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Stock Market & Financial Investment News

News Breaks
January 16, 2013
05:26 EDTBGCPBGC France Holdings acquires Ginalfi Finance, terms not disclosed
BGC France Holdings, a subsidiary of BGC Partners announced that it has acquired Ginalfi Finance, an interdealer broker based in Paris. Financial terms were not disclosed.
News For BGCP From The Last 14 Days
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March 31, 2015
16:12 EDTBGCPBGC Partners says GFI Group will operate as division
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16:11 EDTBGCPBGC Partners sees Q1 revenue at low end of guidace
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March 19, 2015
16:11 EDTBGCPGFI Group to delist from NYSE
GFI Group (GFIG) announced that it intends to voluntarily delist and deregister its common stock. GFI has no intention to arrange for the listing of and/or registration of the common stock on another securities exchange. The common stock may, however, be quoted in one or more OTC markets, but there can be no assurance that trading in the common stock will continue OTC or otherwise. Approximately 56% of the outstanding shares of GFI common stock are held by BGC Partners or its affiliates (BGCP).
March 17, 2015
15:13 EDTBGCPGFI Group in talks to sell tech assets to CME Group, Bloomberg reports
CME Group (CME) has held preliminary talks with BGC Partners (BGCP) about buying trading-software units Trayport and Fenics from GFI Group (GFIG), reported Bloomberg, citing people with knowledge of the matter. The assets may be valued at more than $600M, the report noted. GFI Group shares move into positive ground and are now up 0.5% in afternoon trading following the Bloomberg report. Reference Link

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