BGC Group

name: BGC Group
description: 'BGC Group, Inc. (NASDAQ: BGC), formerly BGC Partners, is a global brokerage and financial technology firm.

  Headquartered in New York and London, BGC operates electronic and voice broking across foreign exchange,

  interest rate derivatives, fixed income, energy and commodities, equity derivatives, credit, and futures.

  Its technology portfolio includes the FMX division (FMX UST, FMX FX, and FMX Futures Exchange — launched

  September 23, 2024 for SOFR futures), Fenics Market Data (the exclusive data distributor for BGC and its

  affiliates), Capitalab (post-trade optimization), Lucera (LumeMarkets cross-asset trading platform and

  Lucera Connect/Compute infrastructure), and GFI Group. BGC spun off Newmark Group (NASDAQ: NMRK) on

  November 30, 2018. Public developer documentation is generally gated behind sales engagement; protocol

  specifications (FIX, ITCH/SoupBinTCP, BIMP, BOP) exist for institutional clients.

  '
url: https://www.bgcg.com
image: https://www.bgcg.com/wp-content/uploads/2023/06/BGC-Group-Logo.svg
humanURL: https://www.bgcg.com
specificationVersion: '0.18'
type: Index
aid: bgc-partners
access: 3rd-Party
created: '2026-05-05'
modified: '2026-05-23'
tags:
- Brokerage
- Inter-Dealer Broker
- Financial Services
- Capital Markets
- Market Data
- Foreign Exchange
- Fixed Income
- Interest Rate Derivatives
- Energy And Commodities
- Equity Derivatives
- Credit Derivatives
- Futures Exchange
- SOFR
- US Treasuries
- Post-Trade
- Trading Infrastructure
- Financial Technology
- Fortune 1000
maintainers:
- FN: API Evangelist
  email: info@apievangelist.com
apis:
- name: FMX Futures Exchange Connectivity
  description: 'FMX Futures Exchange launched September 23, 2024, initially listing SOFR futures (the largest notional

    futures contract in the world) and adding U.S. Treasury futures in Q1 2025. Equity partners include

    Bank of America, Barclays, Citadel Securities, Citi, Goldman Sachs, J.P. Morgan, Jump Trading Group,

    Morgan Stanley, Tower Research Capital, and Wells Fargo. The exchange clears through LCH Limited. The

    platform represents "over $200 million of technological investment." Native connectivity is provided to

    institutional members via FIX protocol and proprietary binary feeds; specifications are distributed to

    onboarded participants.

    '
  humanURL: https://www.fmxfutures.com
  baseURL: https://www.fmxfutures.com
  image: https://www.fmxfutures.com/favicon.ico
  aid: bgc-partners:fmx-futures
  tags:
  - Futures Exchange
  - SOFR
  - US Treasuries
  - FIX Protocol
  - Market Data
  - Derivatives
  properties:
  - type: Portal
    url: https://www.fmxfutures.com
  - type: Documentation
    url: https://www.fmx.com/wp-content/uploads/2024/06/FMX-Futures-Exchange-Overview-June-2024-1.pdf
  - type: PressRelease
    url: https://www.prnewswire.com/news-releases/bgc-group-launches-fmx-futures-exchange-302256660.html
- name: FMX UST
  description: 'FMX UST (formerly Fenics UST) is BGC''s electronic trading venue for U.S. Treasuries. Connectivity is a

    "point-to-point service based on industry standards TCP/IP and the FIX Protocol." Supports FIX 4.4 with

    selected FIX 5.0 tags; proprietary BOP (Binary Order Protocol) over TCP for order entry; BIMP (Binary

    Market Data Protocol) over multicast for market data; Drop Copy and STP services. Order book depth of

    10 price levels in increments of 1/16 of a 32nd.

    '
  humanURL: https://www.fenicsust.com
  baseURL: https://www.fenicsust.com
  aid: bgc-partners:fmx-ust
  tags:
  - US Treasuries
  - Electronic Trading
  - FIX Protocol
  - Binary Protocol
  - Market Data
  - Central Limit Order Book
  properties:
  - type: Portal
    url: https://www.fenicsust.com
  - type: Documentation
    url: https://www.fenicsust.com/technology/
- name: FMX FX (Fenics FX)
  description: 'FMX FX (operating as Fenics FX) is BGC''s electronic foreign exchange platform covering Spot, Forwards,

    NDFs and Options. Integration is offered via FIX (order entry) and ITCH/OUCH (market data and order

    entry) protocols. The Fenics FX ITCH market data service uses SoupBinTCP on top of TCP for session

    control and delivers tick-by-tick quote updates over a single TCP/IP connection.

    '
  humanURL: https://www.fenicsfx.com
  baseURL: https://www.fenicsfx.com
  aid: bgc-partners:fmx-fx
  tags:
  - Foreign Exchange
  - FX Spot
  - FX Forwards
  - NDF
  - FX Options
  - FIX Protocol
  - ITCH
  - OUCH
  - SoupBinTCP
  - Market Data
  properties:
  - type: Portal
    url: https://www.fenicsfx.com
  - type: Documentation
    url: https://www.fenicsfx.com/wp-content/uploads/2018/01/FenicsFX_ITCH_MarketData.pdf
  - type: Specification
    url: https://www.fenicsfx.com/wp-content/uploads/2019/09/FenicsFX_ITCH_MarketData_v7.pdf
- name: Fenics Market Data
  description: 'Fenics Market Data (FMD) is the exclusive data distributor of BGC Group, Inc. and its affiliates. FMD

    provides streaming, intra-day, end-of-day and historical market data across Foreign Exchange (350+

    currency pairs with history from 2005), Interest Rate Derivatives (30+ currencies, 290+ curves), Fixed

    Income (US Treasuries, global government bonds, corporate bonds, CDS), Inflation Derivatives, Energy &

    Commodities, and Equity Derivatives. Delivery formats include Pricing/Modelled curves and surfaces and

    Orderbook/Level 2 consolidated quotes. Distribution channels include "API, Desktop, Excel, Cloud, FTP,

    SFTP, and Deployed/Onsite Servers" with FIX/API and binary protocols for low-latency feeds.

    '
  humanURL: https://www.fenicsmd.com
  baseURL: https://www.fenicsmd.com
  aid: bgc-partners:fenics-market-data
  tags:
  - Market Data
  - Reference Data
  - Historical Data
  - Pricing
  - Curves And Surfaces
  - Level 2
  - Foreign Exchange
  - Interest Rates
  - Fixed Income
  - Energy And Commodities
  - Inflation
  - Regulatory Solutions
  properties:
  - type: Portal
    url: https://www.fenicsmd.com
  - type: Products
    url: https://www.fenicsmd.com/products/
  - type: DirectFeedAndAPI
    url: https://www.fenicsmd.com/delivery/direct-feed-and-api/
  - type: Distribution
    url: https://www.lseg.com/en/data-analytics/financial-data/pricing-and-market-data/fixed-income-pricing-data/fenics-market-data
- name: Lucera LumeMarkets
  description: 'Lucera is BGC''s financial technology subsidiary offering a "high-performance, low latency platform that

    provides a single API for aggregating and trading across multiple markets – FX, Rates, Futures, Crypto,

    and Credit." Product portfolio: Connect (SDN connectivity), Compute (on-demand infrastructure),

    LumeMarkets (cross-asset trading platform), and LumeFX (FX-focused offering). The single-API

    cross-asset trading surface is the most explicit programmatic API in the BGC family.

    '
  humanURL: https://www.lucera.com
  baseURL: https://www.lucera.com
  aid: bgc-partners:lucera
  tags:
  - Trading Infrastructure
  - Cross-Asset Trading
  - Aggregation
  - SDN
  - Low Latency
  - FX
  - Rates
  - Futures
  - Crypto
  - Credit
  - Single API
  properties:
  - type: Portal
    url: https://www.lucera.com
- name: Capitalab
  description: 'Capitalab is BGC''s post-trade compression, optimization and risk-mitigation arm. It executes initial

    margin optimization runs across interest rate, FX, inflation and credit derivatives portfolios for

    banks and dealers, integrating with central counterparty clearing houses and bilateral OTC books.

    Programmatic engagement is operated through Capitalab''s bespoke onboarding rather than a public API.

    '
  humanURL: https://www.capitalab.com
  baseURL: https://www.capitalab.com
  aid: bgc-partners:capitalab
  tags:
  - Post-Trade
  - Compression
  - Initial Margin Optimization
  - Risk Mitigation
  - Derivatives
  - Rates
  - Credit
  - FX
  properties:
  - type: Portal
    url: https://www.capitalab.com
- name: GFI Group
  description: 'GFI Group, Inc. is a wholly owned BGC subsidiary — "a leading intermediary and provider of trading

    technologies and support services to the global OTC and listed markets." GFI offers voice and

    electronic brokerage in fixed income, FX, energy, credit and equity derivatives, along with software

    such as Trayport (now divested) historically and Fenics-branded data and analytics today.

    '
  humanURL: https://www.gfigroup.com
  baseURL: https://www.gfigroup.com
  aid: bgc-partners:gfi-group
  tags:
  - Inter-Dealer Broker
  - OTC Markets
  - Voice Broking
  - Electronic Broking
  - Trading Technology
  properties:
  - type: Portal
    url: https://www.gfigroup.com
common:
- type: Portal
  url: https://www.bgcg.com
- type: InvestorRelations
  url: https://ir.bgcg.com
- type: PressReleases
  url: https://www.bgcg.com/press-releases/
- type: News
  url: https://www.bgcg.com/news/
- type: Careers
  url: https://www.bgcg.com/careers/
- type: Contact
  url: https://www.bgcg.com/contact/
- type: PrivacyPolicy
  url: https://www.bgcg.com/privacy-policy/
- type: TermsOfService
  url: https://www.bgcg.com/terms-of-use/
- type: SECFilings
  url: https://ir.bgcg.com/financials/sec-filings/
- type: AnnualReports
  url: https://ir.bgcg.com/financials/annual-reports/
- type: StockTicker
  url: https://ir.bgcg.com/stock-info/stock-quote/
  data:
    exchange: NASDAQ
    symbol: BGC
- type: SpinOff
  url: https://www.nmrk.com
  data:
    name: Newmark Group
    ticker: NMRK
    completed: '2018-11-30'
- type: Subsidiary
  url: https://www.fmx.com
  data:
    name: FMX Holdings
    launched: '2024-09-23'
    equityPartners:
    - Bank of America
    - Barclays
    - Citadel Securities
    - Citi
    - Goldman Sachs
    - J.P. Morgan
    - Jump Trading Group
    - Morgan Stanley
    - Tower Research Capital
    - Wells Fargo
- type: ClearingPartner
  url: https://www.lch.com
  data:
    name: LCH Limited
    relationship: FMX Futures Exchange clearing
- type: LinkedIn
  url: https://www.linkedin.com/company/bgc-group/
- type: Vocabulary
  url: vocabulary/bgc-partners-vocabulary.yml
- type: JSONLD
  url: json-ld/bgc-partners-context.jsonld
- type: Plans
  url: plans/bgc-partners-plans-pricing.yml
- type: RateLimits
  url: rate-limits/bgc-partners-rate-limits.yml
- type: FinOps
  url: finops/bgc-partners-finops.yml