Source: BGC Partners
BGC Partners (Nasdaq: BGCP) (formerly eSpeed), a leading global inter-dealer broker of financial instruments, announced today that it has filed a registration statement with the Securities and Exchange Commission in connection with a proposed public offering of shares of its Class A common stock.
The underwriter for the public offering is Deutsche Bank Securities Inc. The number of shares to be offered and the proposed price have not yet been determined. Certain of the shares will be offered by selling stockholders, including Cantor Fitzgerald, L.P. BGC Partners, Inc. will not receive any proceeds from sales of shares by selling stockholders. The proposed offering will be made only by means of a prospectus, which you are advised to read carefully before making any investment decision.