BGC Group Inc (FRA:ESD)
€ 9.1 -0.1 (-1.09%) Market Cap: 4.46 Bil Enterprise Value: 5.29 Bil PE Ratio: 39.24 PB Ratio: 5.53 GF Score: 69/100
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BGC Group Inc at Piper Sandler Global Exchange and Fintech Conference Transcript

Jun 07, 2023 / 07:30PM GMT
Release Date Price: €4.24 (+3.92%)
Patrick Moley
Piper Sandler - Analyst

Welcome back everyone to our 20th Annual Global Exchange and Fintech Conference. As we get -- pickup steam and momentum here towards the end, I know this next speaker brings energy and a lot of optimism and excitement to his business. So it's Howard Lutnick, he's the Chairman and CEO of BGCP. I've known Howard literally for 20 -- I think going on 25 years, we were just discussing this. I picked up coverage of eSpeed, a predecessor company that -- I shouldn't say predecessors' company -- he sold to NASDAQ back in early 2013.

Anyway, so how it's businesses have evolved. Now, BGCP is a interdealer broker of one of the -- probably the top one to two prominent interdealer brokers. And the environment looks much more promising than it has in a number of years, as you talked about.

Questions & Answers

Patrick Moley
Piper Sandler - Analyst

So I guess how -- I'm going to let you launch you off on talking about how good is the -- what has changed, what makes the environment positive for BGCP versus the X number

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