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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

CompanyNamed in
Bloomberg2025
Clarksons PLC2025
CME Group2025
Dealerweb2025
ION Group2025
LSEG Data & Analytics2025
Marex Group PLC2025
MarketAxess2025
Pico2025
StoneX Group2025
TP ICAP2025
Tradeweb2025
Tradition2025

In its own words

  1. 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
  2. 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
  3. CME Group

    Word for word“We also directly compete with the CME Group through our FMX Futures Exchange.” 10-K for 2025
  4. 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
  5. 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
  6. 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
  7. 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.