BGC Partners Receives Regulatory Approval for Proposed Asset Sale to NASDAQ OMX

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BGC Partners, Inc.
BGCP
("BGC Partners," "BGC," or "the Company"), a leading global brokerage company primarily servicing the wholesale financial and real estate markets, today announced that it has received regulatory approval for the proposed sale of certain assets comprising its platform for the fully electronic trading of benchmark, on-the-run US Treasuries to NASDAQ OMX Group, Inc.
NDAQ
("NASDAQ OMX").  As previously disclosed, total consideration for this transaction is up to $1.234 billion. (Logo: http://photos.prnewswire.com/prnh/20110720/MM38935LOGO) On May 13, 2013, BGC received notice of regulatory approval with respect to the proposed transaction under the Hart-Scott-Rodino Antitrust Improvements Act.  The Company currently expects the transaction to close before the end of the third quarter of 2013.  About BGC Partners, Inc.BGC Partners is a leading global brokerage company primarily servicing the wholesale financial and real estate markets.  Products include fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commercial real estate, commodities, futures, and structured products. BGC also provides a wide range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back-office services to a broad range of financial and
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