Core Viewpoint - BGC Group, Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2024, along with a quarterly dividend declaration of 2 cents per share [1]. Company Overview - BGC Group, Inc. is a leading global marketplace, data, and financial technology services company, offering a wide range of products including fixed income, foreign exchange, energy, commodities, shipping, equities, and the FMX Futures Exchange [3]. - The company serves a diverse clientele, including major banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms [3]. Recent Developments - BGC has partnered with leading global investment banks and market-making firms to create FMX, which includes a U.S. interest rate futures exchange, a spot foreign exchange platform, and a rapidly growing U.S. cash treasuries platform [4].

Conference call to be hosted at 11:00 a.m. ETNEW YORK, Jan. 22, 2025 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) will announce its fourth quarter 2024 financial results on Friday, February 14, 2025, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 11:00 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 Friday, February 14, 2025, which will be accessible at htt ...

This year started on a strong note in light of initial optimism regarding potential interest cuts by the Federal Reserve, a solid labor market, strong consumer spending and technological developments. Nevertheless, the optimism related to interest rate cuts was tempered by concerns regarding geopolitical tensions in the Middle East and renewed inflation fears. This uncertainty regarding rate cuts led to increased client volatility. Though the Fed has reduced interest rates by 100 basis points since Septembe ...

NEW YORK, Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) today announced Mike Whitaker has joined as Global Chief Information Officer and a member of its Executive Committee. In this newly created role, Mr. Whitaker will be responsible for developing and implementing a cohesive technology strategy across the company, driving innovation and efficiencies to deliver growth.Mr. Whitaker brings more than 40 years' experience in financial services and technology. He joins BGC from Citi, where he spent ...

Sale demonstrates BGC's commitment to unlocking value for shareholders BGC sells Capitalab for $46 million in gross proceeds, representing a revenue multiple of approximately 7.5 times NEW YORK, Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC" or "the Company") today announced the sale of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, to Capitolis, the technology company helping to create safer and more vibrant capital markets. BGC expects to see continued gro ...

Investors prefer to put their money in businesses that reap profits on a regular basis. To gauge the extent of profits, there is no better metric than net profit margin.A higher net margin reflects a company’s efficiency in converting sales into actual profits. StoneX Group Inc. (SNEX) , Universal Technical Institute, Inc. (UTI) , Climb Global Solutions, Inc. (CLMB) and BGC Group, Inc. (BGC) boast solid net profit margins.Net Profit Margin = Net profit/Sales * 100.In simple terms, net profit is the amount a ...

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC") Chairman and Chief Executive Officer Howard W. Lutnick provided the following statement:"I am deeply honored to have been nominated by President Donald J. Trump to serve as the 41st U.S. Secretary of Commerce. I look forward to this new chapter in my life, working for President Trump to promote economic growth, drive innovation, and strengthen our nation's financial security. Upon U.S. Senate confirmation, I will step down from my ...

BGC Group (NASDAQ: BGC ) has improved its growth prospects with recent investments in technology and fully electronic trading solutions. The Fenics business is driving recent growth in the fundamentals, and I expect this trend to continueAmateur value investor seeking bargains in any market, with a specific focus on emerging markets. Admires great investors such as Li Lu and Peter Lynch, and am not afraid to go against the grain. Willing to buy any company at the right price, and is looking for low-risk and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________________ Class A Common Stock, $0.01 par value BGC The Nasdaq Stock Market, LLC FORM 10-Q _________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | |---------------- ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...