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BGC Group ( (BGC) ) has issued an update.
On February 18, 2025, Howard Lutnick stepped down as Chairman and CEO of BGC Group following his confirmation as the 41st U.S. Secretary of Commerce. This leadership change was amicable and due to his new role, leading to the appointment of new executives to continue BGC’s strategic initiatives. The appointments include Brandon Lutnick to the Board, Stephen Merkel as Chairman, and John Abularrage, JP Aubin, and Sean Windeatt as Co-CEOs, aiming to maintain and expand BGC’s position in global financial markets.
More about BGC Group
BGC Group, Inc. is a leading global marketplace and financial technology services company, offering a wide range of products, including fixed income, foreign exchange, energy, commodities, and equities. It is known for the FMX Futures Exchange which includes a U.S. interest rate futures exchange and a rapidly growing U.S. cash treasuries platform. BGC’s clientele consists of major global banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.
YTD Price Performance: 3.11%
Average Trading Volume: 2,887,357
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.61B
See more data about BGC stock on TipRanks’ Stock Analysis page.
