On the Record · BGC Group
BGC Group competitors, on the record
The companies BGC Group itself names as competitors in its annual reports, 2023 to 2025, each with the sentence it appears in and the filing it came from.
Who BGC Group names
| Company | Named in |
|---|---|
| Bloomberg | 2025 |
| Clarksons PLC | 2025 |
| CME Group | 2025 |
| Dealerweb | 2025 |
| ION Group | 2025 |
| LSEG Data & Analytics | 2025 |
| Marex Group PLC | 2025 |
| MarketAxess | 2025 |
| Pico | 2025 |
| StoneX Group | 2025 |
| TP ICAP | 2025 |
| Tradeweb | 2025 |
| Tradition | 2025 |
In its own words
Bloomberg, ION Group, Pico
Word for word“We compete with other market infrastructure and connectivity providers, such as Pico, ION Group and Bloomberg.” 10-K for 2025
Clarksons PLC, Marex Group PLC, StoneX Group
Word for word“We also increasingly compete with a number of ECS brokerage firms, such as Marex Group PLC, StoneX Group, and Clarksons PLC, as we continue to invest in the growth of this asset class.” 10-K for 2025
CME Group
Word for word“We also directly compete with the CME Group through our FMX Futures Exchange.” 10-K for 2025
Dealerweb
Word for word“Other competitors include Dealerweb, an inter-dealer and wholesale financial brokerage business within Tradeweb and a number of private firms that tend to specialize in specific product areas or geographies.” 10-K for 2025
LSEG Data & Analytics
Word for word“In addition, financial data and information firms such as LSEG Data & Analytics and Bloomberg L.P. operate trading platforms for both OTC and listed products and may attempt to compete with us for trade execution in the future.” 10-K for 2025
MarketAxess, Tradeweb
Word for word“In addition to exchanges, other electronic trading platforms which primarily operate in the institutional markets, including those run by MarketAxess and Tradeweb, now compete with us in the inter-dealer markets.” 10-K for 2025
TP ICAP, Tradition
Word for word“We primarily compete with two major, diversified inter-dealer brokers and financial intermediaries: TP ICAP and Tradition.” 10-K for 2025
Read from BGC Group’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.