{"filings":[{"id":471277,"accession_number":"0001213900-26-057808","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2026-05-15T20:18:44+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC Group enters into $700M unsecured revolving credit facility, maturity extended to 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $700M unsecured senior revolving credit facility replaces existing agreement; can be increased to $900M.","Maturity date extended to May 15, 2030; $240M in borrowings outstanding at closing roll into new facility.","Interest rate initially Term SOFR + 1.875%; covenants include minimum net worth, net excess capital, interest coverage, and leverage ratio.","Funds to be used for general corporate purposes; credit ratings-based pricing grid with range of 1.375% to 2.125% for Term SOFR loans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91251,"accession_number":"0001628280-26-031724","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Group Q1 revenues up 44% to $955M; EPS $0.17; Adjusted EPS $0.41","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $80.7M ($0.17 diluted EPS) vs $52.8M ($0.11) a year ago; Adj. EPS $0.41 (+41%).","ECS revenues more than doubled to $330M; FMX UST ADV record $90B, 41% market share.","Cost savings plan expanded to $35M annualized; pre-tax earnings up 44% to $115.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":955481000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101229,"accession_number":"0001628280-26-021427","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2026-03-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group expects Q1 2026 results slightly above prior guidance ranges","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Revenue and pre-tax adjusted earnings guided slightly above previously stated high-end for Q1 2026.","Prior outlook was issued on February 12, 2026; current update reflects improved expectations.","Guidance covers the quarter ending March 31, 2026; no specific numeric ranges were provided.","Announcement made via press release on March 26, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101228,"accession_number":"0001628280-26-007499","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2026-02-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Group reports record FY2025 revenues up 30% to $2.94B; EPS up 24%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $756.4M in Q4 (+32%) and $2,941.5M for FY25 (+30%); record full-year results.","GAAP EPS $0.31 (+24% YoY); Post-tax Adjusted EPS $1.18 (+19.2% YoY).","FMX U.S. Treasury ended 2025 with 40% market share; SOFR futures ADV +82% QoQ.","Completed first phase of cost reduction program delivering $25M annualized savings in 2026.","Acquisition of OTC completed; became world's largest energy broker."],"consensus_eps_estimate":null,"consensus_eps_actual":0.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":2941460000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117571,"accession_number":"0001628280-25-058853","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-12-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group reaffirms Q4 2025 revenue and pre-tax adjusted earnings outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reaffirmed previously issued outlook ranges for Q4 2025 revenue and pre-tax adjusted earnings.","Outlook originally provided in November 6, 2025 earnings release; no changes announced.","Press release dated December 29, 2025 contains no new financial projections or guidance revisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117570,"accession_number":"0001213900-25-110021","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-11-13T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"BGC Group 2025 annual meeting results: all six directors elected, auditor ratified, say-on-pay approved","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Six directors elected: Merkel, Lutnick, Richards, Mbanefo, Bell, Addas (each received >1.25B votes).","Ernst & Young LLP ratified as auditor for FY 2025 with 1.404B votes for, 1.727M against.","Advisory vote on executive compensation approved with 1.272B for, 87.355M against.","Class B shares held 10 votes per share; Class A one vote; combined as single class."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117569,"accession_number":"0001628280-25-049883","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Group reports Q3 record revenues of $737M, up 31% YoY; GAAP EPS $0.06, adjusted EPS $0.29","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $736.8M, up 31% YoY; GAAP operating income $33.5M, up 70%.","Post-tax Adjusted Earnings $141.1M, up 11.5%; adjusted EPS $0.29 vs $0.26.","FMX SOFR futures ADV and open interest up >3x QoQ; US Treasury market share at 37% all-time high.","$25M cost reduction program on track for year-end completion.","Record revenues ex-OTC of $628M; growth across every asset class and geography."],"consensus_eps_estimate":null,"consensus_eps_actual":0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":2185093000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117568,"accession_number":"0001213900-25-096611","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-10-06T23:59:59+00:00","items":["5.01"],"status":"ready","headline":"Howard Lutnick completes divestiture of BGC holdings; control shifts to Brandon Lutnick trusts","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transactions closed Oct 6, 2025: Purchase by Brandon Lutnick trusts of CFGM voting shares for $200,000.","CFLP bought 8,973,721 Class B shares from Howard Lutnick at $9.2082 each, less $0.032 for dividends.","Other trusts bought equity interests for $13,096,795.70; company repurchased 337,765 Class A shares.","Brandon Lutnick now beneficially owns 23.4% of common stock with 75.1% voting power; Howard Lutnick has zero ownership.","Voting and transfer agreement among family trusts became effective Oct 6, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134008,"accession_number":"0001628280-25-042780","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-09-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group reaffirms Q3 2025 revenue and pre-tax Adjusted Earnings outlook","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Reaffirmed previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for Q3 2025.","Outlook originally provided in July 31, 2025 earnings release; no changes announced.","Press release issued on September 25, 2025 confirms prior guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134007,"accession_number":"0001213900-25-080947","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-08-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"BGC launches exchange offer for $700M 6.150% Senior Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offer covers up to $700M aggregate principal of existing 6.150% Senior Notes due 2030.","Old Notes were issued in April 2025; exchange is to satisfy registration rights, not new financing.","Offer expires at 5:00 p.m. ET on September 25, 2025, unless extended.","Terms of the Exchange Notes are identical to the Old Notes; no change in coupon or maturity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134006,"accession_number":"0001628280-25-036853","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"BGC Group reports record Q2 revenue $784M (+42% YoY); GAAP EPS $0.11, adjusted EPS $0.31","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $784M, +42% YoY; GAAP net income $55.1M, diluted EPS $0.11 (+37.5% YoY).","Adjusted EBITDA $213.3M (+31.4%); post-tax adjusted EPS $0.31 (+34.8%).","Fenics revenues +19%; FMX platforms set record volumes and market share.","Cost reduction program launched, targeting at least $25M annualized savings by year-end.","Annual Meeting set for Nov 12, 2025; stockholder proposal deadline Aug 10, 2025 (Item 8.01)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":1448244000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150751,"accession_number":"0001628280-25-033517","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-06-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group raises Q2 2025 outlook; expects revenue and pre-tax Adjusted Earnings slightly above prior ranges","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["BGC expects Q2 2025 revenue and pre-tax Adjusted Earnings to be slightly above previously stated guidance ranges.","No update to specific dollar figures; prior guidance was issued on May 7, 2025.","The updated outlook is based on preliminary results and subject to customary closing adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150750,"accession_number":"0001213900-25-045119","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["5.01","7.01","9.01"],"status":"ready","headline":"BGC repurchases 16.45M shares from Howard Lutnick; Lutnick transfers control to Brandon Lutnick trusts","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["BGC repurchases 16,452,850 Class A shares from Howard Lutnick at $9.2082/share (3-day VWAP), for ~$151.5M total.","Lutnick sells 8,973,721 Class B shares to CFLP (Cantor Fitzgerald) at same price; closing after CFGM deal.","Howard Lutnick transfers his Cantor Fitzgerald (CFGM) voting control to trusts controlled by son Brandon Lutnick; closing expected Q3 2025 pending regulatory approvals.","BGC CFO Jason Hauf says repurchase demonstrates capital return commitment; company had record Q1 results and strong cash flow.","Howard Lutnick forgoes all economic benefits in BGC as of May 16, 2025, complying with U.S. government ethics rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150749,"accession_number":"0001628280-25-022879","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Q1 record revenue $664M (+15% YoY); completes OTC Global Holdings acquisition","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record quarterly revenues of $664.2M, up 14.8% YoY from $578.6M.","GAAP diluted EPS $0.11 (up 10% YoY); Post-tax Adjusted EPS $0.29 (up 16% YoY).","Adjusted EBITDA $199.8M vs $208.4M in Q1 2024, down 4.1%.","Acquired OTC Global Holdings on April 1, 2025, expected to add >$400M annual revenue and be immediately accretive.","FMX saw record volumes and market share across UST and FX platforms in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":664240000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150748,"accession_number":"0001213900-25-028059","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC issues $700M 6.150% senior notes due 2030; proceeds to retire ~$300M of 4.375% notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed offering of $700M principal of 6.150% senior notes due 2030; net proceeds ~$692.8M.","Interest payable semi-annually at 6.150%; mature April 2, 2030.","Proceeds to redeem $288.2M of BGC's 4.375% notes due 2025 and $11.8M of BGC Partners' notes.","Notes are senior unsecured; no financial covenants; customary events of default.","Registration rights agreement requires exchange offer or shelf registration within 365 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":150747,"accession_number":"0001213900-25-026774","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-04-01T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group closes $325M cash acquisition of OTC Global Holdings, energy brokerage","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of OTC Global Holdings closed April 1, 2025; $325 million substantially all-cash consideration.","OTC generated over $400M revenue in 2024; acquisition multiple below 0.8x revenue. Expected immediately accretive.","BGC says deal positions it as the world's premier energy, commodities, and shipping brokerage firm.","OTC's CEO Joe Kelly to continue driving growth; deal follows Sage Energy acquisition, makes ECS BGC's largest asset class."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169686,"accession_number":"0001013762-25-002847","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-03-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"BGC Group prices $700M of 6.150% senior notes due 2030 to refinance near-term debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$700.0M aggregate principal of 6.150% senior unsecured notes due 2030 priced in private offering.","Proceeds to repurchase/repay $288.2M of 4.375% Senior Notes due 2025 and $11.8M of subsidiary notes.","Additional net proceeds to be used for general corporate purposes.","Redemption includes payment of any applicable redemption premium."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169685,"accession_number":"0001628280-25-014839","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-03-26T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group reaffirms Q1 2025 revenue and adjusted earnings outlook; no change from Feb 14 guidance","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Press release confirms previously stated ranges for revenue and pre-tax Adjusted Earnings.","No new financial figures provided; references Feb 14, 2025 press release for details.","Outlook update is a reaffirmation, not a revision of prior guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169684,"accession_number":"0001213900-25-015309","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Howard Lutnick steps down as CEO/Chairman; co-CEOs Abularrage, Aubin, Windeatt appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Howard Lutnick confirmed as 41st US Secretary of Commerce; resigned as BGC Chairman and CEO effective Feb 18, 2025.","Brandon Lutnick (27) appointed to Board; son of Howard Lutnick, CEO of Cantor Fitzgerald, no board committee role.","Stephen Merkel (EVP/GC) appointed to Board and as Board Chairman; will continue as EVP and General Counsel.","John Abularrage, JP Aubin, and Sean Windeatt appointed Co-CEOs; each retains prior operational roles (Americas, EMEA, COO).","Abularrage gets $750K salary + $2.5M bonus, term through 2034; Aubin gets €705K salary, term through 2029; Windeatt's partnership extended to 2034."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169683,"accession_number":"0001628280-25-005560","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2025-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC posts record Q4 revenue $572.3M (+10.8%); FY EPS $0.25 (up 257%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $572.3M (+10.8% YoY); FY revenue $2.26B (+11.7% YoY); both record highs.","GAAP net income $24.2M in Q4 ($0.05 EPS); FY net income $121.3M ($0.25 EPS, +257%).","Post-tax Adjusted EPS $0.25 in Q4 (+19% YoY); FY $0.99 (+20.7%).","Adjusted EBITDA $192M in Q4 (+26.7% YoY); FY $714.3M (+24.5%).","Growth driven by ECS, Rates, and FX; strong momentum continuing into early 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":2262818000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186743,"accession_number":"0001628280-24-052614","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-12-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group reaffirms Q4 2024 revenue and pre-tax adjusted earnings outlook","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Reaffirmed previously stated Q4 2024 revenue and pre-tax adjusted earnings guidance ranges from Oct 31, 2024.","No changes to any financial guidance metrics were made in the updated outlook.","The December 31 press release disclosed no new specific financial figures or projections."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186742,"accession_number":"0001213900-24-106514","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-12-06T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC Group increases revolving credit facility to $700M via $325M incremental increase from existing lenders","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate revolving commitments increased by $325M to $700M effective Dec 6, 2024.","Interest rates and financial covenants unchanged from existing credit agreement.","Proceeds to be used for general corporate purposes.","Amendment involves 19 lenders including Bank of America, Capital One, Citizens Bank, et al.","No change to other terms; facility supports liquidity for growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186741,"accession_number":"0001213900-24-101020","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"BGC CEO Howard Lutnick nominated for U.S. Commerce Secretary, to step down upon Senate confirmation","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chairman/CEO Howard Lutnick nominated by President Trump as U.S. Secretary of Commerce; will step down from BGC, Cantor, and Newmark upon confirmation.","Lutnick intends to recommend John Abularrage, Jean-Pierre Aubin, and Sean Windeatt as Co-CEOs of BGC effective upon his departure.","Lutnick will divest his interests in BGC, Cantor, and Newmark to comply with government ethics rules; no open market sale expected.","BGC expects no changes to its existing corporate structure; further details to be disclosed later."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186740,"accession_number":"0001628280-24-044431","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Group Q3: record revenue $561M (+16% YoY), post-tax Adjusted EPS $0.26 (+36.8%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $561M (+16% YoY); GAAP net income $14.2M ($0.03 diluted EPS).","Post-tax Adjusted Earnings $126.6M (+34.5%), Adjusted EPS $0.26 (+36.8%).","Agreed to acquire OTC Global Holdings, closed Sage Energy; expected to add >$450M in annual revenue.","FMX Futures Exchange launched Sep 23; record volumes on U.S. Treasury and FX platforms.","Expect to connect 5–10 of the largest FCMs to FMX over the next two quarters."],"consensus_eps_estimate":null,"consensus_eps_actual":0.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":1690486000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186739,"accession_number":"0001213900-24-089434","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"BGC Group announces agreement to acquire OTC Global Holdings, a global energy brokerage","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of OTC Global Holdings, the largest independent institutional energy and commodities brokerage firm.","Transaction is substantially all cash, subject to customary closing conditions and regulatory approvals.","Howard Lutnick (BGC CEO) said OTC's talent and ECS business complement BGC's platform.","Joe Kelly (OTC CEO) said combined platform will deliver unparalleled value to clients worldwide.","Jefferies LLC acted as exclusive financial advisor to OTC Global Holdings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203302,"accession_number":"0001628280-24-041578","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group expects Q3 2024 revenue and pre-tax adjusted earnings near high end of prior guidance","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["BGC updated its Q3 2024 outlook, expecting revenue and pre-tax Adjusted Earnings around the high end of previously stated ranges.","Previous guidance was issued on July 30, 2024; specific ranges were not repeated in this filing.","Positive update implies better-than-expected performance for the quarter ending September 30, 2024.","Full Q3 results expected in late October; CEO Howard Lutnick signed the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203301,"accession_number":"0001213900-24-079456","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-09-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"BGC Group stockholders elect all five director nominees, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected: Howard Lutnick, David Richards, Arthur Mbanefo, Linda Bell, William Addas.","Ernst & Young LLP ratified as independent auditor for FY 2024 with 1.407B votes for, 2.1M against.","Advisory vote on executive compensation approved: 1.249B for, 96.4M against, 903.5K abstentions.","Holders of Class A and Class B common stock voted together as a single class on all proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203300,"accession_number":"0001213900-24-072401","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-08-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"BGC Group launches exchange offer for $500M of 6.600% Senior Notes due 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offer for up to $500M aggregate principal of outstanding 6.600% Senior Notes due 2029.","Exchange Notes are registered under Securities Act; terms identical to Old Notes.","Expires September 24, 2024; tenders can be withdrawn before expiration.","Offer satisfies registration rights obligations from private placement in June 2024.","No new financing; does not represent new debt issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203299,"accession_number":"0001628280-24-033356","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC Q2 2024 record revenue $550.8M, up 11.7% YoY; adjusted EPS $0.23","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $36.1M ($0.08 diluted EPS) vs. $19.7M loss ($0.05 loss) a year ago.","Post-tax adjusted earnings $114.7M ($0.23 per share), up 14.7% YoY.","Adjusted EBITDA $162.4M, up 20.2%; FMX UST volumes +37%, FX volumes +30%.","FMX and LCH received full CFTC approval to launch SOFR futures exchange in September.","Dividend declared of $0.01 per share, payable Aug 28, 2024 to holders of record Aug 14."],"consensus_eps_estimate":null,"consensus_eps_actual":0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":1129375000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219661,"accession_number":"0001628280-24-030404","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"BGC reaffirms Q2 2024 outlook, reschedules annual meeting to Sept 16","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reaffirmed Q2 2024 revenue and pre-tax Adjusted Earnings outlook ranges (unchanged from Apr 30 release).","2024 Annual Meeting moved to September 16, 2024; location and time to be specified in proxy statement.","Deadline for stockholder proposals (Rule 14a-8) and advance notice set to July 8, 2024.","Proposals must be sent to BGC Group, 499 Park Ave, NY, NY 10022, Attn: Corporate Secretary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219660,"accession_number":"0001193125-24-158371","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-06-10T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC closes $500M 6.600% senior notes due 2029, net ~$495.3M, to refinance $300M of 3.750% 2024 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Net proceeds of $495.3M after discounts & expenses; used to repurchase/repay $255.5M BGC 3.750% notes and $44.5M BGC Partners 3.750% notes.","Notes mature June 10, 2029; interest at 6.600% payable semi-annually starting Dec 10, 2024; unsecured, no financial covenants.","Third Amendment to Cantor Credit Agreement permits up to $400M of FICC-GSD Margin Loans at ~5.14% rate, maturity ≤35 days.","Clearing Agreement Amendments align margin posting rate with Cantor's third-party credit facility cost.","Registration rights agreement requires exchange offer within 365 days or potential shelf registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219659,"accession_number":"0001193125-24-153617","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"BGC Group prices $500M of 6.600% senior notes due 2029 for refinancing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $500.0M aggregate principal of 6.600% senior unsecured notes due 2029 on June 3, 2024.","Proceeds to repurchase or redeem $255.5M of BGC 3.750% Notes due 2024.","Also to redeem $44.5M of BGC Partners 3.750% Notes due 2024.","Any additional net proceeds will be used for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219658,"accession_number":"0001628280-24-019192","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC posts record Q1 revenue of $578.6M, up 8.6% YoY; FMX strategic partners invest $172M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income $46.4M ($0.10 diluted EPS), up 92% YoY; Adjusted EPS $0.25, up 8.7%.","Adjusted EBITDA $208.4M, up 37.9% YoY; revenues $578.6M, a Q1 record.","10 major financial institutions invested $172M in FMX at a $667M post-money valuation.","CEO says investment validates BGC's technology and vision to reshape U.S. interest rate markets."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":578614000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219657,"accession_number":"0001193125-24-125059","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC Group amends credit facility, extends maturity to April 2027, ups accordion to $475M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Second A&R Credit Agreement signed April 26, 2024; extends maturity of $375M revolver to April 26, 2027.","Company can increase revolver to $475M (from $450M) subject to conditions.","Borrowings bear interest at Term SOFR plus margin (initially 1.75%) or base rate plus margin (initially 0.75%).","Financial covenants: minimum net worth, net excess capital, interest coverage, and max leverage ratio.","Proceeds to be used for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219656,"accession_number":"0001193125-24-112083","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Ten banks invest $172M in BGC's FMX at $667M valuation; FMX Futures to launch Sept 2024","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Ten banks/market makers invest $172M for 25.75% ownership of FMX, post-money valuation $667M.","FMX Futures (CFTC approved Jan 2024) to launch Sept 2024 trading SOFR & U.S. Treasury futures.","FMX UST cash Treasury platform reached 28% market share in Q1 2024, up from 26% in Q4 2023.","Partners may earn additional 10.3% equity upon achieving FMX trading volume targets.","FMX partners with LCH for portfolio margining, aiming to compete with CME's interest rate complex."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239457,"accession_number":"0001628280-24-013628","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group reaffirms Q1 2024 revenue and pre-tax adjusted earnings outlook","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Reaffirmed revenue and pre-tax Adjusted Earnings outlook ranges for Q1 2024 as provided on Feb 14, 2024.","No changes to guidance; outlook previously stated in February earnings release.","No specific numbers disclosed in this update; reliance on Feb 14 press release for details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239456,"accession_number":"0001193125-24-065856","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-03-12T23:59:59+00:00","items":["1.01","8.01","2.03","9.01"],"status":"ready","headline":"BGC borrows $240M from Cantor at reduced rate to replace external credit facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Second Amendment to intercompany Credit Agreement cuts interest rate to 25 bps below borrower's external revolving loan rate.","BGC borrowed $240M under the amended Cantor Credit Agreement on March 12, 2024.","Proceeds used to repay all $240M outstanding under BGC's external Credit Agreement, eliminating external borrowings.","New effective interest rate on BGC's borrowing from Cantor is ~6.92%, versus ~7.17% on prior external debt.","Amendment approved by BGC Board of Directors and Audit Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239455,"accession_number":"0001628280-24-004633","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-02-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"BGC reports record Q4 revenue up 18.4%, adjusted EPS $0.21, FMX exchange approved","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenues $516.8M (+18.4% YoY); FY23 revenues $2,025.4M (+12.8% YoY).","GAAP diluted EPS $0.04 (Q4), $0.07 (FY); post-tax adjusted EPS $0.21 (Q4), $0.82 (FY).","Adjusted EBITDA Q4 $151.6M (+22.3% YoY); FY $573.7M (+18.0% YoY).","CFTC approved FMX exchange for U.S. interest rate futures; launch expected summer 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":2025401000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239454,"accession_number":"0001193125-24-012610","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2024-01-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group's FMX Futures Exchange receives CFTC approval for U.S. Treasury and SOFR futures","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["CFTC approved FMX Futures Exchange on January 22, 2024, to operate an exchange for UST and SOFR futures.","CEO Howard Lutnick says FMX will compete with CME's U.S. interest rate complex, the most valuable futures market.","Fenics UST cash Treasury platform reached 25% market share in Q3 2023, up from 18% a year earlier.","FMX has a clearing agreement with LCH SwapClear for cross-margin efficiencies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256980,"accession_number":"0001628280-23-042872","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2023-12-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"BGC Group expects Q4 2023 revenue and adj earnings at high-end of guidance; FMX approval by early 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 2023 revenue and pre-tax Adjusted Earnings expected around high-end of ranges provided on Oct 30, 2023.","Double-digit revenue and pre-tax Adjusted Earnings growth anticipated for both Q4 and full year 2023.","FMX regulatory approval from CFTC and announcement of strategic partners expected in early 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":256979,"accession_number":"0001193125-23-278807","cik":1094831,"company_name":"BGC Group, Inc.","ticker":"BGC","form_type":"8-K","filed_at":"2023-11-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"BGC Group stockholders elect directors, ratify auditor, approve advisory compensation at 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All five director nominees elected with >1.18B votes each; broker non-votes ~81.6M.","Ratification of Ernst & Young as FY2023 auditor approved: 1.39B for, 5.75M against.","Advisory vote on executive compensation passed: 1.18B for, 132.5M against, 2.57M abstain.","Meeting held November 14, 2023; all three management proposals carried."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":5049256984.426716,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}