BGC Partners Reports Record First Quarter 2015 Financial Results
BGC has issued a press release to announce First Quarter 2015 Financial Results
- The Company Produced Record Revenues and Post-tax Distributable Earnings
- BGC Increases Quarterly Dividend by 16.7% to 14 Cents
- GFI Group’s Results from March, 2015 Onward are Consolidated with those of BGC
- BGC Acquires 43 Million Newly Issued GFI Common Shares
- BGC Now Owns Approximately 67 percent of GFI
Unless otherwise stated, the financial results and other metrics for the Company’s majority-owned division, GFI Group Inc. (OTC: GFIG) (“GFI Group” or “GFI”), a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets, are consolidated with those of BGC from March 2, 2015 onward throughout this document.
Select Results Compared to the Year-Earlier Period
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Source: BGC Partners