BGC Partners, Inc. ("BGC"), an inter-dealer broker providing
integrated voice and electronic execution and other brokerage services
to banks, brokerage houses and investment banks, announced today that
it has filed a registration statement with the Securities and Exchange
Commission in connection with its proposed initial public offering of
shares of its Class A common stock.
The underwriters for the initial public offering are, listed
alphabetically, Cantor Fitzgerald & Co. and Deutsche Bank Securities
Inc. The number of shares to be offered and the proposed price range
have not yet been determined. The proposed public offering will be
made only by means of a prospectus, which you are advised to read
carefully before making any investment decision.
Once available, a copy of the prospectus may be obtained by
contacting Cantor Fitzgerald & Co., ITD Equity Syndicate Manager, 110
East 59th Street New York, New York 10022 (telephone number:
212-829-4753); or Deutsche Bank Securities, Attn: Prospectus Dept, 100
Plaza One, Floor 2, Jersey City, NJ 07311 (telephone number:
800-503-4611).
Important Information Regarding the Offering
U.S. Legend: A registration statement relating to these securities
has been filed with the Securities and Exchange Commission but has not
yet become effective. These securities may not be sold nor may offers
to buy be accepted prior to the time the registration statement
becomes effective. This announcement shall not constitute an offer to
sell or the solicitation of an offer to buy, nor shall there be any
sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of any such state.
International Legend: This announcement does not constitute an
offer to sell or the solicitation of an offer to buy any securities,
nor shall there be any sale of these securities, in any jurisdiction
outside of the United States to any person to whom it is unlawful to
make the offer or solicitation or sale in such jurisdiction. In
particular, no action has been taken, or is intended to be taken, by
BGC or the underwriters which would permit a public offering of any of
these securities in any jurisdiction outside of the United States
where action for that purpose is required. Accordingly, these
securities may not be offered or sold, directly or indirectly, nor any
advertisement or other offering material distributed or published, in
any jurisdiction outside of the United States, except under
circumstances that will result in compliance with any applicable laws
and regulations.
About BGC Partners, Inc.
BGC is an inter-dealer broker, providing integrated voice and
electronic execution and other brokerage services to banks, brokerage
houses and investment banks for a broad range of global financial
products, including fixed income securities, foreign exchange, equity
derivatives, credit derivatives, futures, structured products and
other instruments, as well as market data products for selected
financial instruments. BGC has offices in New York, Chicago, Los
Angeles, London, Toronto, Hong Kong, Paris, Nyon, Milan, Tokyo,
Beijing, Singapore, Mexico City, Copenhagen, Melbourne, and Sydney.