bgc partners annual reportsales compensation surveys
BGCIR@bgcpartners.com. Yes No The aggregate market value of voting common equity held by non-affiliates of the registrant, based upon the closing price of the Class A common stock on June 30, 2020 as reported on NASDAQ, was approximately $836,497,422. also excludes various other GAAP items that management views as not reflective of the Company's underlying performance in a given period from its calculation of Adjusted Earnings. Pre- and post-tax Adjusted Earnings, as well as related measures, are not intended to replace the Company's presentation of its GAAP financial results. BGC Partners Our Charity Day application process is now open! WebTo view BGC Partners, Inc.s filings with the Securities and Exchange Commission, including annual (10-K), quarterly (10-Q) and currents reports (8-K), proxy statements (DEFA 14A) and registration statements (S-1, S-3, S-4, S-8, prospectuses, etc.) ANNUAL REPORT The Company's outlook was contained in, financial results press release issued on, This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in. ongoing operations. Compensation charges are also adjusted for certain other cash and non-cash items. Customer Privacy Notice | QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 124 ITEM 8. LEGAL PROCEEDINGS 69 ITEM 4. For more information, please visit http://www.bgcpartners.com. BGC Partners : 2021 Annual Report | MarketScreener Portions of the registrants definitive proxy statement for its 2021 annual meeting of stockholders (the 2021 Proxy Statement) are incorporated by reference in Part III of this Annual Report on Form 10-K. We anticipate that we will file the 2021 Proxy Statement with the SEC on or before April 30, 2021. The resulting annualized tax rate is applied to BGC's quarterly GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries. Through its brands, including Fenics, FMX, FMX Futures Exchange, Fenics Markets Xchange, Fenics Digital, Fenics UST, Fenics FX, Fenics Repo, Fenics Direct, Fenics MID, Fenics Market Data, Fenics GO, Fenics PortfolioMatch, BGC, BGC Trader, kACE2, and Lucera, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. The Company defines post-tax Adjusted Earnings to fully diluted shareholders as pre-tax Adjusted Earnings reduced by the non-GAAP tax provision described below and net income (loss) attributable to noncontrolling interest for Adjusted Earnings. Business Continuity | BGC Annual Report BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. BGC Partners : 2020 Annual Report (PDF 3.26 MB) Perseverance is core to who we are as an organization. BGC Annual Report SEC.gov BGC Annual Report Our top line growth to $2,613 million came This information should be considered in addition to, and not as a substitute for, results reported in accordance with GAAP. Bgc Partners, Including. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549, FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-28191, BGC Partners, Inc. (Exact Name of Registrant as Specified in Its Charter), Delaware 13-4063515 (State or Other Jurisdiction of (I.R.S. Annual Report NEW YORK, Feb. 24, 2021 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company"), a leading global brokerage and financial Notices BGC GROUP : Piper Sandler Global Exchange & Fintech Conference. Dividends payable to common stockholders and distributions payable to holders of limited partnership units are included within "Dividends to stockholders" and "Earnings distributions to limited partnership interests and noncontrolling interests," respectively, in our unaudited, Condensed Consolidated Statements of Cash Flows. Web2007 Annual Report for BGC Partners, Inc. (Formerly eSpeed, Inc.) Because BGC Partners merger with and into eSpeed closed on April 1, 2008, the Companys Form 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2007 OR Calculations of Pre- and Post-Tax Adjusted Earnings per ShareBGC's pre- and post-tax Adjusted Earnings per share calculations assume either that: The fully diluted share count includes the shares related to any dilutive instruments, but excludes the associated expense, net of tax, when the impact would be dilutive; or. BGCP Valuations. Home. "BGC SET UP ITS BUSINESS FOR SUCCESS IN 2021. At the end of the annual period, the Company updates its estimate to reflect the actual tax amounts owed for the period. For more information regarding Liquidity, see the section of this document and/or in the Company's most recent financial results press release titled "Liquidity Analysis", including any footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP. 2020 Annual Report Download PDF 2020 Financial Reports Download PDF Past Annual Reports View Archive Past Financial Reports View Archive Registered Charity Information Return T3010 Registered Charity Information Return The Company considers liquidity to be comprised of the sum of cash and cash equivalents, reverse repurchase agreements (if any), financial instruments owned, at fair value, less securities lent out in securities loaned transactions and repurchase agreements (if any). As compared with "Income (loss) from operations before income taxes" and "Net income (loss) for fully diluted shares", both prepared in accordance with GAAP, Adjusted Earnings calculations primarily exclude certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash by the Company and/or which do not dilute existing stockholders. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 214 ITEM 13. WebUNITED STATESSECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K FOR ANNUAL AND TRANSITION REPORTS PURSUANT TO SECTION 13 OR 15(d)OF WebBGC Partners, Inc. - 10K - Annual Report - March 01, 2021. Copyright 2023 Surperformance. Includes Ownership Percent, Buy versus Sell comparison, Put-Call ratio and more, Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports, Consolidated Statements Of Changes In Equity, Consolidated Statements Of Changes In Equity (Parenthetical), Consolidated Statements Of Comprehensive Income (Loss), Consolidated Statements Of Financial Condition, Consolidated Statements Of Financial Condition (Parenthetical), Financial Instruments Owned, At Fair Value, Commitments, Contingencies And Guarantees, Commitments, Contingencies And Guarantees (Tables), Commitments, Contingencies And Guarantees - Additional Information (Detail), Commitments, Contingencies And Guarantees - Summary Of Contractual Obligations (Detail), Commitments, Contingencies And Guarantees - Summary Of Minimum Lease Payments Under These Arrangements (Detail), Compensation - Activity Associated With Limited Partnership Units Awarded To Bgc Employees (Detail), Compensation - Activity Associated With Lpu's Held By Bgc Employees (Detail), Compensation - Activity Associated With Restricted Stock Units (Detail), Compensation - Additional Information (Detail), Compensation - Compensation Expense Related To Class A Common Stock (Detail), Compensation - Compensation Expense Related To Issuance Of Bgc Or Newmark Class A Common Stock And Grants Of Exchangeability On Bgc Holdings And Newmark Holdings Lpus Held By Bgc Employees (Detail), Compensation - Compensation Expense Related To Restricted Stock Unit Held By Bgc Employees (Detail), Compensation - Summary Of Compensation Expense Related To Amortization Of Lpus Held By Bgc Employees (Detail), Compensation - Summary Of Outstanding Lpus Held By Bgc Employees With Stated Vesting (Detail), Compensation - Summary Of The Bgc Holdings And Newmark Holdings Lpus Held By Bgc Employees (Detail), Current Expected Credit Losses (Cecl) - Changes In Cecl Allowance Reserve (Details), Current Expected Credit Losses (Cecl) - Narrative (Details), Derivatives - Additional Information (Detail), Derivatives - Fair Value Of Derivative Contracts (Detail), Derivatives - Offsetting Of Derivatives Instruments (Detail), Derivatives - Summary Of Gains And (Losses) On Derivative Contracts (Detail), Earnings Per Share - Additional Information (Detail), Earnings Per Share - Calculation Of Basic Earnings Per Share From Continuing And Discontinued Operations (Detail), Earnings Per Share - Calculation Of Fully Diluted Earnings Per Share From Continuing Operations (Detail), Fair Value Of Financial Assets And Liabilities, Fair Value Of Financial Assets And Liabilities (Tables), Fair Value Of Financial Assets And Liabilities - Additional Information (Detail), Fair Value Of Financial Assets And Liabilities - Changes In Level 3 Liabilities Measured At Fair Value On Recurring Basis (Detail), Fair Value Of Financial Assets And Liabilities - Fair Value Hierarchy Of Financial Assets And Liabilities Under U.S. Gaap Guidance (Detail), Fair Value Of Financial Assets And Liabilities - Quantitative Information About Level 3 Fair Value Measurements On Recurring Basis (Detail), Financial Instruments Owned, At Fair Value (Detail), Fixed Assets, Net - Additional Information (Detail), Fixed Assets, Net - Components Of Fixed Assets, Net (Detail), Goodwill And Other Intangible Assets, Net, Goodwill And Other Intangible Assets, Net (Tables), Goodwill And Other Intangible Assets, Net - Additional Information (Detail), Goodwill And Other Intangible Assets, Net - Components Of Other Intangible Assets (Detail), Goodwill And Other Intangible Assets, Net - Estimated Future Amortization Expense Of Definite Life Intangible Assets (Detail), Goodwill And Other Intangible Assets, Net - Summary Of Changes In Carrying Amount Of Goodwill (Detail), Income Taxes - Additional Information (Detail), Income Taxes - Summary Of Actual Income Tax Expense And Amount Calculated Utilizing U.S. Federal Statutory Rates (Detail), Income Taxes - Summary Of Deferred Tax Asset And Liability (Detail), Income Taxes - Summary Of Gross Unrecognized Tax Benefits (Detail), Income Taxes - Summary Of Provision For Income Taxes (Detail), Investments - Additional Information (Detail), Investments - Equity Method Investments And Investments Carried Under Measurement Alternative (Detail), Investments - Investments In Variable Interest Entities (Detail), Investments - Investments In Variable Interest Entities Table Footnote (Detail), Investments - Summary Of Financial Information For Company's Equity Method Investments (Detail), Leases - Schedule Of Cash Flow Information Related To Lease Liabilities (Detail), Leases - Schedule Of Components Of Lease Expense (Detail), Leases - Schedule Of Maturity Analysis Of Operating Lease Liabilities (Detail), Leases - Schedule Of Supplemental Information Related To Operating Leases (Detail), Leases - Schedule Of Weighted-Average Remaining Lease Term And Discount Rate (Detail), Limited Partnership Interests In Bgc Holdings And Newmark Holdings, Limited Partnership Interests In Bgc Holdings And Newmark Holdings (Detail), Notes Payable, Other And Short-Term Borrowings, Notes Payable, Other And Short-Term Borrowings (Tables), Notes Payable, Other And Short-Term Borrowings - Additional Information (Detail), Notes Payable, Other And Short-Term Borrowings - Carrying Amounts And Estimated Fair Values Of Company's Senior Notes (Detail), Notes Payable, Other And Short-Term Borrowings - Summary Notes Payable, Other And Short-Term Borrowings (Detail), Organization And Basis Of Presentation - Additional Information (Detail), Receivables From And Payables To Broker-Dealers, Clearing Organizations, Customers And Related Broker-Dealers, Receivables From And Payables To Broker-Dealers, Clearing Organizations, Customers And Related Broker-Dealers (Detail), Receivables From And Payables To Broker-Dealers, Clearing Organizations, Customers And Related Broker-Dealers (Tables), Related Party Transactions - Bgc Sublease From Newmark (Details), Related Party Transactions - Cantor Aurel Revenue Sharing Agreement (Details), Related Party Transactions - Cantor Right To Purchase Cantor Units From Bgc Holdings (Details), Related Party Transactions - Ceo Program And Other Transaction With Cf&Amp;Co (Details), Related Party Transactions - Loans, Forgivable Loans And Other Receivables From Employees And Partners, Net (Details), Related Party Transactions - Newmark Spin-Off (Details), Related Party Transactions - Other Agreements With Cantor (Details), Related Party Transactions - Other Transactions (Details), Related Party Transactions - Purchase Of Futures Exchange Group (Details), Related Party Transactions - Receivables From And Payables To Related Broker-Dealers (Details), Related Party Transactions - Service Agreements (Details), Related Party Transactions - Transactions With Executive Officers And Directors (Details), Related Party Transactions - Transactions With The Relief Fund (Details), Revenues From Contracts With Customers (Tables), Revenues From Contracts With Customers - Additional Information (Detail), Revenues From Contracts With Customers - Summary Of Revenues From Contracts With Customers And Other Sources Of Revenues (Detail), Schedule I - Parent Company Only - Commitments, Contingencies And Guarantees - Additional Information (Detail), Schedule I - Parent Company Only - Long Term Debt - Additional Information (Detail), Schedule I - Parent Company Only - Organization And Basis Of Presentation - Additional Information (Detail), Schedule I - Parent Company Only Financial Statements, Schedule I - Parent Company Only Financial Statements - Statements Of Cash Flows (Detail), Schedule I - Parent Company Only Financial Statements - Statements Of Comprehensive Income (Detail), Schedule I - Parent Company Only Financial Statements - Statements Of Financial Condition (Detail), Schedule I - Parent Company Only Financial Statements - Statements Of Operations (Detail), Segment, Geographic And Product Information, Segment, Geographic And Product Information (Tables), Segment, Geographic And Product Information - Additional Information (Detail), Segment, Geographic And Product Information - Geographic Information Regarding Revenues (Detail), Segment, Geographic And Product Information - Information Regarding Long-Lived Assets In Geographic Areas (Detail), Segment, Geographic And Product Information - Product Information Regarding Revenues (Detail), Stock Transactions And Unit Redemptions (Tables), Stock Transactions And Unit Redemptions - Additional Information (Detail), Stock Transactions And Unit Redemptions - Changes In Shares Of Class A Common Stock Outstanding (Detail), Stock Transactions And Unit Redemptions - Gross Unit Redemptions And Share Repurchases Of Class A Common Stock (Detail), Stock Transactions And Unit Redemptions - Gross Unit Redemptions And Share Repurchases Of Class A Common Stock Table Footnote (Detail), Stock Transactions And Unit Redemptions - Summary Of Changes In Carrying Amount Of Fpus (Detail), Summary Of Significant Accounting Policies, Summary Of Significant Accounting Policies (Detail), Summary Of Significant Accounting Policies (Policies), Supplemental Balance Sheet Information (Tables), Supplemental Balance Sheet Information - Summary Of Components Of Balance Sheet Accounts (Detail), Supplemental Balance Sheet Information - Summary Of Components Of Balance Sheet Accounts Table Footnote (Detail), Exhibit 4.1: Instruments Defining The Rights Of Security Holders, Including Indentures, Exhibit 21.1: Subsidaries Of The Registrant, Exhibit 23.1: Consents Of Experts And Counsel, Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification, Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification, https://last10k.com/sec-filings/bgcp/0001628280-23-005839.htm. As more fully described in that Notice, all stockholders The Company's consolidated financial statements include U.S. federal, state, and local income taxes on the Company's allocable share of the U.S. results of operations. Rao wrote in a report "Cantors institutional business and BGCs financial brokerage business will remain challenged in the medium term because of lower trading volume. About BGC Partners, Inc.BGC Partners, Inc. ("BGC") is a leading global brokerage and financial technology company. In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC. Please wait while we load the requested 10-K report or click the link below: https://last10k.com/sec-filings/report/1094831/000162828023005839/bgcp-20221231.htm. Investors and Media - BGC Partners Annual Report for BGC Partners, Inc. (Formerly eSpeed,
