BGC Partners Adds Michael Morris as its Head of Sales, FENICS

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company specializing in financial and real estate markets, has appointed Michael Morris as the newest member of its FENICS Market Data who joins as its Head of Sales for the Americas with immediate effect, according to a BGC statement.

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BGC’s FENICS solutions support all aspects of foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) option activity from pricing, automated price distribution, trading, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and post trade processing (STP, trade reporting, etc). In his new role, Mr. Morris will be based out of New York, where he will report to Elliott Hann, Global Head of Sales at FENICS Market Data.

He joins BGC Partners from Bloomberg L.P., having previously served as its Global Head of Data Acquisition. He worked at Bloomberg for over a decade, holding other senior roles such as Data Acquisition Sales Manager for Asia-Pacific (APAC) as well as the Americas, according to information made public on his Linkedin profile.

According to Mr. Hann, in a recent statement on the appointment: "We are delighted to welcome Mike to the team. He brings to BGC Partners a wealth of industry knowledge and leadership from his 20 years with Bloomberg. Mike's experience of working with a global vendor will be invaluable, as the FENICS Market Data business continues to grow and expand into new asset classes and market segments."

"The FENICS Market Data business continues to go from strength to strength. The increased investment in staff and technology helps us attract top industry talent, exemplified by professionals like Mike," added Richard Brunt, Managing Director, FENICS, in an accompanying statement.