I read an article somewhere saying howard lutnick sold a bunch of shares of BG Group to someone. That got me thinking about BGP because I worked for a company (ngkf now known as newmark) that had a company that got bought out by the owner of the company that used to be part of BGCP aka BG Group. The owner of my company was of a certain faith that believes people that are not of his faith are slaves. I didn't think much about the companies at the time but then I read all of this and wanted to share it all. Take a look at the man's surname and the total shares he owns. The company owns real estate all over the world but they hide the money in other companies. I think there is significant money laundering, racketeering, and tax evasion going on but I have no clue and its not something I have control over. I wanted to inform the public of my findings. I've attached some history I could find on the interwebs. If anyone has additional info, please reply
BGC GROUP, INC.(BGC)
May 19, 10:26 AM EDT·Market open
9.81USD
+0.60 (6.51%)
As of now, BGC Group, Inc. has a market capitalization of approximately $4.79 billion USD1. Let me know if you need more details!
BGC Partners, Inc. (now BGC Group, Inc.) is a global brokerage and financial technology company specializing in financial markets1. Originally part of Cantor Fitzgerald, BGC became its own entity in 20042. The company provides services such as trade execution, brokerage, clearing, trade compression, post-trade services, and market data analytics1.
BGC operates under various brands, including Fenics®, FMX™, Sunrise Brokers, Poten & Partners, and RP Martin1. It serves a wide range of clients, including banks, broker-dealers, investment firms, hedge funds, and governments1.
The company is headquartered in New York City and London and trades on Nasdaq under the ticker symbol "BGC"2.
Cantor Fitzgerald, L.P. is a global financial services firm founded in 1945. It specializes in institutional equity, fixed-income sales and trading, investment banking, prime brokerage, and commercial real estate financing1. The firm operates in more than 60 offices across 20 countries and has over 12,500 employees1.
Cantor Fitzgerald is also one of 24 primary dealers authorized to trade U.S. government securities with the Federal Reserve Bank of New York1. The company has a strong focus on innovation and client service, offering a full suite of financial capabilities2.
The firm suffered a devastating loss during the September 11, 2001 attacks, when 658 of its employees were killed in the World Trade Center1. Despite this tragedy, Cantor Fitzgerald rebuilt and continues to be a major player in the financial industry.
Cantor Fitzgerald was founded in 1945 by Bernard Gerald Cantor and John Fitzgerald as an investment bank and brokerage business1. While the company itself does not have a 100-year history before its founding, Bernard Cantor played a significant role in shaping the firm’s early direction.
Before Cantor Fitzgerald, Bernard Cantor was involved in institutional trading and investment banking, which helped him develop the expertise to launch the firm1. Over the decades, Cantor Fitzgerald became a leader in large-block equity trading, government securities, and electronic trading platforms1.
Bernard Gerald Cantor was born in 1916 in the Bronx, New York, to Jewish immigrant parents from Belarus1. He attended DeWitt Clinton High School, where he excelled in mathematics2. As a teenager, he demonstrated early business instincts by selling peanuts and hotdogs at Yankee Stadium, strategically working only doubleheader games to maximize sales3.
Cantor studied law and finance at New York University from 1935 to 1937, after which he became a securities analyst on Wall Street1. During World War II, he served in the U.S. Army in the South Pacific, and upon returning, he founded B.G. Cantor & Co. in 1945, which later became Cantor Fitzgerald2. His firm specialized in institutional brokerage of U.S. government securities, eventually becoming one of the largest in the industry3.
Cantor was a pioneer in financial technology, introducing screen brokerage in 1972, which revolutionized the trading of U.S. government securities2. By 1983, Cantor Fitzgerald had established the first worldwide electronic trading system for broker-dealers3. His leadership helped the firm expand globally, with offices in major financial hubs.
