BGC Partners
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A Panoramic view of one of BGC Partners' brokering floors
This is one of BGC Partners' two trading floors (or brokering floors as they call them). Overall BGC has 350 seats on the two-level brokerage floor. The firm, based in New York, is undergoing a major transformation. Once a traditional voice brokerage, BGC currently is gearing up to roll out a hybrid offering, called BGC Trader, to trade all of the products it covers. BGC Trader features a graphical user interface (GUI) developed for BGC by eSpeed. The new tool allows BGC's clients to call orders into a broker or enter them through the GUI. Regardless of how orders are entered, they all interact with the same liquidity pool. While this hybrid model eventually will be available across all of BGC's products, it first has been rolled out for credit default swaps in Europe.
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