BGC Partners Receives Approval to Broker FX Options in China

NEW YORK, May 6, 2014 /CNW/ - BGC Partners, Inc. (NASDAQ: BGCP) ("the Company" 
or "BGC"), a leading global brokerage company servicing the financial and real 
estate markets, today announced that China Credit BGC Money Broking Company 
Limited ("CCTBGC"), its joint venture with China Credit Trust Co. Ltd., has 
been granted a license by the State Administration of Foreign Exchange 
("SAFE") to broker FX options to the interbank market in China. 
CCTBGC was established in 2009. The following year it became the first 
Sino-foreign joint venture inter-dealer broking company to be granted a 
business license by the China Banking Regulatory Commission to operate in 
Beijing and has since offered interest rate swaps, bonds, interbank cash 
deposit products and FX forwards to Chinese and foreign banks in China. 
"I am delighted that BGC has received its license to broker FX options in 
China," commented Daniel M. LaVecchia, Executive Managing Director, North 
America and Global Head of FX Products. He continued: "Since commencing 
brokering of FX options at the end of March we have seen strong interest and 
demand from our valued clients. The addition of FX options to BGC's suite of 
products means we are well placed to meet the needs of the marketplace in 
China through an extended and comprehensive array of FX products." 
"We are pleased the marketplace has responded swiftly and positively to our 
joint venture, largely due to the application of our world-class technology as 
well as our deep access to liquidity," commented Shaun D. Lynn, President of 
BGC. "Our ability to now offer FX options in addition to other financial 
instruments is being welcomed by our clients, further strengthening our 
position in the market and underscoring BGC's commitment to China and the 
Asia-Pacific region." 
About BGC Partners, Inc. 
BGC Partners (NASDAQ: BGCP) is a leading global brokerage company servicing 
the financial and real estate markets. BGC's 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 numerous 
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 www.bgcpartners.com. 
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. 
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SOURCE  BGC Partners, Inc. 
BGC Media Contacts: Hannah Sloane, +1 212-294-7938 or Sarah Laufer, +1 
212-915-1008; BGC Investor Contacts: Jason McGruder, +1 212-829-4988 or Jason 
Chryssicas, +1 212-915-1987 
http://www.bgcpartners.com 
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CO: BGC Partners, Inc.
ST: New York
NI: FIN  
-0- May/06/2014 23:01 GMT
 
 
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