BGC Partners, Inc. Files Registration Statement for Initial Public Offering.

NEW YORK -- BGC Partners, Inc. ("BGC"), an inter-dealer broker providing integrated voice and electronic execution and other brokerage services to banks, brokerage houses and investment banks, announced today that it has filed a registration statement with the Securities and Exchange Commission in connection with its proposed initial public offering of shares of its Class A common stock.

The underwriters for the initial public offering are, listed alphabetically, Cantor Fitzgerald & Co. and Deutsche Bank Securities Inc. The number of shares to be offered and the proposed price range have not yet been determined. The proposed public offering will be made only by means of a prospectus, which you are advised to read carefully before making any investment decision.

Once available, a copy of the prospectus may be obtained by contacting Cantor Fitzgerald & Co., ITD Equity Syndicate Manager, 110 East 59th Street New York, New York 10022 (telephone number: 212-829-4753); or Deutsche Bank Securities, Attn: Prospectus Dept, 100 Plaza One, Floor 2, Jersey City, NJ 07311 (telephone number: 800-503-4611).

Important Information Regarding the Offering

U.S. Legend: A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

International Legend: This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities, in any jurisdiction outside of the United States to any person to whom it is unlawful to make the offer or solicitation or sale in such jurisdiction. In particular, no action has been taken, or is intended to be taken, by BGC or the underwriters which would permit a public offering of any of these securities in any jurisdiction outside of the United States where action for that purpose is required. Accordingly, these securities may not be offered or sold, directly or indirectly, nor any advertisement or other offering material distributed or published, in any jurisdiction outside of the United States, except under circumstances that will result in compliance with any applicable laws and regulations.

About BGC Partners, Inc.

BGC is an inter-dealer broker, providing integrated voice and electronic execution and other brokerage services to banks, brokerage houses and investment banks for a broad range of global financial products, including fixed income securities, foreign exchange, equity derivatives, credit derivatives, futures, structured products and other instruments, as well as market data products for selected financial instruments. BGC has offices in New York, Chicago, Los Angeles, London, Toronto, Hong Kong, Paris, Nyon, Milan, Tokyo, Beijing, Singapore, Mexico City, Copenhagen, Melbourne, and Sydney.