NASDAQ BGCP 5.50 -0.07 -1.26% Volume: 1,617,412 February 21, 2020

Q3 2014 BGC Partners, Inc. Earnings Conference Call

October 30, 2014 10:00 AM EST

The Company would like to clarify an answer given within the Q&A section of this transcript and webcast. Regarding Mr. O’Shaugnessy’s question on NGKF’s margins, BGC Partners Inc., would like to make clear that the target for NGKF’s Management Services pre-tax distributable earnings margin is approximately 15%, exclusive of pass-through revenues & expenses.

3Q 2014 Earnings Presentation