BGC Partners Adds Former ICAP CEO, Anthony Warner as Its Senior MD

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company servicing both financial and real estate markets, has appointed Anthony Warner as its newest Senior Managing Director and General Manager for BGC Brokers, London, according to a BGC statement.

In his new role as the Senior Managing Director of BGC Brokers, Mr. Warner will be tasked with overseeing the group’s corporate initiatives and comprehensive growth efforts in the UK and abroad – he will be reporting to BGC's President, Shaun D. Lynn, with his tenure slated to take effect pending regulatory approval.

Mr. Warner joins BGC from ICAP plc, where he worked for nearly twenty-five years across a number of senior level roles. This includes most recently a stint as the CEO of ICAP Singapore, though other positions also focused on the group’s UK business and Euro Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term. Additional stops include Standard Chartered, where he worked in FX, dating back to 1987.

According to Mr. Lynn in a recent statement on the appointment, 'Tony is a well-respected leader within our industry with a deep understanding of the factors influencing efficient trading, Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and the development of high quality brokerage services worldwide.”

“Having someone with Tony's prominent background, market insight, and extensive network of contacts, spearheading our efforts is invaluable as BGC continues its strategy of growing across key voice, hybrid, and fully electronic markets,” he noted.

“BGC has an outstanding reputation for the strength of its trading platforms, innovative technology solutions and dedicated client services around the world. I am excited to partner with such a highly talented team of professionals to deliver BGC's expertise, world-class products and industry leadership to our clients,” added Mr. Warner in an accompanying statement.

Earlier this week, BGC Partners made headlines when it sold off its recently acquired Trayport Unit for $650 million in ICE common stock. The agreement was important for ICE in that it will usher in the provision of a suite of new services to the European OTC energy markets, which presently include comprehensive offerings of European power, natural gas and coal options.