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Stock impact report

BGC Authorized as an FCA-Registered Benchmark Administrator

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--BGC Group, Inc. (Nasdaq: BGC) (“BGC”), a leading global brokerage and financial technology company, today announced that BGC Brokers L.P. is now authorized as a U.K. registered benchmark administrator licensee with the U.K. Financial Conduct Authority (“FCA”) under the U.K. Benchmarks Regulation.BGC’s approved benchmark offering includes swaps pricing in EUR IRS, GBP IRS, & XCCY swaps, and EU and U.K. Inflation swaps. This enhancement provides clients with an FCA regulated reference page, improved data quality, and a strong alternative benchmark solution for their issuance activities. This wider range of approved products strengthens our value proposition and ability to support issuance workflows.“BGC is one of the world’s leading interest rate derivatives brokers with a comprehensive benchmark reference page for EUR, GBP swaps, inflation, and cross-currency products, covering the full forward curve,” said Nadim Mourad, Executive Managing Director at BGC. Show less Read more
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