LONDON, October 5, 2016
BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets, today announced that GlobalCapital has recognized the industry leadership of BGC Partners and GFI Group across three categories at its 2016 Global Derivatives Awards.
GlobalCapital awarded Capitalab, a division of BGC Brokers L.P., the distinction of “Compression/compaction service of the year” and named BGC Partners “Equity derivatives interdealer broker of the year” and “Credit derivatives interdealer broker of the year.”
“With these three awards, our customers have recognized BGC Partners as a world-class innovator in the derivatives markets across several key products and services,” said Shaun D. Lynn, President of BGC Partners.
“We are gratified that clients have clearly identified us as leaders in the highly competitive equity derivatives and credit derivatives markets,” said Jean-Pierre Aubin, Executive Managing Director, Global Head of Listed Products and General Manager, Continental Europe and Philip Cramp, Head of Credit, Repo and EGBs in London.
“Following our very first year of operation, we are proud to have won ‘Compression/compaction service of the year’ in the complex space of derivatives portfolio optimisation,” added Gavin Jackson and David Bachelier, Co-Founders of Capitalab.
The GlobalCapital editorial board stated that it “wanted to reward those firms who had risen to the challenges that 2016 has brought, looked ahead to those coming up in 2017 and created valuable solutions and helped provide greater clarity for the market.” The publication’s team interviewed senior officials at banks and broker-dealers to determine the interdealer broker award categories and nominees. The winners of most of the award categories were then decided by GlobalCapital’s editorial board. Winners were chosen based on a number of factors including innovation, market impact, performance, client feedback and uniqueness of approach.
About Capitalab
Capitalab, a new division of BGC Brokers L.P., is led by a team of former traders and quants from sell-side institutions, Mr. Olivier Alvarez, Mr. David Bachelier and Mr. Gavin Jackson, who combine together over 30 years’ experience in interest rates options trading and quantitative research. BGC Brokers L.P. is regulated by the UK Financial Conduct Authority and based in London.
About BGC Partners, Inc.
BGC Partners is a leading global brokerage company servicing the financial and real estate markets. BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets.
