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

Carbon Trading Veteran John Battaglia Joins BGC Partners to Lead Carbon Markets Desk

08/08/16

SAN FRANCISCO, Aug. 8, 2016 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC" or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that John Battaglia is joining BGC Partners as a Senior Vice President and Head of Carbon Markets, through its BGC Environmental Brokerage Services L.P. subsidiary. John will report to Nicole Shaughnessy, Managing Director, Environmental Products, BGC Environmental Brokerage Services L.P. He will be based in San Francisco.

Prior to joining BGC, John served for eight years as a Director in Carbon Markets at Evolution Markets in San Francisco.  While at Evolution, he held several roles of increasing responsibility in the carbon business, most recently as the Head of Canadian carbon markets. John's experience will advance the strategic development of BGC's carbon business at a critical time for the markets.

"John Battaglia is a well-respected broker in the North American carbon markets.  At BGC, he will be responsible for the growth of our carbon business in North America, including markets in California, Quebec, Ontario as well as for RGGI*," said Nicole Shaughnessy.

"He brings an in-depth knowledge of the markets along with well-placed industry contacts, which are extremely valuable, as we continue to expand coverage of environmental products," added Shawn McLoughlin, BGC's Senior Managing Director of Business Development for North America.

*Regional Greenhouse Gas Initiative

About BGC Partners, Inc.
BGC Partners is a leading global brokerage company servicing the financial and real estate markets.  BGC owns GFI Group Inc., a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets.  The Company's Financial Services offerings include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, and structured products. BGC provides a wide range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions.  Through brands including FENICS, BGC Trader, Capitalab, and BGC Market Data, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. 

Real Estate Services are offered through brands including Newmark Grubb Knight Frank, Newmark Cornish & Carey, ARA, Computerized Facility Integration, Landauer Valuation & Advisory, and Excess Space.  Under these names, the Company provides a wide range of commercial real estate services, including leasing and corporate advisory, investment sales and financial services, consulting, project and development management, and property and facilities management.

BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, property owners, real estate developers, and investment firms. BGC's common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP).  BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA).  BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com.  

BGC, BGC Trader, GFI, FENICS, FENICS.COM, Capitalab, Swaptioniser, Newmark, Grubb & Ellis, ARA, Computerized Facility Integration, Landauer, Landauer Valuation & Advisory, and Excess Space, Excess Space Retail Services, Inc., and Grubb are trademarks/service marks, and/or registered trademarks/service marks and/or service marks of BGC Partners, Inc. and/or its affiliates.  Knight Frank is a service mark of Knight Frank (Nominees) Limited

Discussion of Forward-Looking Statements about BGC Partners 
Statements in this document regarding BGC's businesses that are not historical facts are "forward-looking statements" that involve risks and uncertainties. Except as required by law, BGC undertakes no obligation to release any revisions to any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors set forth in its public filings, including the most recent Form 10-K and any updates to such risk factors contained in subsequent Forms 10-Q or Forms 8-K.

 

BGC Partners, Inc. logo. (PRNewsFoto/BGC Partners, Inc.)

 

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SOURCE BGC Partners, Inc.

Media Contact: Sarah Lukashok, Sarah.lukashok@bgcpartners.com, 212-829-4746, Investor Relations Contact: Jason McGruder, jmcgruder@bgcpartners.com, 212-829-4988