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BGC Partners Sees Marginal Increase in FX Revenue in Q1

BGC Partners, a major financial technology and brokerage firm, released its first quarter 2023 metrics on Wednesday, reporting a marginal increase in its consolidated revenue from forex trading. The revenue rose by 0.2% to $80.2 million (or 1% in constant currency), compared to the first quarter of 2022. FX Generates Smallest Revenue GrowthThe revenue boost was the least among all asset classes traded on BGC’s platforms. The first quarter revenue follows the 0.5% year-over-year marginal decrease... Read More

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Posted: May 4 2023, 15:21

Author Name: financemagnates

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