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Posted by
Two Blokes May 27 -
Filed in
Stock
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Q1 revenue for BGC was up 14.8% year over year, with pre-tax adjusted earnings growth of 18.5%. Fenics revenue was up 16% year over year, and remains an important driver for earnings growth as electronic trading has higher margins attached to it. The revenue contribution from the OTC Global acquisition is expected to be approximately 15% higher than previous expectations.
