BGC Partners Granted Swap Execution Facility Approval from the CFTC

BGC Partners Granted Swap Execution Facility Approval from the CFTC 
NEW YORK, Sept. 20, 2013 /CNW/ - BGC Partners, Inc. (NASDAQ:BGCP) ("the 
Company" or "BGC"), a leading global brokerage company servicing the wholesale 
financial and real estate markets, today announced that its subsidiary BGC 
Derivative Markets, L.P.  has received temporary registration approval from 
the U.S. Commodity Futures Trading Commission (CFTC) to operate a Swap 
Execution Facility (SEF). BGC intends to offer trading of regulated swaps from 
October 2 onwards, consistent with the derivatives trading regulations under 
the Dodd-Frank Act. 
"Receiving CFTC approval to operate a SEF marks the next chapter for our 
company and our clients, and is a positive step forward for the marketplace," 
said Shaun D. Lynn, President of BGC. "BGC has utilized the strength of its 
leading proprietary technology and is fully prepared for a new era of 
derivatives transactions. We are excited to offer clients deeper access to 
liquidity, as well as increased transparency in the clearing and execution of 
derivatives trading." 
Capitalizing on its billion dollar-plus investment in its technology platform, 
BGC will provide swap market participants with flexible, tailored approaches 
to electronic execution and clearing of derivatives trades. BGC's technology 
infrastructure includes fully-compliant execution methodologies such as 
anonymous Central Limit Order Book (CLOB), name disclosed Request for Quote 
(RFQ) system, Intra-day Electronic Auctions, Indications of Interest, and 
Voice Managed Orders for Blocks and Non-Blocks. Market participants will be 
able to utilize BGC's platform to segregate US person/non-US person 
transactions on both a graphical user interface (GUI) and application 
programming interface (API) via instrument choice and contra-counterparty 
BGC expects to leverage its longstanding, demonstrated expertise in running 
electronic marketplaces and exchanges to benefit market participants. This 
includes eSpeed, a fully electronic trading platform for U.S. Treasury Notes 
and Bonds that BGC sold to NASDAQ OMX Group, Inc. in June 2013 for $1.234 
billion, and ELX Futures, L.P., the fully regulated electronic futures 
exchange owned by BGC and other leading global market participants. 
For more information about BGC's SEF please visit: 
About BGC Partners, Inc. 
BGC is a leading global brokerage company primarily servicing the wholesale 
financial and real estate markets.  Products include fixed income securities, 
interest rate swaps, foreign exchange, equities, equity derivatives, credit 
derivatives, commercial real estate, commodities, futures, and structured 
products. BGC also provides a wide range of services, including trade 
execution, broker-dealer services, clearing, processing, information, and 
other back-office services to a broad range of financial and non-financial 
institutions.  Through its BGC Trader and BGC Market Data brands, BGC offers 
financial technology solutions, market data, and analytics related to select 
financial instruments and markets.  Through the Newmark Grubb Knight Frank 
brand, the Company offers 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. For more 
information, please visit 
BGC, BGC Trader, Grubb & Ellis, Grubb and Newmark are trademarks and service 
marks of BGC Partners, Inc. and its affiliates.  Knight Frank is a service 
mark of Knight Frank Limited Corp., used with permission. 
Discussion of Forward-Looking Statements by BGC Partners 
Statements in this press release regarding BGC's business that are not 
historical facts are "forward-looking statements" that involve risks and 
uncertainties. 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 the 
Company's public filings, including the most recent Form 10-K and any updates 
to such risk factors contained in subsequent Form 10-Q or Form 8-K filings.

SOURCE  BGC Partners, Inc. 
Media Contacts: Hannah Sloane, +1 212-294-7938, or Sarah Laufer, +1 
212-915-1008; Investor Contact: Jason McGruder, +1 212-829-4988, or Jason 
Chryssicas, 212-915-1987 
To view this news release in HTML formatting, please use the following URL: 
CO: BGC Partners, Inc.
ST: New York
-0- Sep/20/2013 05:00 GMT
Press spacebar to pause and continue. Press esc to stop.