BGC Partners Announces Close Of Acquisition Of Mexican Inter-Dealer Broker
Remate Lince, S.A.P.I. de C.V.
NEW YORK, May 12, 2014
NEW YORK, May 12, 2014 /PRNewswire/ --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 it has completed its
previously announced intended acquisition of Remate Lince, S.A.P.I. de C.V.
("Remate"), one of Mexico's leading inter-dealer brokers.
BGC Partners, Inc. logo.
About Remate Lince, S.A.P.I. de C.V.
Established in 1997, Remate is one of Mexico's top inter-dealer brokers.
Located in Mexico City and New York, Remate has a strong focus on financial
instruments available in, or linked to, Mexican Pesos. Its Pesos bonds
division brokers Government, Agencies and Corporate fixed, floating and
inflation-related bonds, including Repos. Its Derivatives division brokers
Interest Rate Swaps, Forward Foreign Exchange and other Peso-related
derivatives. In addition, Remate offers customers a Spot Foreign Exchange
voice brokerage service.
About BGC Partners, Inc.
BGC Partners is a leading global brokerage company servicing the 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 NGKF 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.
Logo - http://photos.prnewswire.com/prnh/20110720/MM38935LOGO
SOURCE BGC Partners, Inc.
Contact: Media Contacts: Hannah Sloane, +1 212-294-7938, or Sarah Laufer, +1
212-915-1008; or Investor Contact: Jason McGruder, +1 212-829-4988, or Jason
Chryssicas, +1 212-915-1987
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