Bgc Partners, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 04, 2021 at 08:29 am EDT
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BGC Partners, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 512.450 million compared to USD 519.088 million a year ago. Net income was USD 18.169 million compared to USD 27.919 million a year ago. For the half year, total revenue was USD 1,080.026 million compared to USD 1,122.255 million a year ago. Net income was USD 61.260 million compared to USD 41.593 million a year ago.
BGC Group, Inc. is a global brokerage and financial technology company servicing the financial markets. The Company, through its affiliates, specializes in the brokerage of a range of products, including fixed income, foreign exchange, equities, energy and commodities, shipping, and futures. It also provides a variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a range of financial and non-financial institutions. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, KACE and Lucera, it offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. It serves banks, broker-dealers, investment banks, trading firms, hedge funds, governments and corporations.