BGC Group Announces Agreement to Sell kACE Financial to smartTrade Technologies SAS
BGC Group, Inc. - Class A (BGC)
Last bgc group, inc. - class a earnings: 8/2 04:20 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.generalcable.com/phoenix.zhtml?c=81254&p=irol-irhome
Company Research
Source: Business Wire
Transaction valued at up to $119 million and demonstrates BGC’s ongoing commitment to unlock value for shareholders NEW YORK--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) (“BGC” or “the Company”) today announced that it has entered into a definitive agreement to sell the business of kACE Financial (“kACE”), a leading provider of real-time pricing and advanced analytics platforms for complex FX derivatives, to smartTrade Technologies SAS (“smartTrade”), a global leader in multi-asset electronic trading and payments solutions.Under the terms of the deal, kACE is valued up to $119 million, subject to limited post-closing adjustments. This includes an initial payment of $80 million, with up to an additional $39 million in contingent cash consideration based on defined performance metrics some of which is expected to be received in 2026.“We are proud of the FX options pricing and analytics franchise the kACE team has developed within BGC,” said Sean Windeatt, Co-CEO of BGC Group. “Thi
Show less
Read more
Impact Snapshot
Event Time:
BGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BGC alerts
High impacting BGC Group, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
BGC
News
- 2 Growth Stocks to Stash and 1 We Ignore [Yahoo! Finance]Yahoo! Finance
- Where To Eat In London On Christmas Day—21 Great Choices [Forbes]Forbes
- Where To Eat In London On Christmas Day: 21 Top Choices [Forbes]Forbes
- New photo released to mark King Charles III's 77th birthday [CNN]CNN
- New photo released to mark King Charles III's 77th birthday [CNN]CNN
BGC
Earnings
- 11/6/25 - Beat
BGC
Sec Filings
- 11/14/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 4
- BGC's page on the SEC website