BGC Partners

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BGC Partners is a brokerage firm provides trade execution, clearing, and settlement services to banks, investment banks, and other brokerages. A spinoff of Cantor Fitzgerald, the company specializes in fixed-income securities, foreign exchange, derivatives, futures, and money markets. It also provides market data. The company has about 15 offices worldwide. BGC Partners had planned an IPO, but scrapped those plans after Cantor announced it would merge electronic brokerage affiliate eSpeed with the firm. BGC Partners is named for Cantor Fitzgerald's founder, B. Gerald Cantor.

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