BGC Partners Completes Acquisition of Sunrise Brokers Group

[kreslik.news]

BGC Partners (NASDAQ:BGCP), a global brokerage company servicing the financial and real estate market, has completed its acquisition of Sunrise Brokers Group, helping shore up its equities capabilities, per a company statement.

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BGC Partners had previously been pursuing an acquisition since July 2016 – Sunrise Brokers Group is an independent financial brokerage with a leading reputation in worldwide equity derivatives. The group was founded in 1991 and had on balance over $90 million of consolidated revenue for 2015.

The assimilation of Sunrise Brokers Group will help BGC ... (read more)