BGC Group, Inc. (NASDAQ:BGC), a global brokerage and financial technology company, today announced that BGC Brokers L.P. is now authorized as a U.K. registered benchmark administrator licensee with the U.K. Financial Conduct Authority (FCA) under the U.K. Benchmarks Regulation.

BGC’s approved benchmark offering includes swaps pricing in EUR IRS, GBP IRS, & XCCY swaps, and EU and U.K. Inflation swaps. This enhancement provides clients with an FCA regulated reference page, improved data quality, and a strong alternative benchmark solution for their issuance activities. This wider range of approved products strengthens our value proposition and ability to support issuance workflows.

“BGC is one of the world’s leading interest rate derivatives brokers with a comprehensive benchmark reference page for EUR, GBP swaps, inflation, and cross-currency products, covering the full forward curve,” said Nadim Mourad, Executive Managing Director at BGC. “This registration enables us to provide clients with regulated benchmark reference data that supports valuation and risk management activities across key rates markets.”

“We are pleased to become a registered benchmark administrator in the U.K., reflecting our commitment to the highest standards of benchmark administration and our dedication to integrity, transparency, and resiliency for our clients,” said Sean Windeatt, Co-Chief Executive Officer at BGC. “We look forward to expanding our benchmark offerings into other products and markets.”