BGC Expands in Listed Products

19 August 2008

BGC Partners, Inc. (Nasdaq: BGCP), one of the world’s leading inter-dealer brokers, announced today a number of promotions with Jean-Pierre Aubin, Executive Managing Director and Global Head of Listed Products moving to New York to take up a new role from 2nd September 2008.

Mr Aubin will be globally responsible for further developing BGC’s voice and electronic broking services in listed products, including equity derivatives, cash equity, futures and options on futures and primary structured products for the group. He will continue to report to Shaun Lynn, President of BGC Partners.

Commenting on the appointment, Mr Lynn said “Jean-Pierre has been a key part of our management team responsible for the tremendous growth of BGC’s operations in continental Europe. We wish him every success in replicating this growth on a global basis from New York.” Mr Aubin’s key role since he joined the group in 2005 has included the establishment and growth of operations in Copenhagen and Nyon, the acquisitions and integration of ETC Pollak and Aurel Leven and the development of BGC’s capabilities in listed products.

Mr Aubin said “I am very happy about the opportunity to further develop our hybrid model of voice and electronic broking services for listed products. We now have a fantastic foothold in Europe, including over 150 brokers in France alone, and we are excited by the potential elsewhere in the world.”

As part of Mr Aubin’s global remit, Sean Robinson has joined the group as Managing Director and will be responsible for BGC’s office in Nyon, Switzerland.

Mr Robinson has over 20 years’ financial markets and managerial experience. He joins from Dresdner Kleinwort where he ran the fixed income flow trading business. Prior to this, he spent ten years as a Director at Merrill Lynch and joined it having previously worked for Bank of Tokyo as an Associate Director on its US dollar trading desk.

Mr Robinson said “I am delighted to be joining BGC to run its business in Switzerland. I could see that the group is growing rapidly and is very well-positioned in Europe to offer clients maximum choice and flexibility of products and execution.”

Jérôme Frank remains Senior Managing Director and will be responsible for BGC’s businesses in France. Marion Lesage, currently Head of Credit Products in Paris is promoted to Managing Director and will report to Mr Frank.

Mr Frank said “It is an exciting time for BGC in Europe, particularly France where we now have a very strong presence across multiple asset classes through our acquisitions, which are now located in one single office, and the technology that we were able to quickly deploy into them.” Both Mr Robinson and Mr Frank will report to Mr Aubin as key members of the team that he employs to successfully expand BGC’s capabilities in listed and primary structured products worldwide.

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