the ninth consecutive year by Risk magazine in 2015. The firm covers its markets globally from its offices in London, New York and Hong Kong. Sunrise Brokers LLP is Authorized and Regulated in the United Kingdom by the Financial Conduct Authority. Sunrise Brokers (Hong Kong) Ltd is licensed in Hong Kong by the Securities and Futures Commission. Sunrise Brokers LLC is a FINRA Member Firm in the USA. Please see http://www.sunrisebrokers.com for more information.
Discussion of Forward-Looking Statements about BGC Partners
Statements in this document regarding BGC’s businesses that are not historical facts are “forward-looking statements” that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to release any revisions to 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 Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in its public filings, including the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K.
Thursday, August 25, 2016
Sunday, August 21, 2016
Careers at BGC Partners Limited Tokyo
Our Employees are central to BGC’s business strategy and recruiting and retaining top tier talent is vital to our success and the reputation of our brand.
Our dynamic, fast paced global business provides a challenging career opportunity for both graduates and experienced financial markets employees looking for rapid career progression. Our flat structure and meritocratic approach enable our people to really make their mark and gain maximum exposure across the business.
If you are looking for a unique employment experience, then we are the employer for you. BGC Partners Limited Tokyo is actively recruiting for a diverse range of opportunities. BGC Partners Limited Tokyo offer competitive pay/benefits packages and a work environment committed to professional growth. BGC and its affiliates are equal opportunity employers.
Our dynamic, fast paced global business provides a challenging career opportunity for both graduates and experienced financial markets employees looking for rapid career progression. Our flat structure and meritocratic approach enable our people to really make their mark and gain maximum exposure across the business.
If you are looking for a unique employment experience, then we are the employer for you. BGC Partners Limited Tokyo is actively recruiting for a diverse range of opportunities. BGC Partners Limited Tokyo offer competitive pay/benefits packages and a work environment committed to professional growth. BGC and its affiliates are equal opportunity employers.
Wednesday, August 17, 2016
Bacall Development: How to find a good commercial property
There are a lot of things to consider when you're looking for a commercial property. Finding the perfect property for your business can be difficult, so Bacall Development advise you to keep reading to help you search for the right one.
Location can set a great difference to the kind of business you own. Not every business rely on location for the success of their business. If you depend on customer contact in a retail setting, then be in a place that is accessible to your customers because it could affect the success (or failure) of your business.
You may choose a location that offers a peaceful environment if you don't see clients that much. Your staff will be more focused to do their tasks with serene surroundings. Creating a home office is also advisable to save on operating costs and provide potential tax savings if you're not expecting visits from your customers and don't have any employees in site.
Size is also an important factor to consider, based on reviews gathered by Bacall Development and its associates. See to it that the property fits perfectly to the kind of business you have. To avoid added expenses because of retrofitting, make sure that the place has been outfitted with wiring to complement your communication and electrical needs. You should know the zoning ordinances of the place as well.
Even though the location has high rent but is accessible to your potential customers and meets the needs of your business, then it is perfect for the growth of your enterprise. It's good for a retail business owner to place its business near similar businesses according to reviews. Ensure that the property offers comfort and safety to your customers.
You can find affordable properties through courthouses and get a list of business closings or property foreclosures. Consider different alternatives as well such as buying a lot and have control over the construction and design, leasing a build-to-suit, and renting an existing space.
Consulting a real estate broker can help you find a commercial property and lessen your options. If there are places that interest you, better visit them in person to assess some issues that may affect your business such as competition, traffic, and overall convenience.
But if you're not the type that likes to go in different places by foot, you can search available properties online through real estate websites. Bacall Development wants you to act quickly in case you already found the right one for you and your business because a good commercial property does not stay available for long.
Location can set a great difference to the kind of business you own. Not every business rely on location for the success of their business. If you depend on customer contact in a retail setting, then be in a place that is accessible to your customers because it could affect the success (or failure) of your business.
You may choose a location that offers a peaceful environment if you don't see clients that much. Your staff will be more focused to do their tasks with serene surroundings. Creating a home office is also advisable to save on operating costs and provide potential tax savings if you're not expecting visits from your customers and don't have any employees in site.
Size is also an important factor to consider, based on reviews gathered by Bacall Development and its associates. See to it that the property fits perfectly to the kind of business you have. To avoid added expenses because of retrofitting, make sure that the place has been outfitted with wiring to complement your communication and electrical needs. You should know the zoning ordinances of the place as well.
Even though the location has high rent but is accessible to your potential customers and meets the needs of your business, then it is perfect for the growth of your enterprise. It's good for a retail business owner to place its business near similar businesses according to reviews. Ensure that the property offers comfort and safety to your customers.
You can find affordable properties through courthouses and get a list of business closings or property foreclosures. Consider different alternatives as well such as buying a lot and have control over the construction and design, leasing a build-to-suit, and renting an existing space.
Consulting a real estate broker can help you find a commercial property and lessen your options. If there are places that interest you, better visit them in person to assess some issues that may affect your business such as competition, traffic, and overall convenience.
But if you're not the type that likes to go in different places by foot, you can search available properties online through real estate websites. Bacall Development wants you to act quickly in case you already found the right one for you and your business because a good commercial property does not stay available for long.
Sunday, August 14, 2016
Singapore Huxley Associates International Financial: The perfect match - why job hunting is like dating
Looking for a career match this
Valentine's? Play the job hunting game like you do the dating one and the
perfect match could be just around the corner.
Finding the right job (or the right
candidate) is a lot like playing the dating game – first impressions count, and
we all have things on our ‘deal-breaker’ list. Read on for our tips on how to
find the perfect match this Valentine’s Day (and beyond!)…
Know what you want in a potential partner? Make a
list of deal-breaker criteria when sizing up possible suitors, to ensure you
don't get carried away by the thrill of the chase.
Quick fling or long-term togetherness? - Do you want your next
career move to be 'the one', or is forever for later?
Cast your net wider – think outside the box about what will give you job
satisfaction and fulfilment. The perfect match could be in the least
expected of places, or your skills could be well suited to a role you never
considered before.
Be honest with yourself and them – if a job isn't going to make you
happy - be it at application stage, interview or beyond – avoid staying in the
relationship for the sake of it.
Pursue happiness, not just material gain – it's
just not about making others jealous or commanding a huge salary for the sake
of it. What's truly going to make you relish getting up every morning?
Don't judge by appearances – the best looking organisations
aren't necessarily the most wonderful work for, or might not be a good fit for
you, so be sure to look beneath the surface.
Presentation is everything - first impressions count, so make
sure your online profile, CV and covering letters send out the right messages.
Likewise, think carefully about the signals you're giving off at interview,
with everything from what you wear to how you sit and the answers you give.
Don't rush into things – accepting the advances of the
first recruiter or business that pays you some attention is a recipe for
disaster. Think things through before you take the plunge and leap in head
first.
Play hard to get – you've aced the interview and clinched the job, so
now it's time to lay down a few ground rules. Ensure the rules of engagement
are on your side when negotiating your salary and package.
Make sure there's chemistry – having a connection and similar
values are important in all relationships, personal and professional.
Remember, it's not all about you – ask questions, listen carefully
and take a genuine interest in what your match has to say. Think of it as
professional flirting.
Be selective yet realistic – pickiness is essential when
sourcing potential partners but remember that nobody's perfect.
Plenty more fish in the sea – rejection can hurt but don't let
it affect your self-worth. Keep your search focused, be proactive, network and
follow up all potential leads in a timely fashion and your career soul mate
will come along sooner or later.
Tuesday, August 2, 2016
Simple Investment Tips for Women
“A woman’s best protection is a little money of her own.” - Clare Boothe Luce
Majority of women are independent individuals; thus they take charge of their money and manage their own financial stress. However, if you’re having a hard time doing so, online financial blog prepared some simple and easy tips on how to handle investment and your personal finance.
Apparently, every woman in the world doesn’t want to get widowed or divorced; however, the possibility is there. You should always be prepared and learn to do everything yourself, especially handling your money. You should have a deeper understanding of financial investment because you don’t want to get into trouble with your personal finances, right? Everyone wants to reach her financial goals. It’ll be better to take charge of your money and make wise investment decisions at an early age. If you don’t have sufficient knowledge about personal finances, it’s only natural that you’ll fear investing money, plus the fact that you don’t want to make the wrong investment decisions.
If the economy is unstable, a lot of investors get worried about their financial funds. However, when it comes to money management, women are usually more emotional than men.
Studying each financial investment should be your first assignment. You should keep your worries and fears at bay. You can’t made the right financial decisions if you don’t understand the financial figures. In order to eradicate emotions from a decision and be more logical, it’s really important to understand your personal finances.
Your second assignment will be determining your financial growth and progress. Focus on how far you’ve come instead of taking a look at where you want to be. Each year, make your own 3 to 5 financial goals, and at the end of the year, check to see if you’re still taking charge of your money. Your financial goals may include a raise or job promotion; increase your 401k contribution by 1% or lower your budget and save more. Each financial success is worth celebrating, just do your best and trust yourself.
For your last assignment, identify where you would like to go financially. But first you should know how much money you have. Some women have no idea what they actually have for investments. A financial planner can be a huge help to you, and if you’re working with one, allow her to explain your investments until you understand them, regardless how long it takes. You need to understand what you’re paying for the investment; so always ask about the fees. If you do necessary research and understand them, you can manage your own investments very well. Research each fund on the web to make sure you’re choosing the best money management possible when you’re deciding your 401k allocation. Evaluating your time frame, financial need and investment risk tolerance are the basics of a solid financial plan.
Some women just need a little push to discover what they’re capable of. Remember that having negative thoughts will only consume that little light of hope in your heart. You just need to understand the facts, your goals, the time-schedule, and your risk tolerance. You can establish a better plan if you have a deeper understanding on those things, and you’ll be in a better shape than you think. Move forward and reach your financial goals using this knowledge.
Everyone is facing money stress, not just women. Financial disorder also makes even the experts wonder if their strategies are sustainable. Cope with the changes in the market and your new financial reality by developing a careful financial plan. This will put you ahead of the pack.
Majority of women are independent individuals; thus they take charge of their money and manage their own financial stress. However, if you’re having a hard time doing so, online financial blog prepared some simple and easy tips on how to handle investment and your personal finance.
Apparently, every woman in the world doesn’t want to get widowed or divorced; however, the possibility is there. You should always be prepared and learn to do everything yourself, especially handling your money. You should have a deeper understanding of financial investment because you don’t want to get into trouble with your personal finances, right? Everyone wants to reach her financial goals. It’ll be better to take charge of your money and make wise investment decisions at an early age. If you don’t have sufficient knowledge about personal finances, it’s only natural that you’ll fear investing money, plus the fact that you don’t want to make the wrong investment decisions.
If the economy is unstable, a lot of investors get worried about their financial funds. However, when it comes to money management, women are usually more emotional than men.
Studying each financial investment should be your first assignment. You should keep your worries and fears at bay. You can’t made the right financial decisions if you don’t understand the financial figures. In order to eradicate emotions from a decision and be more logical, it’s really important to understand your personal finances.
Your second assignment will be determining your financial growth and progress. Focus on how far you’ve come instead of taking a look at where you want to be. Each year, make your own 3 to 5 financial goals, and at the end of the year, check to see if you’re still taking charge of your money. Your financial goals may include a raise or job promotion; increase your 401k contribution by 1% or lower your budget and save more. Each financial success is worth celebrating, just do your best and trust yourself.
For your last assignment, identify where you would like to go financially. But first you should know how much money you have. Some women have no idea what they actually have for investments. A financial planner can be a huge help to you, and if you’re working with one, allow her to explain your investments until you understand them, regardless how long it takes. You need to understand what you’re paying for the investment; so always ask about the fees. If you do necessary research and understand them, you can manage your own investments very well. Research each fund on the web to make sure you’re choosing the best money management possible when you’re deciding your 401k allocation. Evaluating your time frame, financial need and investment risk tolerance are the basics of a solid financial plan.
Some women just need a little push to discover what they’re capable of. Remember that having negative thoughts will only consume that little light of hope in your heart. You just need to understand the facts, your goals, the time-schedule, and your risk tolerance. You can establish a better plan if you have a deeper understanding on those things, and you’ll be in a better shape than you think. Move forward and reach your financial goals using this knowledge.
Everyone is facing money stress, not just women. Financial disorder also makes even the experts wonder if their strategies are sustainable. Cope with the changes in the market and your new financial reality by developing a careful financial plan. This will put you ahead of the pack.
Subscribe to:
Posts (Atom)