BGC Q3 2025: Revenue Surges from Acquisitions, But Margin Pressures Mount
Gist BGC’s Q3 2025 revenue rose 31% year-over-year to $736.8 million, driven by strong organic growth and the OTC Global acquisition, with adjusted EPS up 12%. Electronic platforms FMX and Fenics are the main growth engines, gaining U.S. Treasuries and FX market share and reinforcing BGC’s position as a leading ECS broker. Margins compressed as …
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