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  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.  Logo -    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  To view this news release in HTML formatting, please use the following URL:  CO: BGC Partners, Inc. ST: New York NI: FIN  
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