BGC Partners Inc. (BGCP) announced after the bell Monday that it has entered into an agreement to sell its benchmark, on-the-run, U.S. Treasury fully electronic trading platform to NASDAQ OMX Group (NDAQ) for up to $1.234 billion.
BGC Partners gapped open sharply higher Tuesday and is now up 1.51 at $5.36 on strong volume. The stock has leaped to an 8-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.