BGC Adds Former ICAP Global eCommerce CEO Dean Berry to its Executive Team

BGC Partners, Inc. (NASDAQ: BGCP) announced today that Dean Berry has been appointed by the company as an Executive Managing Director in its Global Electronic and Hybrid Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term team.

Dean's appointment demonstrates our ability to attract the most innovative and sought-after talent in the e-Commerce space.

Dean most recently served as the Chief Executive Officer for Global e-Commerce at ICAP. He brings to BGC Partners a long track record of leadership, market expertise and innovation, which will complement the firm's top-tier e-Commerce offering, and in particular, its hybrid brokerage model.

Dean, who will work alongside Global Head of e-Commerce Phil Norton and will dedicate his expertise to all pre- and post-trade, market data, Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term and fully electronic markets across the firm, will report to Shaun D. Lynn, President, BGC Partners.

Lynn said: "Dean's appointment demonstrates our ability to attract the most innovative and sought-after talent in the e-Commerce space. We look forward to Dean continuing to advance our growing technology offering, of which FENICS is a shining example.”

BGC Partners is a global brokerage company servicing the financial and real estate markets which provides a range of services, including trade execution, broker-dealer services, clearing, trade compression, post trade, information, and other services to a broad range of financial and non-financial institutions. The company recently reported positive financial results for the quarter ended 31 March, 2016 as reported by Finance Magnates.