BGC 最新10-Q变化

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• BGC and leading global investment banks and market-making firms have partnered to create FMX, part of the BGC group of companies, which includes a U.S. interest rate futures exchange, a cash U.S. Treasuries platform and spot foreign exchange platform.

• FMX includes FMX UST, the world’s fastest growing cash U.S. Treasuries marketplace, FMX Futures Exchange, a U.S. interest rate future exchange, and FMX FX, a spot foreign exchange platform. FMX is challenging the CME’s leading position in U.S. interest rate futures, cash U.S. Treasuries and spot for…

• Fenics Growth Platforms revenue grew to $30.2 million in the first quarter of 2026, primarily driven by FMX, PortfolioMatch, and Lucera.

• •FMX UST generated record quarterly ADV of $89.7 billion, 51% higher compared to last year. FMX UST grew its first-quarter central limit order book market share to 41%, up from 39% last quarter and 33% a year ago. In March, ADV reached $107.0 billion, the highest monthly ADV in FMX UST’s history.

• •FMX Futures Exchange delivered another quarter of significant growth. SOFR ADV climbed to more than 39,000 contracts in the first quarter of 2026, up from 2,200 contracts from a year ago, while quarter-end open interest reached approximately 143,000 contracts, compared to 8,000 in the prior year pe…

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• On July 1, 2023, pursuant to the Corporate Conversion Agreement, BGC Partners completed the Corporate Conversion from an Umbrella Partnership C-Corporation to a Full C-Corporation in order to reorganize and simplify its organizational structure. As a result of the Corporate Conversion, BGC Group bec…

• The Corporate Conversion was made pursuant to the Corporate Conversion Agreement which was approved by the Board of Directors of BGC Partners, at the recommendation of the Joint Committee, composed of the Audit Committee and Compensation Committee sitting jointly. The Joint Committee was advised by …

• The Corporate Conversion was effected pursuant to the terms of the Corporate Conversion Agreement dated as of November 15, 2022 by and among BGC Group, BGC Partners, BGC Holdings, BGC GP, LLC, a Delaware limited liability company and general partner of BGC Holdings, BGC Partners II, Inc., a Delaware…

• Effective as of 12:01 a.m., Eastern Time, on July 1, 2023, BGC Holdings reorganized from a Delaware limited partnership into a Delaware limited liability company through a merger with and into Holdings Merger Sub, with Holdings Merger Sub continuing as a direct subsidiary of BGC Partners. Effective …

• Merger Sub 1 merged with and into BGC Partners, with BGC Partners continuing as a direct subsidiary of BGC Group. At the same time, Merger Sub 2 merged with and into Holdings Merger Sub, with Holdings Merger Sub continuing as a subsidiary of BGC Group. As a result of the Corporate Conversion Mergers…

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• AIArtificial Intelligence; technology that uses data‑driven models to perform tasks requiring human‑like analysis, output generation, or decision‑making

• AMCOMAmerican Commodities Brokerage Company, which specializes in the trading of agricultural commodities associated with food and alternative fuel feedstocks, of which BGC Group acquired certain employees and net assets on December 31, 2025

• AmericasUnited States and other countries included in North America and South America

• BGC Class A common stock or our Class A common stockBGC Class A common stock, par value $0.01 per share

• BGC Class B common stock or our Class B common stockBGC Class B common stock, par value $0.01 per share

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• Except as otherwise indicated or the context otherwise requires, as used herein, the terms “BGC,” the “Company,” “we,” “our,” and “us” refer to: (i) following the closing of the Corporate Conversion, effective July 1, 2023, BGC Group and its consolidated subsidiaries, including BGC Partners; and (ii…

• Adjusted EarningsA non-GAAP financial measure used by the Company to evaluate financial performance, which primarily excludes (i) certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash and do not dilute existing stockholders, and (ii) certain gains and …

• United States and other countries included in North America and South America

• CEO Program sales agreement, by and between BGC Partners and CF&Co, dated August 12, 2022, pursuant to which the Company could offer and sell up to an aggregate of $300.0 million of shares of BGC Class A common stock. This agreement was assumed by BGC Group and amended and restated as the July 2023 …

• $347.2 million principal amount of 8.000% senior notes maturing on May 25, 2028 and issued on October 6, 2023 in connection with the Exchange Offer

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• AIArtificial Intelligence; technology that uses data‑driven models to perform tasks requiring human‑like analysis, output generation, or decision‑making

• AMCOMAmerican Commodities Brokerage Company, which specializes in the trading of agricultural commodities associated with food and alternative fuel feedstocks, of which BGC Group acquired certain employees and net assets on December 31, 2025

• AmericasUnited States and other countries included in North America and South America

• BGC Class A common stock or our Class A common stockBGC Class A common stock, par value $0.01 per share

• BGC Class B common stock or our Class B common stockBGC Class B common stock, par value $0.01 per share

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• Except as otherwise indicated or the context otherwise requires, as used herein, the terms “BGC,” the “Company,” “we,” “our,” and “us” refer to: (i) following the closing of the Corporate Conversion, effective July 1, 2023, BGC Group and its consolidated subsidiaries, including BGC Partners; and (ii…

• Adjusted EarningsA non-GAAP financial measure used by the Company to evaluate financial performance, which primarily excludes (i) certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash and do not dilute existing stockholders, and (ii) certain gains and …

• United States and other countries included in North America and South America

• CEO Program sales agreement, by and between BGC Partners and CF&Co, dated August 12, 2022, pursuant to which the Company could offer and sell up to an aggregate of $300.0 million of shares of BGC Class A common stock. This agreement was assumed by BGC Group and amended and restated as the July 2023 …

• $347.2 million principal amount of 8.000% senior notes maturing on May 25, 2028 and issued on October 6, 2023 in connection with the Exchange Offer

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• AIArtificial Intelligence; technology that uses data‑driven models to perform tasks requiring human‑like analysis, output generation, or decision‑making

• AMCOMAmerican Commodities Brokerage Company, which specializes in the trading of agricultural commodities associated with food and alternative fuel feedstocks, of which BGC Group acquired certain employees and net assets on December 31, 2025

• AmericasUnited States and other countries included in North America and South America

• BGC Class A common stock or our Class A common stockBGC Class A common stock, par value $0.01 per share

• BGC Class B common stock or our Class B common stockBGC Class B common stock, par value $0.01 per share

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• Except as otherwise indicated or the context otherwise requires, as used herein, the terms “BGC,” the “Company,” “we,” “our,” and “us” refer to: (i) following the closing of the Corporate Conversion, effective July 1, 2023, BGC Group and its consolidated subsidiaries, including BGC Partners; and (ii…

• Adjusted EarningsA non-GAAP financial measure used by the Company to evaluate financial performance, which primarily excludes (i) certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash and do not dilute existing stockholders, and (ii) certain gains and …

• United States and other countries included in North America and South America

• CEO Program sales agreement, by and between BGC Partners and CF&Co, dated August 12, 2022, pursuant to which the Company could offer and sell up to an aggregate of $300.0 million of shares of BGC Class A common stock. This agreement was assumed by BGC Group and amended and restated as the July 2023 …

• $347.2 million principal amount of 8.000% senior notes maturing on May 25, 2028 and issued on October 6, 2023 in connection with the Exchange Offer

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• AIArtificial Intelligence; technology that uses data‑driven models to perform tasks requiring human‑like analysis, output generation, or decision‑making

• AMCOMAmerican Commodities Brokerage Company, which specializes in the trading of agricultural commodities associated with food and alternative fuel feedstocks, of which BGC Group acquired certain employees and net assets on December 31, 2025

• AmericasUnited States and other countries included in North America and South America

• BGC Class A common stock or our Class A common stockBGC Class A common stock, par value $0.01 per share

• BGC Class B common stock or our Class B common stockBGC Class B common stock, par value $0.01 per share

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• Except as otherwise indicated or the context otherwise requires, as used herein, the terms “BGC,” the “Company,” “we,” “our,” and “us” refer to: (i) following the closing of the Corporate Conversion, effective July 1, 2023, BGC Group and its consolidated subsidiaries, including BGC Partners; and (ii…

• Adjusted EarningsA non-GAAP financial measure used by the Company to evaluate financial performance, which primarily excludes (i) certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash and do not dilute existing stockholders, and (ii) certain gains and …

• United States and other countries included in North America and South America

• CEO Program sales agreement, by and between BGC Partners and CF&Co, dated August 12, 2022, pursuant to which the Company could offer and sell up to an aggregate of $300.0 million of shares of BGC Class A common stock. This agreement was assumed by BGC Group and amended and restated as the July 2023 …

• $347.2 million principal amount of 8.000% senior notes maturing on May 25, 2028 and issued on October 6, 2023 in connection with the Exchange Offer

相对上期新增的文字 · 来源:10-Q · 2026-05-11

• AIArtificial Intelligence; technology that uses data‑driven models to perform tasks requiring human‑like analysis, output generation, or decision‑making

• AMCOMAmerican Commodities Brokerage Company, which specializes in the trading of agricultural commodities associated with food and alternative fuel feedstocks, of which BGC Group acquired certain employees and net assets on December 31, 2025

• AmericasUnited States and other countries included in North America and South America

• BGC Class A common stock or our Class A common stockBGC Class A common stock, par value $0.01 per share

• BGC Class B common stock or our Class B common stockBGC Class B common stock, par value $0.01 per share

相对上期删除的文字 · 来源:10-Q · 2025-11-10

• Except as otherwise indicated or the context otherwise requires, as used herein, the terms “BGC,” the “Company,” “we,” “our,” and “us” refer to: (i) following the closing of the Corporate Conversion, effective July 1, 2023, BGC Group and its consolidated subsidiaries, including BGC Partners; and (ii…

• Adjusted EarningsA non-GAAP financial measure used by the Company to evaluate financial performance, which primarily excludes (i) certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash and do not dilute existing stockholders, and (ii) certain gains and …

• United States and other countries included in North America and South America

• CEO Program sales agreement, by and between BGC Partners and CF&Co, dated August 12, 2022, pursuant to which the Company could offer and sell up to an aggregate of $300.0 million of shares of BGC Class A common stock. This agreement was assumed by BGC Group and amended and restated as the July 2023 …

• $347.2 million principal amount of 8.000% senior notes maturing on May 25, 2028 and issued on October 6, 2023 in connection with the Exchange Offer